Some of the experts have already projected that the fiscal deficit could rise to 3.5 per cent of the GDP, more than the budget estimate of 3.3 per cent of the GDP for the current fiscal.

Both Moody's and India-Ratings said that the merger deal has prompted a review of both the companies' credit ratings, warning that the acquisition will increase the leverage of PFC and have an impact on PFC's return on assets and return on equity.

The dip in crude oil prices will ease the pressure on inflation and current account deficit.

The Tata Motors stock touched a fresh 52-week low of 160.75 compared to its previous close of 162.40 on Thursday. The stock has lost over 17% in the last 30 days and hit a fresh 52-week low of 164 on the BSE yesterday.

The spotlight is back on business model of CRAs as to how it can be strengthened by dealing with blazing issues like rating shopping, non-rating business, competition, issuer pays model vs investor pays model and more.

The stock has lost 15% in the last 30 days and hit a fresh 52-week low of 164 on the BSE today. The stock has lost 61.79% since the beginning of this year and 58.48% during the last one year.

Shares of Maruti Suzuki India tumbled as much as 4.70 per cent in intra-day to Rs 7,204.10 apiece on the BSE, after the auto major said it will hike its car prices from next across various models in January 2019.

The large cap stock is trading 4.47% away from 52 week low of 164.55 on the BSE. It has fallen after two days of consecutive gain. The stock has lost 60.06% since the beginning of this year and fallen 57.20% during the last one year.

The stock was the top gainer on Sensex, Nifty today. It rose 6.73% to an intra day high of 171.25 level on the BSE. On Nifty, the stock rose 4.02% to trade at 166.90 level.