Stock Market LIVE Updates on June 19: Bajaj Finserv, Bajaj Finance, ONGC, Tata Steel, JSW Steel were maong the top gainers today. Infosys, HCL Tech, Wipro, Adani Ports, M&M were among the top losers

Ratings for infrastructure bonds worth Rs 5,000 crore have been revised to CARE A with negative outlook

Corporate India's interest outgo is growing faster than its operating income. As sectoral issues combine with a slowdown to pull down earnings, servicing debt could become more challenging

Tata Steel share price was trading above its 50-day moving average of 474 and below its 200-day moving average of 542.37 levels, respectively. The turnover for Tata Steel share rose to Rs 7.61 crore with 1.54 lakh shares traded on the BSE.

Meanwhile, Sensex and Nifty have logged spectacular rally rising 6.37% (2152 points) and 5.84% (609 points) since the beginning of this year on FII inflows, Q3 corporate earnings and Budget 2018 expectations.

The bitter public feud between the Tata family, which controlsIndia's most respected conglomerate, and it's now ousted chairman Cyrus Mistryhas created an unwelcome stir in the tiny Parsi community to which both sidesbelong.

Moody's Investors Service affirmed the credit ratings on Tata Steel as well as Tata Steel UK Holdings, saying that their profitability and cash generation are unlikely to deteriorate in the next 12 months.

Global rating agency Moody's says outlook for Tata Steel remains negative as its Indian operations are facing pressure on margins due to slower growth in the domestic economy.

Wipro has announced the acquisition of Australian analytics product firm Promax Applications Group in an all-cash deal of A$35 million, its 17th in the IT business since 2002.

Surendra Pipara (left) of Reliance ADAG, Unitech Wireless MD Sanjay Chandra (centre) are among the latest businessmen to join former telecom minister Andimuthu Raja in jail.