•The S&P BSE Sensex plunged as much as 72 points in trade on Wednesday following muted trend seen in other Asian markets.
•Shares in India's Hero MotoCorp Ltd fall as much as 2.2 percent after the company's April-June quarterly earnings missed some analysts' estimates.Hero reported a net profit of 5.63 billion rupees, against a consensus forecast of 6.13 billion rupees.
•Kotak Securities said the company's EBITDA was below its estimates. Kotak cut its price target to 2,800 rupees from 2,850 rupees, while maintaining a "hold" rating on the stock.
•Hero shares down 1.77 percent to 2,537.60 rupees at 0353 GMT.
•Gold ticked up slightly on Wednesday and could benefit from a bout of market risk aversion as fears of increasing military action along the Ukraine border put global equities under pressure.
•Silver ticked up after dropping to a seven-week low in the previous session on strong U.S. data and a higher dollar.
•Shares in India's Hero MotoCorp Ltd fall as much as 2.2 percent after the company's April-June quarterly earnings missed some analysts' estimates.Hero reported a net profit of 5.63 billion rupees, against a consensus forecast of 6.13 billion rupees.
•Kotak Securities said the company's EBITDA was below its estimates. Kotak cut its price target to 2,800 rupees from 2,850 rupees, while maintaining a "hold" rating on the stock.
•Hero shares down 1.77 percent to 2,537.60 rupees at 0353 GMT.
•Gold ticked up slightly on Wednesday and could benefit from a bout of market risk aversion as fears of increasing military action along the Ukraine border put global equities under pressure.
•Silver ticked up after dropping to a seven-week low in the previous session on strong U.S. data and a higher dollar.
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