Domestic stock markets started the day’s trade with losses amid weak global cues.

[{"selector":"#anim-7bcd2e29-0bc7-4431-8cd2-26e2ad27b48e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(33.73161754834291%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-49b5a350-6f3c-411d-92ab-2319eb508add","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] S&P BSE Sensex was down more than 600 points or 1.08%

[{"selector":"#anim-e82917db-f966-48a7-abcc-7544f9c4cb82 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(38.95833321955905%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-16c6f49b-782c-4e2a-ab37-4c88a71f531a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] it just above 59,000 while NSE Nifty 50 index was down close to 200 points or 1.10% to hover just above 17,550

[{"selector":"#anim-a513075c-3aeb-46bb-9f4a-e97fdd162add [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ad5e60b8-5b21-4d0a-a595-234790b18cad","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Bank Nifty was down more than 1.5% while India VIX gained 4% and breached 19 levels.

[{"selector":"#anim-4822ff39-07cc-4b27-8bed-b1942049f367 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(62.506637958400034%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ee3ae485-efca-441b-942d-e1b42da5d43a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Bank Nifty was down more than 1.5% while India VIX gained 4% and breached 19 levels

[{"selector":"#anim-ed0f01bb-653b-4894-890c-8ba39ddab702 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.191176374660905%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-d488240f-aee8-4c6a-bd47-7b027e164593","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Kotak Mahindra bank was the top laggard, down 2.5%, followed by Axis Bank, and Tech Mahindra.

[{"selector":"#anim-37260fbd-bacf-4b8e-bdad-8a7b9a9a18ae [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-020af2a0-0b3c-4a21-b0cd-cd829658a245","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Power grid was the top gainer, up 1%, accompanied by Hindustan Unilever, and Dr Reddy’s.

[{"selector":"#anim-949f39ff-2a85-4cad-9a87-e49a2cf0211d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(63.897058729832935%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-d228c0ea-305d-4570-a9f2-c876e1db2978","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Days after the Reserve Bank of India (RBI) released a discussion paper on payment charges,

[{"selector":"#anim-ac324294-15ef-4b99-b039-fca94c79b3cf [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(62.49999977245145%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-0f2a28f3-6da5-40a8-b62b-91ad1a0a7d15","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] he Ministry of Finance clarified that UPI service will not be charged.

[{"selector":"#anim-c0abead9-b3f2-4a5d-b843-6707b4d181aa [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(64.73243453372007%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-673b7875-b1f3-4210-93b7-955f4e6d4491","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] It was clarified that the concerns of UPI service providers for cost recovery would have to be met through other means.

[{"selector":"#anim-b24d9c87-db93-43eb-96c9-05db1d288dcf [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(62.49999977245145%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-f69adfb8-fa22-4d88-8047-6f0cac5ca2bb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] “UPI is a digital public good with immense convenience for the public & productivity gains for the economy.

Read Full Details CLICK HERE

[{"selector":"#anim-cdf80842-45f8-491c-acf3-c7f5a3f0cbb3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(62.49999977245145%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-50989147-2910-49bf-8555-35ee18e775fa","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]