ECONOMY ANALYSIS
 Sensex slips 245 pts, Nifty ends below 8050; Reliance tanks
 NIIT gains 5% on order from Norwegian oil & gas company
 IOC to invest Rs 15,000 crore in Panipat refinery
 SpiceJet shares jump over 8% on fleet expansion plans
 NTPL Tuticorin to commission first 1000-mw power unit
 2G case: Court denies Ruia permission to go abroad

MARKET ANALYSIS
 The S&P BSE Sensex ended the day at 26,523.09, down 245.40 points.
 The broader 50-share Nifty closed the session at 8,044.15, down 70.55
points, below its new crucial psychological level 8,050.
25 of 30 Sensex stocks ended the day in red. Top losers on the Sensex were
Vedanta and Tata Steel, down about 3% each. NestleBSE -7.63 % ended
day nearly 8 per cent down.
 Sectorally, consumer durables and metals were the top losers, down nearly
2% each. The S&P BSE Sensex fell over 250 points in intraday trade on Monday on concerns that the US Federal Reserve may go for a hike in key policy rate as early as September even as other Asian stock markets saw a mixed trend.
 Japan's Nikkei 225 ended 0.02 percent lower at 20,457.19 after dropping to
as low as 20,359.06, the weakest intraday level since May 25. China shares
posted solid rise and ended 2 per cent higher at 5,131.88, up 108.78 points.
 The Reserve Bank of India (RBI) is scheduled to announce current account
deficit (CAD) data for the fourth quarter of 201415 later today.