BRIEF-Axis Bank says had exposure on 8 accounts that RBI advised to start insolvency resolution process
* Says bank had exposure on 8 accounts that reserve bank of india advised to initiate insolvency resolution process
NEW YORK, March 24 Major U.S. stock indexes turned negative and sank to session lows on Friday as a highly anticipated vote in Congress on a healthcare bill neared.
Republicans in Congress said they lacked the votes needed for passage of their U.S. healthcare system overhaul. The White House said the vote was set for about 3:30 p.m. (1930 GMT).
Investors have been concerned about how the healthcare bill's potential failure might affect President Donald Trump's broader economic agenda, including tax reform.
The Dow Jones Industrial Average fell 105.17 points, or 0.51 percent, to 20,551.41, the S&P 500 lost 7.79 points, or 0.33 percent, to 2,338.17 and the Nasdaq Composite dropped 4.41 points, or 0.08 percent, to 5,813.29. (Reporting by Lewis Krauskopf; Editing by Nick Zieminski)
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_06292017.pdf If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/ FACTORS TO WATCH 9:00 am: SEBI Chairman Ajay Tyagi, Reliance Group Chairman Anil Ambani at AMFI Mutual Fund Summit in Mumbai. 10:00 am: Punjab National Bank annual shareholders meet in New Delhi. 11:15 am: Po