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News Wrap Up:
1. Sensex down 250 pts, Nifty50 below 17,950; IT index slips 1%
2. India set to post BoP deficit for 2nd straight yr in next fiscal: Standard Chartered Bank
3. TCS pushes the pedal to get self-driving cars on road with new algorithms
4. Foreign banks rush to find plan B as ESMA-BoE ban on CCIL looms
5. Sebi nod to reclassify govt holding in IDBI Bank as 'public' after sale
6. Vodafone Idea approaches banks for loans worth Rs 7,000 crore
7. Delhi reels under cold wave, dense fog; temp plunges to 1.8 degrees Celsius
8. Rama Steel freezes at 10% upper limit as stock turns ex-date for 4:1 bonus
9. Speciality Restaurants soars 20% in 2 days; hits record high in weak market
10. Profit-booking takes some sheen off gold; commodity hits all-time high