Sensex ends 365pts lower, Nifty holds 16,300; RIL cracks 4%, Infy gains 2%

The broader markets ended with deeper losses, with both the BSE Midcap and Smallcap indices down over 1.5 per cent each; the breadth too at 2:1 was in favour of the bears.

4:07 PM

Technical view: Kunal Shah-Senior Technical & Derivative Analyst at LKP Securities

The Bank Nifty index yesterday filled the previous gap of 34000 and needs to sustain above this level for a relief rally. The immediate resistance on the upside stands at the 34600-34800 zone and a break above this will lead to short covering towards the levels of 35500. The index, however, if breaks the level of 34000 will witness further downside towards the levels of 32500.

4:00 PM

Market view: Vinod Nair, Head of Research at Geojit Financial Services

The market continued its downward rally amid lingering concerns over the weakening rupee, global interest rate hikes and tightening lockdowns in China. The relentless rise in the US dollar index owing to interest rate hikes and rising US treasury yield hammered investor's risk appetite. Strong US jobs data indicated possibilities of faster rate hikes forcing investors to opt for safe-haven assets.

3:52 PM

Closing bell: Over 2,400 stocks declined whereas 1,047 stocks advanced

3:49 PM

Closing bell: RIL, Nestle, Hero Moto top Nifty 50 losers

3:46 PM

Closing bell: Power Grid, HCL Tech, Infosys top Nifty 50 gainers

3:42 PM

Closing bell: Broader markets tepid; India Vix shoots over 3%

3:41 PM

Closing bell: Nifty Energy worst sectoral performer

3:39 PM

Closing bell: Barring Nifty IT, all sectors drown in red

3:36 PM

Closing bell: 14 out of 30 Sensex stocks close in positive zone

3:34 PM

Closing bell: Sensex sheds over 300 points

3:33 PM

Closing bell: Nifty 50 closes in red, sinks below 16,350

3:26 PM

As LIC IPO nears to close, foreign investors steer clear over market risk

With just hours to go until end of the subscription period for the $2.7 billion initial public offering of LIC, foreign institutional funds have put in orders for merely 8% of the shares. READ MORE HERE

3:22 PM

India's 10-year bond yield cools off from day's high

3:16 PM

PSU banks bleed; Canara Bank sinks over 7%

3:06 PM

IT stocks gain momentum; HCL Tech spurts over 2%

2:54 PM

MARKET CHECK: Sensex erases day's most losses in fag hours

chart

2:52 PM

18 Sensex stocks move positively; Power Grid hits 52-week high

2:41 PM

New-age tech stocks down in the dumps; Zomato hits all-time low

2:35 PM

Glenmark Pharma gets US FDA nod for generic psoriasis foam; stock up 1%

Glenmark Pharmaceuticals on Monday said its US-based arm has received tentative approval from the US health regulator for its generic Calcipotriene and Betamethasone Dipropionate foam used to treat psoriasis.Read here

2:24 PM

L&T Infotech, Mindtree slide up to 5% after merger announcement

Shareholders of Mindtree will receive 73 shares of LTI in exchange for 100 shares in the former. READ MORE HERE

2:19 PM

ALERT: Russia says peace talks with Ukraine not stalled, being held remotely

2:12 PM

Nifty Media slips over 3%; Network18 at bottom of the heap

2:06 PM

European markets edge lower in trade

1:53 PM

WATCH BS IN FOCUS: What should investors look out for in Q4 FY22 corporate earnings?

What do the Q4FY22 results so far have to say about the state of play in India Inc? Going ahead, what can investors expect in terms of corporate earnings growth of mid-cap and small-cap stocks? WATCH

1:42 PM

LIC IPO: QIB portion including banks, MFs fully subscribed on last day

Against 3,95,31,236 reserved, 4,61,62,185 bids were received, reflecting a subscription of 1.17 times, according to data posted on stock exchanges at 12 noon. READ MORE

1:35 PM

What's the future of Future Group stocks? Here's what technical charts say

Market participants should avoid bottom fishing at the these counters and wait for a fresh trend to emerge. READ MORE

1:26 PM

BSE 500:: Volume Shockers

DCB Bank and P&G Health recorded unusually high volume in trades so far. Rossari Biotech, Team Lease Services and Navin Fluorine were some of the other prominent stocks to witness unusually high volume in trades today.

1:15 PM

Dollar hits 20-yr-high amid rising US rates, Ukraine war, China's lockdown

The dollar's gains were set against sliding stockmarkets and sent it ahead against other havens, commodity currencies and emerging market currencies alike. READ MORE

1:07 PM

Tata Power dips 9% on heavy volumes post March quarter results

The company received approval for merger of Coastal Gujarat Power Limited (CGPL) into Tata Power and signed binding agreement for investment in India's most comprehensive renewable energy platform. READ MORE

The latest amendments to the Electricity Act, 2003 seek to abolish power “distribution licence” and allow any company to supply electricity in an area

12:54 PM

BSE 500:: Stocks recovering smartly from the lows of the day

Can Fin Homes zoomed nearly 11 per cent from the lows of the day. TTML, Ceat, Indus Towers and JK Tyre too have gained significantly from their respective lows of the day.