MARKETS: Sensex leaps 895 pts from day's low, settles 453 pts up at 46,007
The broader Nifty50, on the other hand, clawed back above the 13,400-mark and closed at 13,466 level, up 138 points or 1.03 per cent
 "Stock gains, Indian market")
8:23 AM
Trading calls by Nilesh Jain of Anand Rathi
SELL NAUKRI | TARGET: Rs 4,250 | STOP LOSS: Rs 4,600
The stock has formed a bearish engulfing candlestick pattern on the daily chart which is considered as a bearish reversal pattern. The momentum indicator RSI has also reversed from its overbought territory and MACD has provided fresh sell crossover which hints of further weakness in the counter. The stock also witnessed built up of a short position on the derivative front. Based on the above rationale we can expect a fresh weakness in the counter. READ MORE
8:20 AM
DIIs' net buy at Rs 486 crore
8:18 AM
Monday Mayhem :: FIIs turn net sellers for the first time in December
8:16 AM
Rupee check
Source: Bloomberg
8:14 AM
Oil slips again on new coronavirus strain
>> Oil prices fell on Tuesday, extending sharp losses overnight, as the rapid spread of a new strain of the novel coronavirus in the United Kingdom prompted several countries to close their borders to British travellers and freight.
>> US West Texas Intermediate (WTI) crude futures dropped 30 cents, or 0.6%, to $47.67 a barrel, while Brent crude futures fell 26 cents, or 0.5%, to $50.65 a barrel.
>> Both benchmark contracts slid nearly 3% on Monday, partly erasing recent strong gains on the back of the rollout of COVID-19 vaccines, seen as key to easing mobility restrictions.
(Source: Reuters)
(Source: Reuters)
8:13 AM
Monday Mayhem :: Investor wealth tumbles Rs 6.59 trn
>> Investor wealth eroded by Rs 6.59 trillion on Monday as equities tanked after the UK reported a new strain of the Covid-19 virus.
>> The 30-share BSE Sensex plunged 1,406.73 points or 3 per cent to close at 45,553.96. The benchmark hit an all-time high of 47,055.69 during the session.
>> Following the sharp selling, the market capitalisation of BSE-listed firms plummeted by Rs 6,59,313.65 crore to Rs 1,78,79,323.05 crore.
8:10 AM
Bulls to come back?
>> At 8:10 am, SGX Nifty was trading 157 points higher at 13,420 levels
8:08 AM
Asian stocks trade in the red
Source: Reuters
8:07 AM
S&P 500 ends lower as Covid-19 worries lightened by stimulus
Source: Reuters
7:59 AM
Track all the latest markets developments here.
>> Indian markets could make a comeback today; SGX NIfty rules over 1% higher
7:58 AM
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First Published: Dec 22 2020 | 7:56 AM IST
