Sensex tanks 2,702pts, ends below 55K; Nifty gives up 16,250; Brent at $105

Closing Bell: Benchmark indices clocked their biggest one-day fall since March 2020 as Russia invaded Ukraine, rattling global markets

11:49 AM

Expert Views on Russia-Ukraine crisis :: Best possible action seems to wait & watch

The economies around the world are still recovering from COVID pandemic and can’t afford the consequences of this war. This is also the reason; we believe that the world leaders would work towards deescalating the situation and avoid a full-blown war through diplomatic channels. But definitely, the risks have gone up, since the military situation typically unfolds very fast. The India VIX has already crossed 30 as the market is expected to swing wildly on both sides reacting to all incoming news. It’s time to be extremely cautious in the markets and the best possible action seems to wait & watch for a clearer picture to emerge.

Views by: Mohit Ralhan, Managing Partner at TIW Capital Group

 

11:45 AM

BSE Sensex wee bit off day's low, still down 1,400 points

11:36 AM

Russia -Ukraine conflict: Brent crude extends rise, crosses $102 a barrel mark

source:oilprice.com

11:30 AM

BREAKING :: Ukraine calls for 'devastating sanctions' on Russia

11:29 AM

Russia-Ukraine crisis :: Breaking now

11:20 AM

Expert Views on Russia-Ukraine crisis :: Will FII buying return?

Post sanctions, if other nations don’t attack Russia, it is Possible, Markets will stabilize in next 3-4 days 

 

God forbid if war happens, it could be a trigger point for FIIs to come back and buy in Indian equities as valuations become attractive. 

 

In either situations, don’t panic.

Views by: Deven Choksey, managing director at KR Choksey Investment Managers

 

11:15 AM

Moody's ups India growth estimates to 9.5% in CY2022 on stronger recovery

Rating agency Moody’s on Thursday revised India’s economic growth estimates in CY2022 upwards to 9.5 per cent from 7 per cent on stronger than expected recovery after lockdown in 2020 and Covid-19's Delta wave in 2021. It maintained a forecast for 5.5 per cent growth in CY2023. READ MORE

Photo: Reuters

11:06 AM

Russia-Ukraine crisis :: Breaking now

11:02 AM

Russia-Ukraine crisis: US stock futures in deep red, Dow Jones down 700 pts

US futures trading with steep losses. 

10:53 AM

Indus Tower slips 14% after 3% equity changes hands on NSE and BSE

A combined 74.4 million equity shares, representing 2.8 per cent of total equity of Indus Tower, had changed hands on the NSE and BSE till 09:52 am. In comparison, the Nifty50 and S&P BSE Sensex were down 3.2 per cent and 3.6 per cent, respectively. READ MORE

10:43 AM

Russian currency Rouble falls sharply against US dollar, hits all time low

Reports said Russian Rouble falls up to 5.77% to record low of 86.1198 per US dollar.

Source: Reuters/ delayed data

10:43 AM

BREAKING :: Air Raid sirens sound off in Kyiv

10:42 AM

Market Check: All Sectoral Indices Drown In Red

Over 3% deep cuts in metals, auto, realty, IT, financial pockets 

10:30 AM

BREAKING :: The Moscow Exchange is suspending trade on all markets

Note::  Russian President Vladimir Putin said he ordered a special military operation to "protect" the Donbas region of eastern Ukraine, citing the need to "demilitarize" the country and accusing the US of crossing Russia’s “red line” by expanding NATO

10:26 AM

Russia-Ukraine conflict: Brent Crude rises 4%, crosses $101 a barrel-mark

Source: oilprice.com