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

8:51 AM

Russia-Ukraine crisis :: Breaking now

>> Justice and truth on Russia's side, says Putin

>> Putin also says Moscow's response will be "instant" if anyone tries to take on Russia.

 

>> The Russian president also says his country's actions are self-defence and tells Ukraine’s military their fathers and grandfathers did not fight so they could help neo-Nazis.

Source: BBC

8:48 AM

Russia-Ukraine crisis :: US Futures slide further

Source: Markets Insider

8:46 AM

Russia-Ukraine crisis :: India at UN's emergency meeting

>> The situation is in danger of spiraling into a major crisis

>> It may well undermine peace & security of the region if not handled carefully

>> We believe solution lies in sustained diplomatic dialogue

8:43 AM

NEWS ALERT | Reports of blasts in Ukrainian cities

8:41 AM

Russia-Ukraine crisis :: SGX Nifty in free fall

>> SGX Nifty at 16,723 now, over 350 points from yesterday's spot close

8:39 AM

Russia-Ukraine crisis

>> Putin says foreign powers that intervene in Ukraine conflict will witness consequences they have not seen before

>> Blasts heard in Kyiv, Kramatorsk

8:38 AM

Asian markets react to Russia-Ukraine situation

Source: Reuters

8:34 AM

Russia-Ukraine crisis :: War inevitable, says Putin

8:32 AM

Russia-Ukraine crisis :: Putin says Russian military action is to 'demilitarize' Ukraine

>> Putin says Ukrainian troops should give up their weapons and 'go home'

>> Putin decides to conduct special operation in Donbas

Source: Agencies

8:26 AM

BREAKING NEWS: Putin orders Military operation in Ukraine

8:25 AM

333 stocks from S&P BSE500 shed 20% or more, enter bear territory

Most stocks have fallen far more than the headline index number would suggest. A bear market is one in which an index has fallen 20 per cent or more. The S&P BSE Sensex is down 8.1 per cent from its 52-week high. The broader S&P BSE 500 has fallen 9.4 per cent. The majority of its constituents have done considerably worse. The median stock is down 23.6 per cent FULL STORY HERE

8:24 AM

Rollover stats

NIFTY rolls observed at 56% vs 3 month average at 61%

 

BANKNIFTY rolls observed at 58% vs 3 month average at 57%

 

Market-wide Rolls are at 77% vs 3 month average at 76%

(Source: Dolat Research)

8:23 AM

Oil prices continue to sting; Brent above $98 a barrel mark

source: oilprice.com

8:22 AM

COMMODITY VIEW :: Gold trading at Rs 50,180 per 10 gm today; silver is at Rs 64,300/kg

Ten gram of 24-carat gold is selling at Rs 50,180 on Thursday, down Rs 280 since the last trade as demand dips for the safe-haven bullion.

 

Gold of 22 carat is selling at Rs 46,000, down Rs 250 from Wednesday according to the Goodreturns website. One kg of silver is selling at Rs 64,300, down Rs 100 from the last trade. READ MORE HERE

8:21 AM

Wall Street drops as Ukraine worries intensify; Dow falls 300 points

US stocks were sharply lower on Wednesday afternoon as Ukraine declared a state of emergency and the West unveiled more sanctions against Russia over its move into eastern Ukraine.

 

The US State Department said a Russian invasion of Ukraine remains potentially imminent, adding that Washington has not seen any indication of Russians backing away. FULL STORY HERE