Sensex sheds 867pts, Nifty 272pts; IT, financials crack; ITC bucks trend
The Midcap and Smallcap indices declined over 2 per cent each; The breadth too favoured the bears in 3:1 ratio.
9:18 AM
Opening bell: Only 2 out of 30 Sensex stocks hold gains
9:17 AM
Opening bell: Over 900 points downfall for Sensex
9:16 AM
Opening bell: Nifty 50 opens below 16,450 levels
9:10 AM
Pre-open session: Barring RIL, all Sensex counters drown in red
9:06 AM
Pre-open session: Sensex sheds over 1,000 points
9:05 AM
Pre-open session: Nifty 50 sinks below 16,400 levels
9:02 AM
ALERT: Rupee opens 36 paise weaker at 76.62 against dollar
9:00 AM
Global policy tightening: Bank of England hikes rates to 13-yr high, warns of rising recession risk
The Bank of England sent a stark warning that Britain risks a double-whammy of a recession and inflation above 10 per cent as it raised interest rates on Thursday to their highest since 2009, hiking by quarter of a percentage point to 1 per cent. Read here
8:55 AM
WATCH BS SPECIAL: Should investors rejig portfolio in a rising interest rate regime?
As most global central banks embark on a rate hike cycle to battle inflation, analysts expect markets to remain choppy. Here's a report on where to invest in a rising interest rate regime. WATCH
8:52 AM
Stocks on investors' watch today: RIL, TVS Motor, CEAT, Adani Power, Wipro, Canara Bank
Shares of Reliance Industries, Canara Bank, Sundaram-Clayton, Tata Power Company, CSB Bank, Federal Bank will be in focus ahead of their Q4 results. Read more
8:50 AM
Delhivery's Rs 5,235-cr IPO to open on May 11; price band set at Rs 462-487
Logistics start-up Delhivery’s Rs 5,235-crore initial public offering (IPO) will open for subscription on Monday, May 11, and the issue will close on May 13. This will be the second-biggest offering so far this year after the Life Insurance Corporation of India (LIC). Read here
Photo: Bloomberg
8:47 AM
F&O Strategy: Nandish Shah recommends a Bull spread on Infosys
The derivative analyst from HDFC Securities recommends buying Infy 1,600 Call and simultaneously selling 1,640 Call for the May expiry. Read more
8:44 AM
LIC IPO fully subscribed on day 2 of opening; offer closes on May 9
State-owned Life Insurance Corporation’s (LIC’s) initial public offering (IPO), the largest-ever in the domestic market, was fully subscribed on Thursday, the second day of the issue. Read here
8:42 AM
DIIs remain positive: Buy shares worth Rs 2,229 crores Thursday
8:41 AM
FIIs selling persistent: Sell shares worth Rs 2,075 crores Thursday
Topics : Sensex MARKET LIVE Markets Nifty Q4 Results Russia Ukraine Conflict stock markets Dalal Street Adani Power Reliance Industries Canara Bank BSE NSE LIC IPO
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First Published: May 06 2022 | 8:16 AM IST