Benchmarks fall 15% from record peak, end at 8-mth low; Sensex dips 1491pts

On the NSE, the Nifty50 index touched an intra-day low of 15,711 before settling at 15,863, down 382 points or 2.35 per cent

2:36 PM

EXPERT VIEW :: Opportunity to load up on quality companies

While we believe volatility will remain in the near term till there is clarity over cessation of this attack, the recent correction gives an opportunity to the long term investors to load up on quality companies with sustainable growth visibility.

In the near term, Metals, IT, Pharma would be the key resilient sectors. On the medium term, we continue to remain constructive on domestic capex linked capital goods and allied  space and PLI oriented domestic manufacturing plays.

Views by: Pankaj Pandey, Head – Research, ICICIdirect

2:30 PM

BSE FMCG index nears 52-week low; Dabur, Godrej Consumer slips up to 9%

Shares of fast moving consumer goods (FMCG) companies continued to reel under pressure with most of the frontline stocks from the sector trading at their respective 52-week lows as operating environment in the near-term is likely to remain challenging due to rising commodity inflation. Read more here

 

 

2:22 PM

Market Check: Sensex deepens losses, down 1,900 points

 

2:09 PM

US futures extend fall; Dow Jones down 550 points

 

2:00 PM

ALERT | Beijing says will make efforts to help resolve Russia-Ukraine conflict

1:46 PM

Sensex may slide to 50,000; Nifty may dip below 15,000, tech charts suggest

Given the current geopolitical events and soaring crude oil prices, here is an outlook for benchmark indices ahead. READ OUTLOOK

1:35 PM

Top losers in the last one-hour among BSE 500

Hitachi Energy, KNR Constructions, Max Financials, Gujarat Alkalies were seen losing ground in the last one-hour of trades.

1:25 PM

Brent tops $130. Fuel hike on cards? Trading strategies for RIL, ONGC, OMCs

Equity markets across Asia traded with significant losses on Monday, amid worries over the duration of the war between Russia and Ukraine and its prolonged impact. Oil prices soared more than 10% in hectic trading on Monday as the risk of a US and European ban on Russian product and delays in Iranian talks triggered what was shaping up as a major stagflationary shock for world markets. Meanwhile, here are trading strategies for oil-related stocks. READ MORE

1:09 PM

Top Gainers in the last one hour among BSE 500 stocks

ONGC, GE Shipping, CEAT, Schaeffler India and Jindal Steel are some of the top gainers in the last one hour of trade.

12:54 PM

JK Cement's foray into paints sentimentally negative in near-term: Analysts

Amid soaring oil prices and likely intensifying competition in the paint business going ahead, analysts are skeptical about the timing of JK Cement’s foray into the segment. READ MORE

12:46 PM

Broadcast resumes normally after prices stopped updating in 2 indices: NSE

The National Stock Exchange (NSE) on Monday said broadcast has resumed normally in Nifty and Bank Nifty indices after the prices had stopped updating in the two indices. READ MORE

12:39 PM

Saudi Arabia raises April crude selling prices to Asia to all-time highs

Saudi Arabia's state oil producer Aramco raised the April official selling prices (OSPs) for crude it sells to Asia by more than $2 a barrel, with some grades hitting all-time highs, as global markets struggled with Russian oil disruption. READ MORE

12:31 PM

Sensex : IT large caps, Bharti Airtel sole gainers

 

12:18 PM

Rupee sinks to record low with stocks as Ukraine crisis boosts oil

The Indian rupee tumbled to a record low along with stocks and bonds as a spike in oil prices spurred by the war in Ukraine threatened to inflate the nation’s oil-import bill and fan inflationary pressures. The rupee declined as much as 1% to 76.9625 per dollar, past its previous low of 76.9088. Benchmark government bond yields rose six basis points to 6.87%. READ MORE

12:01 PM

Investors' wealth tumbles over Rs 5.91 trillion in morning trade

Investors' wealth tumbled over 5.91 lakh crore in morning trade on Monday tracking heavy decline in equities amid intensifying conflict between Russia and Ukraine. Read more