Thursday, January 09, 2025 | 08:33 AM ISTEN Hindi

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

SI Reporter New Delhi

9:05 AM

PRE-OPEN SESSION :: Sensex slumps 1,000 pts

9:03 AM

Oil shock from Ukraine war risks becoming 'nightmare' for India's RBI

The Ukraine war’s impact on global supply chains could force India’s central bank to raise its inflation forecast, but may leave little scope for it to tighten monetary policy amid a deteriorating global growth outlook, according to economists. READ MORE

9:00 AM

Brace for more volatility amid geopolitical crisis, election outcome

It’s also going to be an action-packed week where geopolitical developments will continue to impact how global financial markets perform.

Back home, all eyes will be on the outcome of the assembly election results of five key states – Uttar Pradesh, Punjab, Uttarakhand, Mizoram and Goa – scheduled to be announced on March 10. LISTEN TO THE PODCAST

8:55 AM

Ripple effect: What Russia's invasion of Ukraine means for global finance

The threat to banks

With over US$100 billion of Russian debt in foreign banks, this raises questions about the risks to banks outside Russia – and the potential for a default to kick off a 2008-style liquidity crisis, where banks panic about the state of other banks’ solvency and stop lending to one another. READ MORE

8:51 AM

Nifty to begin below 16,000?

>> SGX Nifty is at 15,807 levels at 8:50 AM, down 437 points

8:49 AM

Markets eye shaky session; here're the top stocks to track today

OMCs: Shares of oil companies will be on radar as brent crude has topped the $130 a barrel mark.

Infrastructure: Capital goods and Infra shares may see some action as the industry department has identified 81 high-impact projects under various infrastructure ministries for the government’s Gati Shakti initiative. These projects will be closely monitored in 2022-23, according to officials. Major industrial corridors of National Industrial Corridor Development Corporation (NICDC), key expressways and highways and the world’s largest broadband project BharatNet will be among the government’s priority. READ MORE