CLOSING BELL: Metal stocks including Hindalco, Tata Steel, and JSW Steel were among the worst hit stocks on the bourses as they shed between 3.7 per cent and 5.3 per cent

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		<b>CLOSING BELL</b><br />
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			Domestic stock markets snapped their 5-day winning run as Ukraine-Russia talks reached &quot;crossroads&quot;. From here on, either there will be an agreement or Russia will go on offensive, said Ukraine&#39;s presidential advisor.</div>
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			Against this backdrop, the S&P BSE Sensex tanked sharply lower in the fag-end of the session, sinking 1,302 points from the day&#39;s high and hit a low of 55,419. The index, however, recouped some of the losses and ended at 55,777, down 709 points or 1.26 per cent.</div>
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			On the NSE, Nifty50 bounced back from the day&#39;s low of 16,555 to settle at 16,663, down 208 points or 1.23 per cent.</div>
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			Metal stocks including Hindalco, Tata Steel, and JSW Steel were among the worst hit stocks on the bourses as they shed between 3.7 per cent and 5.3 per cent. ONGC, Coal India, Tech M, Kotak Bank, Infosys, BPCL, and RIL were the other notable losers, down up to 4.7 per cent.</div>
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			On the upside, Tata Consumer Products, M&M, Shree Cement, Cipla, UPL, Maruti Suzuki, and Britannia Industries were the top gainers, up in the range of 1-3.7 per cent.</div>
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			Broader indices, though in the red, outperformed the large-cap indices. The BSE MidCap and SmallCap indices closed 0.68 per cent and 0.88 per cent loser, respectively.</div>
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			Among individual stocks, shares of <strong>Ruchi Soya Industries</strong> surged 18 per cent to Rs 1,140 on the BSE in Tuesday&#39;s intra-day trade, zooming as much as 42 per cent in the past two trading sessions after the company announced plans to launch Rs 4,300-crore follow-on public offering (FPO) next week. <a href="https://www.business-standard.com/article/markets/ruchi-soya-zooms-42-in-two-days-on-rs-4-300-cr-follow-on-public-offer-plan-122031500638_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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			That apart, shares of <strong>JK Paper</strong> hit a new high of Rs 288, up 7.5 per cent on the BSE in Tuesday&#39;s intra-day trade, gaining as much as 33 per cent in the past one week on improved business outlook. <a href="https://www.business-standard.com/article/markets/jk-paper-rallies-29-hits-new-high-on-improved-business-prospects-122031500216_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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			One97 Communications, the parent company of digital payments major <strong>Paytm</strong>, dropped out of the 100-most valued companies list on the BSE as the stock price of the company tanked a whopping 25 per cent in the last two trading sessions. By close, Paytm&#39;s m-cap stood at Rs 38,418 crore. <a href="https://www.business-standard.com/article/markets/paytm-sheds-20-in-2-days-drops-out-of-the-bse-top-100-market-cap-league-122031500332_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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			Among sectors, the BSE Metal index slumped over 4 per cent, followed by the BSE Oil and Gas index (down 2.7 per cent), the BSE IT index (down 2.4 per cent). On the upside, BSE Auto and FMCG indices were the only gainers, adding up to 0.4 per cent.</div>
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			<strong>Global markets</strong></div>
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			European stocks pulled back on Tuesday as global market sentiment was hit by Russia&#39;s ongoing invasion of Ukraine. The pan-European Stoxx 600 fell 1.6 per cent in early trade, with basic resources shedding 3.4 per cent. Germany&#39;s DAX and France&#39;s CAC40, meanwhile, shed 1.75 per cent and 1.8 per cent, respectively.</div>
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			On Wall Street, Dow Jones, S&P500, and Nasdaq Composite Futures fell 0.7 per cent each.</div>
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			Earlier in Asia, MSCI&#39;s broadest index of Asia-Pacific shares outside Japan fell 1.97 per cent, led by pronounced weakness in Chinese stocks. China&#39;s CSI300 slumped 4.5 per cent while Hong Kong&#39;s Hang Seng dropped 5.7 per cent.</div>
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			Japan&#39;s Nikkei was the only Asian index gainer, up 0.15 per cent.</div>
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Sensex snaps 5-day winning run, shed 709 pts; metal, energy stks worst hit

Business Standard

Sensex snaps 5-day winning run, shed 709 pts; metal, energy stks worst hit | News on Markets - Business Standard

Brent crude slips over 5% to $100 a barrel

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NEWS ALERT: UK imposes fresh economic sanctions on Russia

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">BREAKING: UK&#39;s Chancellor says the country will increase tariffs on hundreds of Russian goods</p>&mdash; The Spectator Index (@spectatorindex) <a href="https://twitter.com/spectatorindex/status/1503667060123254789?ref_src=twsrc%5Etfw">March 15, 2022</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Mixed trade for paint stocks as Brent crude cools off to $101 a barrel

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Paper stocks defy market mood; West Coast Paper soars above 6%

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Majority sectors sink in red; FMCG, Auto stocks hold gains

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Ruchi Soya zooms 42% in two days on Rs 4,300 cr follow-on public offer plan

Shares of Ruchi Soya Industries surged 18 per cent to Rs 1,140 on the BSE in Tuesday&rsquo;s intra-day trade, zooming as much as 42 per cent in the past two trading sessions after the company announced plans to launch Rs 4,300-crore follow-on public offering (FPO) next week. <a href="https://www.business-standard.com/article/markets/ruchi-soya-zooms-42-in-two-days-on-rs-4-300-cr-follow-on-public-offer-plan-122031500638_1.html?1647336422" target="_blank"><strong>READ MORE HERE</strong></a><br />
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	<img align="" alt="Ruchi Soya" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2018-08/13/full/1534173958-2882.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="Ruchi Soya" width="620" />
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ALERT: European member state leaders to visit Ukraine

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		Leaders of Poland, Czech Republic and Slovenia travelling to Kyiv on European Union mission to show support for Ukraine, reports AP</p>
	&mdash; Press Trust of India (@PTI_News) <a href="https://twitter.com/PTI_News/status/1503649896087232515?ref_src=twsrc%5Etfw">March 15, 2022</a></blockquote>
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US stock futures extend losses; Dow Jones down over 200 pts

Sensex heatmap: Only 4 out of 30 stocks struggle to stay in green

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Reliance, Infosys tank 3% with major contribution to Sensex's 1000 pts loss

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	The US Fed Chair Speech shall be of utmost importance as traders will be looking out for indications about the pace of future rate hikes.</div>
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	With inflationary pressures building in the US coupled with the Ukraine crisis that is fuelling a rally in commodities, traders are certain the Fed will kick off a tightening cycle and then raise rates at all six subsequent meetings this year.</div>
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	According to the CME&#39;s Fedwatch tool, markets anticipate a 25 basis point rise at this meeting but pricing has risen to indicate a 70% chance of a larger 50 basis point hike at its subsequent meeting in May, due to concerns about inflation.</div>

Market in late deals: Sensex tanks 1,000 points, Nifty below 16,600

NEWS UPDATE: Ukrainian Prez advisor says Russia-Ukraine now at crossroads

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		UKRAINIAN PRESIDENTIAL ADVISER SAYS WE ARE AT A CROSSROADS: EITHER THERE WILL BE AGREEMENT AT TALKS OR RUSSIA WILL GO ON THE OFFENSIVE</p>
	&mdash; First Squawk (@FirstSquawk) <a href="https://twitter.com/FirstSquawk/status/1503650298803331076?ref_src=twsrc%5Etfw">March 15, 2022</a></blockquote>
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		BREAKING: Russia&#39;s Yamal-Europe gas pipeline has suspended flows</p>
	&mdash; The Spectator Index (@spectatorindex) <a href="https://twitter.com/spectatorindex/status/1503638287558529032?ref_src=twsrc%5Etfw">March 15, 2022</a></blockquote>
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Global markets :: Hang Seng sinks nearly 6%

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