Indices see biggest 1-day fall ever in absolute terms, Sensex dips 1942 pts

All that happened in markets today

2:40 PM

Nifty reclaims 10,450

2:32 PM

Index Contributors at this hour

2:21 PM

MARKET UPDATE:: Marginal recovery in Sensex

2:18 PM

BSE500 stocks that hit 52-week low today

COMPANY	PRICE(rs)	52 WK LOW	CHG(%)
ACC	1245.00	1228.70	-4.32
ADANI PORTS	323.50	317.00	-5.23
ADITYA BIRLA CAP	68.00	66.05	-8.29
ADVANCE. ENZYME.	137.15	132.00	-5.64
ALLAHABAD BANK	9.15	8.96	-14.73

2:15 PM

Black Monday for commodities across the board as crude sheds 31%

The fall was triggered by the crash in global crude following the price war between Russia and Saudi Arabia. Brent fell to $31 a barrel in the morning, down over 30 per cent from Friday’s close after Russia backtracked from the Opec production deal and instead increased production further to make US shale oil production unviable. READ MORE

2:04 PM

Rupee check

2:00 PM

Nifty sectoral indices at this hour

1:50 PM

GLOBAL MARKETS :: Stock-markets in France and Germany plunge by over 7%

>> Spain's IBEX 35 falls by 6.8%

>> UK's FTSE 100 plunges by 8%

>> Norway's stockmarket has fallen by over 12%

1:46 PM

3 reasons why the fall in crude oil prices may not be good news for India

“Indeed, we are reminded of the episode between mid-2014 to early 2016, when oil prices declined significantly, and led to the widening of corporate credit spreads, which impacted the high yield credit space due to its sector composition,” wrote Chetan Ahya, chief economist and global head of economics at Morgan Stanley in a recent co-authored note with Derrick Y Kam, Nora Wassermann and Frank Zhao, their economists. READ MORE

1:44 PM

NEWS ALERT | European stock futures slip 10% as oil tumbles

European futures tumbled 10% on Monday as the launch of a price war between Saudi Arabia and Russia sent oil prices crashing, adding to fears the world was sliding into recession on the back of the coronavirus epidemic. FTSE futures FFIc1 tumbled 9.1%, while German DAX futures FDXc1 were off 9%.

1:38 PM

NEWS ALERT | CBI files FIR against Kapil Wadhwadan and Rana Kapoor: CNBC TV18

-- CBI says Rana Kapoor got into conspiracy with Kapil Wadhwadan: CNBC TV18

1:35 PM

NEWS ALERT | US 10-year treasury yield drops to a new record low of 0.347: CNBC TV18

1:28 PM

NEWS ALERT | Sensex, Nifty set for the biggest single-day fall ever

1:23 PM

NEWS ALERT | Nippon MF moves court against RBI’s decision to write-down YES Bank’s AT1 Capital: CNBC TV18

>> Bombay HC to next hear plea On Wednesday (March 11)

1:20 PM

Banking stocks slide to 13-month low amid fallout from YES Bank crisis

"The main contagion effect would be on the depositor base of private sector banks," Macquarie analyst Suresh Ganapathy said in a note to clients on Monday.

 

Noting the collapse of YES Bank comes close on the heels of a string of other collapses, Ganapathy said it was shaking "depositor confidence in the financial system."  READ MORE