Stock market live updates: As of 7:45 am, the SGX Nifty stood at 17,208 levels, up 28-odd points

bear market, sensex, nifty, loss, growth, investment

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	<strong>Stock Market Highlights: </strong>The key benchmark indices wilted under selling pressure yet again with IT, auto, power and realty shares taking a knock. The NSE Nifty 50 dipped below the 17,000-mark in intra-day deals for the first time since October 13, 2022.</div>
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	The Nifty hit a low of 16,987, before settling with a loss of 111 points at 17,043 on Tuesday.</div>
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	The S&P BSE Sensex dropped to a low of 57,721, and finished 338 points lower at 57,900. In the process, the BSE benchmark index has shed 2,448 points in the last four trading sessions.</div>
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	<strong>Also read: <a href="https://www.business-standard.com/article/markets/can-a-fed-rate-hike-pause-trigger-a-rally-in-global-equity-markets-123031400497_1.html" target="_blank">Can a Fed rate hike pause trigger a rally in global equity markets?</a></strong></div>
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	Mahindra & Mahindra was the top loser among the Sensex 30 shares, down almost 3 per cent. TCS, Bajaj Finance, Kotak Bank, Wipro, Tech Mahindra, Tata Motors, Asian Paints, HCL Technologies, ITC, Bajaj Finserv and NTPC were the other major losers, down 1 &ndash; 2 per cent each.</div>
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	On the other hand, Titan, Bharti Airtel and Larsen & Toubro were few of the notable gainers.</div>
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	Shares of Adani Group ended on a weak note today. Adani Enterprises plunged over 7 per cent. Adani Power, Adani Transmission, Adani Wilmar, NTDB and Adani Total Gas were locked at the 5 per cent lower circuit. Adani Ports and Ambuja Cements were down around 4 per cent each.</div>
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Sensex-Nifty Live Updates: As of 7:45 am, the SGX Nifty stood at 17,208 levels, up 28-odd points

Stock Market LIVE Updates: Nifty, Sensex, FII, DII, Crude oil, Inflation, Rupee

Business Standard

Stock Market LIVE Updates: Nifty, Sensex, FII, DII, Crude oil, Inflation, Rupee | News on Markets - Business Standard

ALERT :: US Fed to release review of its supervision of SVB by May 1

SGX Nifty suggests a positive start to trade

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Asia-Pacific markets bleed: Nikkei 225 skids 2%

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US markets mixed overnight amid the SVB fallout

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Good morning readers! Catch all live market updates here with Business Standard

Catch all live market updates here with Business Standard

Rupee Closing :: Rupee ends at 82.49/$ vs Monday’s close of 82.12/$

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BSE stats :: Market breadth negative amid global weakness; M-Cap slips to Rs 256.5 trillion

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Broader markets bleed with SMallCap index sliding 0.8%

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Sectoral trends :: PSU banks, IT lead broad-based fall; Pharma, Media indices eke out tepid gains

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Sensex Heatmap :: Volatile session ends with just 7 gainers on the index

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CLOSING BELL :: Sensex's decline continues on contagion fears amid SVB crisis

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Nifty Pharma index hits 2-year low; Cipla, Divis, Laurus Labs at 52-week lows

Analysts said the pace of US FDA inspections has again picked-up in the last few months post Covid, and they have seen increased incidents with 483 observations and adverse outcomes. <a href="https://www.business-standard.com/article/markets/nifty-pharma-index-hits-2-year-low-cipla-divis-laurus-at-52-week-lows-123031400587_1.html?1678784275" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="pharma" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-10/08/full/1633636355-5548.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="pharma" width="620" /></div>
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Sona Comstar up 8% as institutional investors buy Blackstone's 20.5% stake

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	Marquee investors like the Government of Singapore, Fidelity, FMR, ICICI Prudential Life Insurance and HDFC MF bought shares from Blackstone in the bulk deal.&nbsp;<a href="https://www.business-standard.com/article/markets/sona-comstar-up-8-as-institutional-investors-buy-blackstone-s-20-5-stake-123031400491_1.html?1678779774" target="_blank"><strong>READ</strong><br />
	<img alt="Sona Comstar" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-08/17/full/1660748273-861.jpg?im=Resize,width=640" /></a></div>

Can a Fed rate hike pause trigger a rally in global equity markets?

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	The US Federal Reserve (US Fed) is likely to go slow &ndash; if not pause &ndash; its rate hiking cycle over the next few months, especially after the collapse of Silicon Valley Bank (SVB) and Signature Bank, said analysts, who expect the move to trigger a relief rally in global equity markets. <a href="https://www.business-standard.com/article/markets/can-a-fed-rate-hike-pause-trigger-a-rally-in-global-equity-markets-123031400497_1.html" target="_blank"><strong>READ</strong></a></div>
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	<img alt="stock market, markets, fpi, fdi, trading, nse, bse, sensex, nifty, rally, coronavirus, covid, lockdown" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-01/12/full/1610473664-67.jpg?im=Resize,width=640" /></div>

At 3.85%, India's wholesale inflation falls to lowest since January 2021

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	Earlier on Monday, the government data showed that the Consumer Price Index (CPI)-based inflation was at 6.44% in February. <a href="https://www.business-standard.com/article/economy-policy/at-3-85-india-s-wholesale-inflation-falls-to-lowest-since-january-2021-123031400425_1.html" target="_blank"><strong>READ</strong><br />
	<img alt="cpi, wpi, inflation, retail, food, prices, vegetables, markets, shops" src="https://bsmedia.business-standard.com/_media/bs/img/article/2020-08/14/full/1597345167-5331.jpg?im=Resize,width=640" /></a></div>

Stock Watch :: Infosys hits five-month low

Analysts at Nirmal Bang Securities believe there is a lot of divergence in views on FY24. &ldquo;We are assuming a low-mid single-digit growth from both lower volume as well as some price compression whereas consensus is building in a high single digit growth implying a soft landing in the US,&rdquo; the brokerage firm said in December quarter result update. <a href="https://www.business-standard.com/article/markets/infosys-hits-five-month-low-stock-down-10-in-one-month-123031400354_1.html?1678775422" target="_blank"><strong>READ MORE</strong></a><br />
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&gt;&gt; <strong>S&amp;P BSE SENSEX:</strong> 57,894.81 level, down 343.04 points 0.59%<br />
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&gt;&gt; <strong>NIFTY50</strong>: 17,050.90 level, down 103.40 points or 0.6%<br />
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&gt;&gt; <strong>S&amp;P BSE MidCap</strong>: 24,034.78 level, down 134.96 points or 0.56%<br />
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&gt;&gt; <strong>S&amp;P BSE SmallCap:</strong> 27,136.67 level, down 235.28 points or 0.86%

'Debt returns are offering competition to equities'

On the earnings side, the macro drivers are positive. We expect the earnings growth to continue, says SBI Mutual Fund CIO R Srinivasan <a href="https://www.business-standard.com/article/markets/cio-round-table-debt-returns-are-offering-competition-to-equities-123030300877_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-07/22/full/1658428573-9762.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="" width="620" /></div>
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Bias turns positive; Gold may rally towards Rs 58,700, Silver Rs 70,000

The MCX Gold and Silver futures have rallied smartly in the last few trading sessions, and in the process the trend has turned positive as the precious metals conquered some of the near-term hurdles. These are the key levels to be watched-out for going ahead. <a href="https://www.business-standard.com/article/markets/bias-turns-positive-gold-may-rally-to-rs-58-700-silver-rs-70-000-123031400228_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2023-02/12/full/1676201662-8861.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="" width="620" /></div>
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Bajaj Finance declines for fifth straight session, sheds 6% in one week

According to analysts at Ambit Capital, Bajaj Finance&rsquo;s one-year forward valuation implies 25 per cent assets under management (AUM) growth with around 20 per cent RoE over the next decade. Despite superior technology/analytics/ processes/distribution, it&rsquo;s a tall task. No Indian lender has grown at 20 per cent for 2 decades. <a href="https://www.business-standard.com/article/markets/bajaj-finance-trades-lower-for-fifth-straight-day-down-6-in-one-week-123031400189_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-07/27/full/1658917862-0655.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="" width="620" /></div>
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Broader market check :: MidCaps under pressure, index down 0.3%

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Sectoral trends :: IT, Pharma indices lead, Auto index lags

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Sensex Heatmap :: Advances outnumber declines; L&T, Infy, Titan lead

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Opening Bell :: Sensex starts mildly in red

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Pre-Open Session :: Sensex down less than 100 pts

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Rupee check :: INR opens lower at 82.27/$ vs Monday's close of 82.12/$

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Stocks to watch: Lupin, GAIL, PNB Housing, Shriram Finance, Axita Cotton

Stocks to watch today: From Lupin to Gail (India), here are stocks to watch out in Tuesday&#39;s trading session. <a href="https://www.business-standard.com/article/markets/stocks-to-watch-lupin-gail-pnb-housing-shriram-finance-axita-cotton-123031400095_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="RoE stocks" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-11/08/full/1667930235-4251.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="RoE stocks" width="620" /></div>
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To protect investors&rsquo; money during events like the Silicon Valley Bank collapse, govts &amp; central banks across the world have a provision of deposit insurance. How does it work when a bank collapses?&nbsp;<br />
<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="464" scrolling="no" src="https://www.youtube.com/embed/QC0Q24trFDU" title="What is deposit insurance?" width="620"></iframe>

SVB collapse: Large domestic deposits cushion Indian banks, say analysts

With the US Federal Reserve (Fed) embarking upon an interest-rate increase spree to tame inflation, the Street fears that the SVB crisis &mdash; triggered largely due to asset-liability mismatch &mdash; is only the beginning. <a href="https://www.business-standard.com/article/markets/svb-collapse-large-domestic-deposits-cushion-indian-banks-say-analysts-123031300824_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="SVB, Silicon valley bank" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2023-03/10/full/1678439588-4798.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="SVB, Silicon valley bank" width="620" /></div>
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Ravi Nathani recommends to buy IT, FMCG stocks on dips; Avoid metals

With an view to capitalize on a potential technical bounce, the technical analyst advises traders to adopt a buying strategy near the support price. <a href="https://www.business-standard.com/article/markets/ravi-nathani-recommends-to-buy-it-fmcg-stocks-on-dips-avoid-metals-123031400100_1.html?1678761892" target="_blank"><strong>READ MORE</strong></a><br />
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WATCH VIDEO: Is it time to shift focus from equities to debt?

Equity markets continue to remain subdued into 2023. US Fed and the RBI remains data dependent in their resolve to tighten the policy rates. Should investors shift their focus from equities to debt?<br />
<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="464" scrolling="no" src="https://www.youtube.com/embed/a78uSJ-_PBw" title="Is it time to shift focus from equities to debt?" width="620"></iframe>

DIIs bought Rs 1,418 crore worth of equities on March 13

FIIs sold Rs 1,546 crore worth of equities on March 13

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Sensex sheds 338 pts, Nifty ends near 17,050; IT, Adani Group stocks tumble

CLOSING BELL: The BSE benchmark index ended lower for the fourth straight trading session, and has shed 2,448 points during this period.

ALERT :: US Fed to release review of its supervision of SVB by May 1

SGX Nifty suggests a positive start to trade

Asia-Pacific markets bleed: Nikkei 225 skids 2%

US markets mixed overnight amid the SVB fallout

Good morning readers! Catch all live market updates here with Business Standard