Sensex falls 992 pts from day's high, ends 137 pts down; SBI sheds 5%

CLOSING BELL: SBI was the biggest laggard on the index, down nearly 5 per cent, as the lender's Q4 missed Street's estimates

9:28 AM

Opening bell: L&T, NTPC, SBI Life top Nifty 50 losers

9:27 AM

Opening bell: Tata Motors, Apollo Hospitals, Sun Pharma top Nifty 50 gainers

9:23 AM

Opening bell: Broader markets outshine benchmark; India Vix slips below 3%

9:22 AM

Opening bell: Only 5 Sensex stocks sulk in negative territory

9:21 AM

Opening bell: All sectors inch higher; media, metal stocks in demand

9:18 AM

Opening bell: Nifty 50 makes a comeback above 15,950 levels

9:17 AM

Opening bell: Sensex opens higher by over 450 points

9:10 AM

Pre-open session: Barring Dr Reddy's, all Sensex stocks move in green

9:08 AM

Pre-open session: Over 600 points upmove for Sensex

9:07 AM

Pre-open session: Nifty 50 advances above 15,900 levels

9:02 AM

Currency at open: Rupee appreciates by 8 paise, opens 77.34/$

8:59 AM

Options Trading: Vinay Rajani recommends buying Federal Bank Put

The technical analyst from HDFC Securities reommends buying Federal Bank 85 Put with a stop loss at Re 1. Read here

8:57 AM

Stocks on radar today: L&T, Tata Motors, Siemens, Apollo Tyres, HCC, HP Adhesives

Bandhan Bank, BoB, Eicher Motors, Escorts, REC, SBI, Tech Mahindra and UCO Bank are likely to be in focus ahead of Q4 results. Read here

8:55 AM

EXPERT VIEW ON APRIL CPI: Knight Frank India

In the chronology of events leading to high domestic consumer inflation, there were indications that it will continue to peak even for the April 2022 print.

Hence, despite crude oil price cooling off from its peak levels in March, the cascading effect of increase in domestic fuel price is reflecting on the latest consumer inflation number.

Besides, food inflation is also at an elevated level in the country and globally, which is a concern for the domestic economy.

The recent price moderation in crude and some commodities as a fallout of tightening liquidity and increased credit costs is expected to play a role in inflation moderation in the near term.

This should also lend comfort to the RBI to maintain a status quo on policy rate in the upcoming Monetary Policy Committee meeting. 

 

The real estate sector has been constrained with increased construction costs, however strong consumer enthusiasm for property purchase has ensured that the sector remains on a strong foot at this challenging juncture.

The sooner the geopolitical tension on account of war and trade sanctions ease, better it will get for global economic growth and price stability.

 Views by Vivek Rathi, Director-Research, Knight Frank India

8:50 AM

DIIs on buying spree: Buy shares worth Rs 4,816 crores Thursday