Sensex down 1457pts, Nifty gives up 15800 on global rout, ahead of CPI data
CLOSING BELL: The top laggards were Bajaj Finserv, IndusInd Bank, Bajaj Finance, Hindalco, Tech M, Tata Motors, ICICI Bank, Adani Ports, NTPC, and TCS
8:45 AM
WATCH BS SPECIAL: What are the key global events markets will track this week?
Equity markets snapped their three-week winning streak last week after RBI hiked repo rate to bring down inflation. Delve into the key global events that investors will track this week. WATCH
8:42 AM
CRYPTO VIEW: Selloff seen over the weekend in Bitcoin
An on-going sell-off was seen over the weekend, as BTC traded near the $27,000 level. The crypto Fear and Greed index still showed a sentiment of “extreme fear”; this indicated that most investors were still extremely bearish.
The recent inflation numbers (consumer price index) seen in the US has had a negative effect on most markets.
Most investors will be keenly looking at the US Federal Open Market Committee meeting slated for June 14 and 15th. An interest hike by the Fed is already priced in; however most investors worry that unless inflation numbers start dropping soon, the Fed will likely have to tighten reigns at a faster pace than anticipated.
Views by Darshan Bathija, CEO and Co-Founder of Vauld
Most investors will be keenly looking at the US Federal Open Market Committee meeting slated for June 14 and 15th. An interest hike by the Fed is already priced in; however most investors worry that unless inflation numbers start dropping soon, the Fed will likely have to tighten reigns at a faster pace than anticipated.
Views by Darshan Bathija, CEO and Co-Founder of Vauld
8:39 AM
Rupee closes at record low of 77.84 vs dollar on Friday
source: bloomberg
8:36 AM
SGX Nifty futures plunge 300 pts; Nifty may open below 15,900
source: investing.com
8:34 AM
Oil prices: Brent off earlier highs; trading at $120 a barrel
source: oilprice.com
8:30 AM
US equity futures tank in early deals after huge selloff on Wall Street
source: finance.yahoo.com
8:27 AM
Asian markets trade with steep cuts tracking weak global sentiment
source: finance.yahoo.com
8:23 AM
European indices also plunge Friday as investors digest hawkish ECB
source: Reuters
8:19 AM
US markets slump on Friday as inflation hits 40-year high
source: Reuters
8:10 AM
Good morning readers! Catch all live market updates here with Business Standard
Stay tuned for all the live market action!
Topics : Sensex MARKET LIVE MARKET WRAP Nifty NSE BSE Stock to watch Buzzing stocks Market trends India inflation US Inflation US Fed interest rate Indian markets defence stocks Viacom18 zee M&M Dhanlaxmi Bank Vedanta Maruti Suzuki India
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Jun 13 2022 | 8:16 AM IST