HDFC twins, HUL lift Sensex 237 pts; SmallCap index dips 3%; Metals plunge

CLOSING BELL: This was the first gain for benchmark indices in seven days

11:30 AM

US likely to fall into recession as Fed Reserve raised rate hike: Nomura

Nomura warns that financial conditions will tighten further, consumers sentiment is souring, energy and food supply distortions have worsened and the global growth outlook has deteriorated. READ HERE

11:20 AM

Rupee rises 12 paise to 77.93 against dollar as crude oil prices ease

The rupee strengthened by 12 paise to 77.93 against the US dollar in opening trade on Monday as easing crude oil prices supported the local unit. READ HERE

11:12 AM

Sugar stocks down in the dumps; Dwarikesh Sugar slips 5%

11:06 AM

Greenlam surges 11% as board approves Rs 195-cr preferential issue to QIB

The board has approved issuance of up to 6.31 million equity shares to Smiti Holding and Trading Company Private Limited at a price of Rs 309 per share aggregating to Rs 195 crore. READ HERE

11:00 AM

Kohinoor Foods, KPI Green among stocks that hit 52-week high

10:52 AM

Paint stocks inch up as crude oil prices cool off

10:42 AM

Cost turbulence continues to weigh on airline stocks

10:35 AM

Oil firms bet on green hydrogen as future of energy; plan to invest billion

After years of dabbling, major oil companies are finally planning the kind of large-scale investments that would make green hydrogen a serious business. READ HERE

10:30 AM

FMCG stocks crunchy in trade; HUL spurts 3%

10:23 AM

Crude Oil slumps 6%; ONGC, Oil India, Adani Total tumble up to 17%

Oil prices tumbled about 5 per cent to a three-week low on Friday, as investors feared that interest rate hikes from major central banks could slow the global economy and cut demand for energy. READ HERE

10:16 AM

Air India prepares one of the largest aircraft deals in aviation history

Air India is looking to buy as many as 300 jets, which may be Airbus SE's A320neo family jets or Boeing Co.'s 737 Max models, or a mix of both. READ HERE

10:10 AM

DII inflows, valuations silver lining in current down cycle, say analysts

Experts remain sanguine on the domestic markets' ability to turn around and believe robust domestic inflows, strong economic indicators, and cheap valuations will strengthen the markets. READ HERE

10:03 AM

'Bitcoin likely to bottom between $15K-$18K levels'

Bitcoin and the crypto markets plummeted to new lows in recent years as the overall global markets declined. BTC fell by over 20% in the last week alone, dropping below $18,000, a new low in over 1.5 years before recovering back marginally. The monthly chart for Bitcoin is moving within an ascending channel pattern, but is on the verge of a breakout from the support levels. The monthly RSI continued to drop after it hit an all time low, a few days back. The BTC trend broke the previous resistance of $19,000 and could bottom out between $15K and $18K levels. The next support for Bitcoin is expected at $14,000.

Views expressed by WazirX

9:56 AM

Nifty Metal tanks 3%; Tata Steel, Vedanta hit 52-week low

9:52 AM

Adani Wilmar sheds nearly 5% after firm slashes edible oil prices