Sensex slides 1,053 pts, Nifty ends below 21,250; ZEE plunges 31%, RIL 2%

Stock market highlights on Tuesday, January 23: The BSE MidCap and SmallCap indices fell nearly 3 per cent each. Sectorally, the Nifty Media index crashed 13 per cent

8:08 AM

Bitcoin slides below $40,000 as crypto ETF met by profit booking

>> Bitcoin, the world’s most popular cryptocurrency, fell decidedly below $40,000 for the first time this year.

>> Bitcoin has fallen 14% since Jan. 10, the day the SEC allowed ETF trading for the cryptocurrency.

>> Ether, which has been outperforming bitcoin, has gained 3% during the same period.

Source: Agencies

8:04 AM

ALERT :: US, UK strike eight Houthi targets over Red Sea shipping attacks

>> The United States and the United Kingdom have carried out a new round of strikes on Houthi targets in Yemen as the Iran-aligned armed group continues to target commercial shipping in the Red Sea.

>> On Monday, the US and UK said they had carried out eight strikes, with support from Australia, Bahrain, Canada and the Netherlands, targeting a Houthi underground storage site as well as missile and surveillance capabilities.

>> The Houthis have said the attacks are in response to Israel’s war in Gaza and to show their support for the Palestinians.

Source: Al Jazeera

8:00 AM

ALERT :: South Korea's producer prices climb at faster rate in December

>> South Korea's producer price index rose 1.2% year on year in December, accelerating from the 0.6% rise in November.

 

>> On a month on month basis, producer prices rose 0.1%, reversing from the 0.4% fall in November.

 

Source: Agencies

7:57 AM

Asian markets :: All but Shanghai Composite march ahead

7:55 AM

Wall Street overnight :: Dow Jones, S&P500 claim all-time highs

7:36 AM

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