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Stock Market Crash Live Updates: Sensex falls 600 points, Nifty nears 15,400; Hindalco sheds 4%, Tata Ste… – Economic Times


Sensex Today LIVE: Indian shares fell on Wednesday after posting a near 2% jump in the previous session, as investors fretted over rising inflation and aggressive policy tightening by central banks. India’s 10-year benchmark yield was down marginally to 7.41%, from its previous close of 7.48%. Asian stocks fell in volatile trade, failing to extend an overnight Wall Street rally, while the Japanese yen hit a fresh 24-year low against the dollar. Metal stocks declined in India, after a short rebound on Tuesday, with the Nifty Metal index trading 3.2% lower.

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Market LIVE Updates: Five realty stocks that declined the most

Price as on 22 Jun, 2022 01:27 PM, Click on company names for their live prices.

Rupee hits fresh record low of 78.29 vs dollar

BofA Sec slashes Dec-end target for Nifty50 to 14,500 pts from 16,000

ITI, MRPL, Crisil among top gainers on NSE

Price as on 22 Jun, 2022 12:23 PM, Click on company names for their live prices.

Nifty targets for FY23 have been scaled down but are technical indicators indicating a bounceback? Take a look at the valuation picture

Metal worst performing sector, down over 3%

Metal worst performing sector, down over 3%

Jain Irrigation hits 20% upper circuit on merger announcement

Shares of Jain Irrigation Systems hit an upper circuit of 20 per cent during the early trade on Wednesday amid reports of the merger of irrigation business with a subsidiary of Temasek. The company said that its global irrigation business will be merged with Temasek-owned Rivulis in a cash-and-stock deal, a move that will help the company reduce its consolidated debt by Rs 2,700 crore or around 45 per cent.

Delhivery Set to expand its infrastructural footprint in Greater Mumbai and Bangalore. Delhivery is collaborating with Welspun on a 7 Lakh sq ft mega-gateway in Greater Mumbai and with GMR for a 1 Million+ sq ft facility in Bangalore. The Bangalore facility also includes a warehouse for multi-channel order fulfillment for Delhivery’s customers.

Price as on 22 Jun, 2022 11:00 AM, Click on company names for their live prices.

NSDL eyeing to raise Rs 4,500 crore via IPO route

India’s first and biggest depository services company, National Securities Depository (NSDL) is eyeing to raise Rs 4,500 crore through its primary stake sale. NSDL has initiated talks with investment banks to launch an initial public offering (IPO), reported The Mint, citing two sources familiar with the matter. The company managed more than 2.76 crore investor accounts with a demat custody value of Rs 297.55 lakh crore, as of May 31, 2022. It has more than 89 per cent market share in terms of demat asset value.

Market LIVE Updates: Nifty slips below 15,450

Market LIVE Updates: Nifty slips below 15,450

Vodafone Idea, SAIL, ONGC among most active stocks on NSE

Price as on 22 Jun, 2022 09:49 AM, Click on company names for their live prices.

Sensex LIVE Updates: Index falls 500 points

Sensex LIVE Updates: Index falls 500 points

JMC secures new orders of Rs 874 crore

Price as on 22 Jun, 2022 09:22 AM, Click on company names for their live prices.

Pull back rallies can be sharp and it was sharp yesterday. The important question is: will this continue? There is no economic news, except the softness in crude, to sustain the rally. There is no reason for FIIs to change their selling strategy since the dollar continues to be strong and US bond yields are attractive and expected to rise further. The large-caps which bounced back sharply yesterday are fundamentally strong stocks. Therefore, the best investment strategy now should be to buy these high-quality names in small quantities, on dips.

– Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services

Sector Watch: All sectors in the red; Metal worst performer

Sector Watch: All sectors in the red; Metal worst performer

OPENING BELL: Sensex falls 400 points, Nifty below 15,550; Hindalco sheds 4%, Tata Steel 2%

OPENING BELL: Sensex falls 400 points, Nifty below 15,550; Hindalco sheds 4%, Tata Steel 2%

Asian stocks stumble as Wall Street optimism peters out

Asian stocks slipped in volatile trade on Wednesday, failing to extend Wall Street’s rally as persistent worries about interest rates and inflation remained a key focus for investors, while the Japanese yen hit a fresh 24-year low against the dollar.

SGX Nifty signals a negative start

Nifty futures on the Singapore Exchange traded 33.5 points, or 0.21 per cent, lower at 15,589, signaling that Dalal Street was headed for a negative start on Wednesday.

Q4 results today

HMT, New Light Apparels and Wanbury are among companies which will announce their quarterly earnings today.

Tech View: Nifty50 forms bullish candle; further upside possible

Nifty50 on Tuesday climbed nearly 2 per cent and formed a bullish candle on the daily chart. But Tuesday’s gap up opening helped the index surpass the hurdle and has entered the resistance zone of 15,670-15,700. While analysts see chances of more upside ahead, any such upside will be capped in the 15,700-850 range, they said.

Oil prices slide as Biden pushes for US fuel cost cuts

Oil prices skidded in early trade on Wednesday amid a push by U.S. President Joe Biden to bring down soaring fuel costs, including pressure on major U.S. firms to help ease the pain for drivers during the country’s peak summer demand. U.S. West Texas Intermediate (WTI) crude futures fell $1.34, or 1,2%, to $108.18 a barrel at 0031 GMT, while Brent crude futures dropped $1.33, or 1.2%, to $113.32 a barrel.

Tokyo stocks open higher on US rebound

Tokyo stocks opened higher on Wednesday as investors took heart from a strong bounce back on Wall Street following last week’s rout over inflation fears. The benchmark Nikkei 225 index was up 0.67 percent, or 175.54 points, at 26,421.85 in early trade, while the broader Topix index was up 0.70 percent, or 13.07 points, at 1,869.27.

US stocks gain over 2% in broad rebound

Wall Street’s major indexes jumped over 2% on Tuesday as investors scooped up shares of megacap growth and energy companies after the stock market swooned last week on worries over a global economic downturn. The Dow Jones Industrial Average rose 641.47 points, or 2.15%, to 30,530.25, and the S&P 500 gained 89.95 points, or 2.45%, at 3,764.79. The Nasdaq Composite added 270.95 points, or 2.51%, at 11,069.30.

Rupee drops 15 paise to 78.13 against US dollar

Snapping its three-day rising streak, the rupee declined 15 paise to close at 78.13 against the US dollar on Tuesday as persistent foreign fund outflows and a jump in crude oil prices weighed on investor sentiment.

Sensex, Nifty on Tuesday

The BSE barometer Sensex rose 934.23 points or 1.81 per cent to close at the 52,532 level, while the Nifty50 closed above the 15,600 mark to post their best session in three weeks.

Good morning, dear reader! Here’s something to kickstart your trading day

Good morning, dear reader! Here's something to kickstart your trading day





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