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Sensex today: Stock Market Crash LIVE Updates: Sensex dives 1,500 points on global


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Market LIVE Updates: These stocks defy market mood to rally up to 8%

Price as on 13 Jun, 2022 12:23 PM, Click on company names for their live prices.

Jeweller Rajesh Exports has agreed to invest $3 billion in India’s southern Telangana state to set up the country’s first electronic-display plant, the state government said late on Sunday; stock up 7%

Price as on 13 Jun, 2022 11:55 AM, Click on company names for their live prices.

Investor wealth tumbles over Rs 5.47 lakh cr in early trade

Equity investors became poorer by over Rs 5.47 lakh crore in early trade on Monday amid an extremely weak trend in the broader market with the Sensex plunging over 1,500 points. The 30-share BSE benchmark tanked 1,568.46 points to 52,734.98 in early trade. The broader NSE Nifty slumped 451.9 points to 15,749.90.

Market View: Current uncertain times are best to lap up such quality stocks

We recommend investors to see the big picture, it is true that inflation is going to stay for a while and affect the profits of corporate India, but in the medium to long term, there are many companies with good fundamentals, robust financials, and competitive advantages that are going to perform well. Further, India is better placed than its peers with respect to growth factors and the ability to fight the current inflation. Thus, the current uncertain times are best to lap up such quality stocks and investors can use the buy on dips strategy, however, in the near term, the markets are going to be volatile.

— Santosh Meena, Head of Research, Swastika Investmart

Biggest risk for the market right now is DII selling, this could happen in FD rates go up to 8-9%

– Ajay Srivastava of Dimensions Corporate Finance Services

Nifty50 stocks that hit new 52-week lows amid stock market crash

Nifty50 stocks that hit new 52-week lows amid stock market crash

NCLAT dismisses Amazon’s appeal against suspension of transaction with Future Group

The National Company Law Appellate Tribunal (NCLAT) dismissed Amazon’s appeal against suspension of transaction with Future Group and upheld Rs 200 crore penalty imposed by CCI. It has directed Amazon to pay the amount within 45 days. Amazon can challenge the NCLAT order in the Supreme Court.

BSE Bankex worst sectoral performer, tanks over 3%

  • All index constituents in the red
  • ICICI, Kotak and HDFC Bank top drags
BSE Bankex worst sectoral performer, tanks over 3%

Market LIVE Updates: Nifty extends slide, nears 15,750 mark

Market LIVE Updates: Nifty extends slide, nears 15,750 mark

​Tracking dismal cues from the global markets amid a surge in the US headline inflation, the Nifty has fallen back near the 15670-15750 support zone. This is a critical support area for the index, as it has held firmly for the past three months. A break and sustainability below this zone would open the door for an extension of the decline towards 15000 levels. On the upside, 16000 now becomes the immediate resistance for the Nifty.

– Abhishek Chinchalkar, CMT Charterholder & Head of Education, FYERS

Market LIVE Updates: LIC tumbles 4% as anchor lock-in ends

Shares of Life Insurance Corporation (LIC) of India fell for the tenth straight session on Monday. The 30-day lock-in for anchor investors ended today and the stock is now down over 28 per cent as against its issue price of Rs 949. Anchor investors, who collectively bought nearly 59.3 million shares a day before the IPO opened for subscription at Rs 949 apiece, can sell their shares in the open market from Monday.

10-year bond yields hits over 3-year high

  • The benchmark 10-year bond yield was trading at 7.60%, its highest since Feb. 28, 2019. Yield had ended at 7.52% on Friday.

The near-term market trend is weak. The May US inflation print at 8.6% against the market expectation of 8.3% is likely to turn the Fed more hawkish with a series of 50 bp rate hikes taking the terminal rate by mid 2023 above 3.5%. Such a scenario would be negative for risky assets like equity, particularly in the context of declining global growth. The Indian market will stabilize only when the US market stabilises. Therefore, investors may wait and watch till clarity emerges on the market trend. One silver lining is the 7.1% increase in IIP which indicates that the Indian economy is doing well. Therefore, long-term investors can use the dips in the market to buy high quality economy-facing stocks like capital goods, banking, telecom and export segments.

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

Voda Idea, RBL Bank, YES Bank among most active stocks on NSE

Price as on 13 Jun, 2022 09:33 AM, Click on company names for their live prices.

Sea of red….

Sea of red....

Sensex Heatmap: Only 2 index stocks trade on positive note

Sensex Heatmap: Only 2 index stocks trade on positive note

OPENING BELL: Sensex dives 1,300 points on global selloff, Nifty below 15,850; RBL Bank plunges 10%

OPENING BELL: Sensex dives 1,300 points on global selloff, Nifty below 15,850; RBL Bank plunges 10%

Weak global sentiments and weak Asian and European currencies have allowed the rupee to open below 78 after RBI ensured it did not cross 77.70. Have to watch RBI as to how it behaves in the next few days. Crude is below 120 which is just a bit of consolation as Chinese demand and recession prospects worry investors. Exporters may sell near to 78.20 as a 40 paise gap up gives that opportunity. Importers need to wait below 78.00 to buy their near-term imports.

– Anil Kumar Bhansali, Head of Treasury, Finrex Treasury Advisors

RECORD LOW | RUPEE DROPS PAST 78 PER DOLLAR FOR FIRST TIME

RECORD LOW | RUPEE DROPS PAST 78 PER DOLLAR FOR FIRST TIME

Asian stocks slump amid risks from US CPI

Asian stocks sank on Monday and bond yields ticked higher, as red-hot U.S. inflation reignited worries about even more aggressive Federal Reserve policy tightening, and a COVID-19 warning from Beijing added to concerns about global growth. Chinese blue chips dropped 0.84%, and Hong Kong’s Hang Seng suffered a 2.9% slide. Japan’s Nikkei slumped 2.78%, and South Korea’s Kospi declined 2.78%.

Yen falls to fresh 20-year low against US dollar

The yen fell to a fresh 20-year low against the dollar on Monday, as red hot U.S. inflation data drove up Treasury yields, diminishing the boost it got from speculation Japanese authorities could intervene to support the currency. The dollar climbed 0.43% on Monday to 135 yen, a 20-year peak, and edging closer to the 2002 high of 135.20.

SGX Nifty signals a gap-down start

Nifty futures on the Singapore Exchange traded 318.5 points, or 1.97 per cent, lower at 15,866.50, signaling that Dalal Street was headed for a negative start on Monday.

Q4 results today

Rainbow Foundations, Aroma Enterprises (India), Corporate Courier & Cargo and Ind-Agiv Commerce are among companies which will announce their quarterly earnings today.

Tech view: 16,000-16,400 expected to be short-term range for Nifty

The bias is likely to remain weak as long as the index remains below 16,400. On the lower end, support is pegged at 16,200; a decisive breakdown below 16,200 may induce selling pressure in the market.

Oil slides on Beijing COVID warning, inflation concerns

Oil prices slipped more than $2 on Monday as a flare-up in COVID-19 cases in Beijing quelled hopes for a rapid pick-up in China’s fuel demand, while worries about global inflation and economic growth further depressed the market. Brent crude futures fell $2.06, or 1.7%, to $119.95 a barrel by 0033 GMT while U.S. West Texas Intermediate crude was at $118.54 a barrel, down $2.13, or 1.8%.

Tokyo shares open lower on inflation worries

Tokyo shares opened down Monday, as global inflation worries escalated on fresh US data and drove down Wall Street, especially high-tech issues. The benchmark Nikkei 225 index fell 2.63 percent, or 731.04 points, to 27,093.25 in morning trade, while the broader Topix index lost 2.05 percent, or 39.86 points, to 1,903.23.

Wall Street suffers biggest weekly loss since January

US stocks posted their biggest weekly percentage declines since January and ended sharply lower on Friday as a steeper-than-expected rise in US consumer prices in May fueled fears of more aggressive interest rate hikes by the Federal Reserve. The Dow Jones Industrial Average fell 880 points, or 2.73%, to 31,392.79; the S&P 500 lost 116.96 points, or 2.91%, to 3,900.86; and the Nasdaq Composite dropped 414.20 points, or 3.52%, to 11,340.02.

Rupee slips 19 paise to 77.93 against US dollar

The rupee tumbled 19 paise to close at a fresh lifetime low of 77.93 against the US dollar on Friday as rising crude oil prices and unabated foreign capital outflows soured sentiment. A sell-off in equity markets and stronger greenback overseas also weighed on the domestic unit.

Sensex, Nifty on Friday

Dragged by a sell-off in IT and bank stocks, the BSE benchmark Sensex cracked 1,016.84 points to close at 54,303.44. Its broader peer, the Nifty 50, settled 276.30 points or 1.68 per cent lower at 16,201.80. The index has logged its worst week in a month.

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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