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Bajaj Healthcare has announced that it has launched Magnesium L-Threonate in Nutraceutical segment.
Price as on 23 Feb, 2022 10:49 AM, Click on company names for their live prices.
BPCL, Hero MotoCorp gain as firms to jointly set up EV charging infrastructure
Price as on 23 Feb, 2022 10:31 AM, Click on company names for their live prices.
If you are waiting for a market fall to invest you will always be kept waiting because at every fall you will feel that it will fall more.
— Basant Maheshwari (@BMTheEquityDesk) 1645536241000
BSE SMALLCAP index rebound 2%
> Here are the gainers and losers from the pack
- The cryptocurrency market was trading higher on Wednesday while investors continued to monitor the escalating tensions on the Russia-Ukraine border.
- All the top digital tokens were in the green, with Terra rallying 10 per cent, followed by an 8 per cent rise in Avalanche. Cardano added 6 per cent and BNB 4 per cent.
- The global crypto market cap jumped about 3 per cent to $1.72 trillion. The total crypto market volume, meanwhile, jumped more than 18 per cent to $82.53 billion.
SIS has been awarded a two-year contract valued at approximately Rs 225 crore to provide security solutions at 18 sites of Mahanadi Coalfields located across India with an option to renew for a further one year period.
Price as on 23 Feb, 2022 09:40 AM, Click on company names for their live prices.
The major impact of the Ukraine crisis in India is the implications of crude at $97. If crude sustains at around these high levels, inflation in India is sure to go up, forcing the RBI to revise its FY 23 inflation target upwards and signal withdrawal from the accommodative monetary stance. This would be negative from the growth and earnings perspective. Higher crude prices are negative for tyre, paints and FMCG segments. Financials, particularly high quality banks, have valuation comfort. IT is likely to exhibit resilience thanks to good earnings visibility.
– Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
Top movers on NSE in early trade
Price as on 23 Feb, 2022 09:19 AM, Click on company names for their live prices.
Sector Watch | All indices in the green, with media, realty counters leading
Heatmap | L&T only loser in Sensex pack
OPENING BELL: Sensex climbs 350 points, Nifty nears 17,200; Kotak Bank, M&M rise 1% each
Pre-open session: Sensex rises 300 pts, Nifty nears 17,200
SGX Nifty signals a positive start
Nifty futures on the Singapore Exchange traded 103 points, or 0.60 per cent, higher at 17,241.50, signaling that Dalal Street was headed for a positive start on Wednesday.
Tech View: Strong Nifty50 support at 16,800 level
The Nifty50 on Tuesday ended lower for the fifth day in a row but saw some recovery intraday from the 200-day simple moving average (SMA). The index formed a bullish candle on the daily chart. Nifty50 has managed to defend the critical support of 16,800 level for the third time since January 25. The level would act as strong support. Read more at:https://economictimes.indiatimes.com/markets/stocks/news/tech-view-nifty50-defends-key-support-forms-bullish-candle/articleshow/89750304.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Asian stocks regroup as investors hold their breath on Ukraine
Asian stocks steadied on Wednesday and demand for safe-havens waned a little as investors regarded Russian troop movements near Ukraine and initial Western sanctions as leaving room to avoid a war, while a rate hike lifted New Zealand’s dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.1 per cent. Japan’s Nikkei was closed for the Emperor’s birthday holiday.
Oil prices fall on hopes Russia sanctions won’t choke supply
Oil prices took a breather on Wednesday after surging to seven-year highs in the previous session as it became clear the first wave of U.S. and European sanctions on Russia for sending troops into eastern Ukraine would not disrupt oil supply. Brent crude fell 13 cents, or 0.1%, to $96.71 a barrel at 0142 GMT, after soaring as high as $99.50 on Tuesday, the highest since Sept. 2014.
US stocks tumble as Biden announces Russia sanctions
Wall Street stocks fell Tuesday after President Joe Biden unveiled fresh sanctions on Moscow. The Dow Jones Industrial Average finished down 1.4 percent, or about 480 points, at 33,596.61. The broad-based S&P 500 dropped 1.0 percent to 4,304.76, while the tech-rich Nasdaq Composite Index slid 1.2 percent to 13,381.52.
Rupee drops 29 paise, ends 5-day winning run
The rupee depreciated by 29 paise to close at 74.84 against the US currency on Tuesday, ending its five-day winning run as crude oil spiked nearly 4 per cent and equities dived after Russia recognised two separatist regions in eastern Ukraine and decided to send soldiers. Forex traders said sustained foreign fund outflows, a lacklustre trend in domestic equities and elevated crude oil prices weighed on investor sentiment.
Sensex, Nifty tumble for 5th straight day on global market rout
Benchmark BSE Sensex plummeted by nearly 383 points in a volatile trade on Tuesday due to losses in index heavyweights amid a massive selloffs in global markets triggered by deepening geopolitical tensions. The 30-share Sensex closed 382.91points, or 0.66 per cent lower, at 57,300.68 points. Nifty closed 114.45 points or 0.67 per cent lower at 17,092.20.