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Sensex Today: Stock Market LIVE Updates: Sensex drops over 650 points, Nifty50 below


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Investment bankers have suggested government the option of deferring LIC IPO for some time: ET Now report

Nifty Metal and Nifty Media bucking weak trend

India VIX jumps 5% to 29.9300

Most Sensex stocks in red; ICICI Bank and Asian Paints among top losers

Most Sensex stocks in red; ICICI Bank and Asian Paints among top losers

Brent crude oil hits $110 a barrel mark

Opening Bell: Sensex drops over 650 points, Nifty50 below 16,600; ICICI Bank, Hero Moto shed 3% each

Pre-open session: Sensex drops nearly 300 pts, Nifty below 16,700

SGX Nifty signals a negative start

Nifty futures on the Singapore Exchange traded 141.5 points, or 0.85 per cent, lower at 16,566.50, signaling that Dalal Street was headed for a negative start on Wednesday.

Tech View: Nifty50 support at 16,356 level

The Nifty50 on Monday closed near day’s high and formed a large bullish candle on the daily chart. The index opened lower but rebounded 437 points to close near the 16,800 level. The index now faces a 200-day moving average of around 16,900. The immediate hurdle for the index is placed around 16,900 level. A close below 16,356 levels shall dissipate the current bullish momentum by resuming the weakness in the index.

Hong Kong shares open with losses

Hong Kong stocks fell in the first few minutes of trade Wednesday morning following another sell-off on Wall Street fuelled by growing fears over the Russian invasion of Ukraine, and as the city battles a Covid-19 outbreak. The Hang Seng Index slipped 0.85 percent or 193.35 points, to 22,568.36. The Shanghai Composite Index lost 0.30 percent or 10.54 points, to 3.478.29, while the Shenzhen Composite Index on China’s second exchange fell 0.50 percent or 11.56 points, to 2,314.69.

Japan stocks open lower extending US falls on Ukraine

Tokyo stocks opened lower on Wednesday, extending falls on Wall Street on worries about the worsening toll of the Russian attack on Ukraine. The benchmark Nikkei 225 index was down 1.23 percent or 329.94 points at 26,514.78 in early trade, while the broader Topix index fell 1.20 percent or 22.72 points to 1,874.45. The dollar fetched 114.80 yen in early Asian trade, against 114.90 yen in New York late Tuesday.

Euro testing support as Ukraine crisis looms over growth

The euro was under pressure on Wednesday as intensifying Russian bombardment of Ukraine’s cities and a surging oil price raised investor concerns about a hit to Europe’s economy and growth. The common currency briefly fell below support to touch a 21-month low of $1.1090 overnight, before recovering a bit to trade at $1.1131 early in the Asia session. The U.S. dollar index held at 97.324.

Oil jumps 3% on choked Russian supply as trade finance dries up

Oil prices rose on Wednesday as sanctions on Russian banks following Moscow’s invasion of Ukraine hampered trade finance for crude shipments and some traders opted to avoid Russian supplies in an already tight market. Brent crude futures climbed $3.55, or 3.4%, to $108.52 a barrel at 0135 GMT, scaling highs not seen since July 2014. U.S. West Texas Intermediate (WTI) crude futures were up $3.75, or 3.6%, to $107.16, after peaking at $107.55 in early trade, the highest since July 28, 2014.

US stocks fall as Russia-Ukraine war intensifies

US stocks fell as soaring oil prices raised more concerns about how Russia’s escalating war on Ukraine may impact the global economy. Nervous investors again poured money into ultra-safe U.S. government bonds. The S&P 500 index fell 1.5%. The Dow Jones Industrial Average fell 1.8% and the Nasdaq composite slid 1.6%. The declines add to the market’s losses after a two-month skid to start the year.

Sensex, Nifty to resume trade after public holiday

India’s currency, debt and equity markets will resume trade after remaining shut on on Tuesday, March 1, for a holiday. The NSE Nifty 50 index closed 0.81% higher at 16,793.90 on Monday, while the S&P BSE Sensex was up 0.70% to 56,247.28. The 10-year benchmark bond yield ended at 6.770% on Monday, while the rupee settled at 75.34 to the dollar. (Bengaluru Newsroom)

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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