An average 267 stocks hit their 52-week lows every day last week on the BSE as the rout took key benchmark gauges to multi-month lows
Benchmark indices shed over 5% each as investors take money off risky assets amid fears of global recession after US Fed's 75 bps rate hike
CLOSING BELL: Bajaj twins, Coal India, JSW Steel, Apollo Hospitals, ITC, ICICI Bank, RIL, and HDFC Bank were the top Nifty gainers, rising between 0.8 per cent and 3 per cent
Stocks to watch today: Tata Motors UK subsidiary JLR is likely to halt production due to supply disruption and chip crunch; Aviation stocks in focus after jet fuel prices hiked by 16 per cent.
Foreign investors sold shares worth 3,257.65 crore on Thursday, taking their year-to-date selling tally past the Rs 2-trllion mark
In five trading days, the Sensex has dived 3,824.49 points, or 6.91%
CLOSING BELL: The S&P BSE Sensex and the Nifty50 indices hit fresh 52-week lows as they spiraled 2 per cent down
Stocks to watch today: State Bank of India raised their MCLR lending rate by 20 basis points across all tenors; Network18 group firm Viacom18 eyes expansion after it bagged media rights for IPL.
CLOSING BELL: NTPC, Infosys, HUL, Wipro, and RIL slipped over 1 per cent each
Stocks to watch today: SBI and IDBI Bank have raised their interest rates on retail term deposits, subject to different tenors; LIC hiked stake in Hero MotoCorp to 11.2 per cent from 9.1 per cent.
Rate hike fears keep investors on tenterhooks as they await Fed policy
CLOSING BELL: Select IT, metals, and pharma stocks helped the headline indices recover from the day's low
Indian currency performed rather well compared to most Asian peers, which were hammered due to the hotter-than-expected US inflation data
The 30-share BSE benchmark tanked 1,456.74 points, or 2.68%, to settle at 52,846.70 on Monday
Unabated foreign fund outflows and the rupee breaching the 78-mark against the US dollar for the first time ever further soured risk appetite
CLOSING BELL: The top laggards were Bajaj Finserv, IndusInd Bank, Bajaj Finance, Hindalco, Tech M, Tata Motors, ICICI Bank, Adani Ports, NTPC, and TCS
Investors should be prepared for further turmoil
FPIs sell shares worth Rs 4,000 crore; US inflation hits new 4-decade high
Stock market highlights: Over 35 Nifty stocks ended the session in the red with Bajaj Finance, HDFC, Kotak Bank, Hindalco, Wipro, Reliance Industries, Tech M, and Infosys falling between 2.5-4%
The market's confidence has been shaken as persistently elevated levels of commodity prices, and disrupted supply chains continue to be a double whammy for the economy and companies alike.