Sensex falls 571 pts, Nifty ends below 17,150; metals shine, FMCG bleed

About 26 counters ended in the red on the Sensex led by PowerGrid, Ultratech Cement, Asian Paints, HUL, HCL Tech, SBI, IndusInd Bank, Nestle, Bharti Airtel, and Axis Bank

4:09 PM

Technical View: Rupak De, Senior Technical Analyst at LKP Securities

Nifty witnessed a pullback as it failed to sustain above the crucial resistance of 17330. On the lower end it slipped towards the 200DMA. On the daily chart, a bearish engulfing pattern has formed. Going forward, the Nifty may remain volatile as long as it remains below 17330. A decisive move above 17330 may induce a decent rally. On the lower end, crucial support is pegged at 17000.

4:08 PM

Market view: Vinod Nair, Head of Research at Geojit Financial Services

With no significant improvement in the tensions between Russia & Ukraine and uncertainty in Gulf region, crude prices surged leading to a sell-off in the domestic market after the recent rally. FII’s coming back to buying mode is a positive for domestic equities but rise in bulk diesel prices & inflationary pressure is bending the domestic market. Accenture's positive earnings and strong guidance have helped Indian IT companies to be in demand, however, late selloff was witnessed.

4:04 PM

Brent crude climbs nearly 4% to $112 a barrel

4:03 PM

European markets mixed as EU leaders mull Russian oil embargo

4:01 PM

US equity futures trade on a negative note

3:58 PM

NEWS ALERT: Ukrainian President appeals Europe to cease trade ties with Russia

3:55 PM

Rupee weakens 31 paise versus US dollar

3:53 PM

Closing bell: IT stocks slip in red; HCL Tech tanks over 2%

3:46 PM

Closing bell: Over 1,200 stocks declined while 877 advanced

3:42 PM

Closing bell: Nifty FMCG worst sectoral performer; Britannia, Marico bleed over 3%

3:40 PM

Closing bell: Coal India, Hindalco, UPL top gainers of Nifty 50

3:38 PM

Closing bell: Only 4 Sensex stocks close in green

3:36 PM

Closing bell: Broader markets volatile; India Vix rises sharply above 8%

3:35 PM

Closing bell: Media, metal, pharma stocks trade firm

3:33 PM

Closing bell: Nifty 50 closes below 17,200 levels

3:31 PM

Closing bell: Sensex closes in red, down over 550 points

3:26 PM

Closing cues: Sugar stocks defy market mood; Balrampur Chini surges over 4%

3:24 PM

Closing cues: Profit-booking seen in most sectors; Media, Metal stocks gain

3:19 PM

Paint stocks under pressure as Brent crude hovers around $111 a barrel

3:10 PM

JUST IN: Kremlin says Russian oil embargo would hurt Europe

2:58 PM

NEWS ALERT: Egypt raises interest rates by 1%, first since 2017

2:44 PM

Antelopus Energy to buy controlling stake in Selan Exploration; stk up 20%

Shares of Selan Exploration Technology were locked in the 20 per cent upper circuit band at Rs 183.40 on the BSE on Monday after Antelopus Energy agreed to acquire a 21 per cent stake in the oil exploration and production firm at Rs 200 per share. READ MORE HERE

2:32 PM

Govt updates LIC IPO draft papers with Q3 nos; net profit at Rs 235 cr

The government has filed updated draft papers with market regulator Sebi for an initial public offer of LIC, incorporating December quarter financials of the insurance behemoth. Read more here

 

2:23 PM

Airlines under pressure as February domestic air traffic declines 1.7% on-year

Domestic air passenger traffic in February 2022 falls 1.7% YoY to 7.7 million, as per latest data by Directorate General of Civil Aviation. 

 

 

2:11 PM

Oil drilling companies upbeat in trade as oil prices rise again

 

2:08 PM

Ratnamani Metals gains over 2% after new order win

2:03 PM

IndiGo drops 3% as co's February market share declines to 51.3% on-month

IndiGo February market share at 51.3 per cent vs 55.5 per cent in January: DCGA data. Total domestic air passanger traffic slips 1.7 per cent YoY to 7.7 million.

1:54 PM

European markets open lower as EU mulls banning Russian oil

 

1:42 PM

European Union to mull Russian oil embargo with Biden set to join talks

EU governments will take up the discussion among foreign ministers on Monday, before Biden arrives in Brussels on Thursday for summits with NATO's 30 allies. READ MORE

1:32 PM

Over 550 points downfall for BSE Sensex; Only 6 stocks hold the fort