Sensex recovers 906 pts from low, ends 383 pts down; Nifty near 17,100

CLOSING BELL: Fears of sanctions pushed the Brent crude above the $99 a barrel-mark

4:15 PM

Experts speak | Continued FII selling increasing volatility: Vinod Nair of Geojit Financial Services

"Escalation in Russia-Ukraine issue and a sharp surge in oil prices forced global markets to plunge sharply. Indian equities opened with heavy losses tracking overnight fall in the global market and its adverse spill over to commodity prices. However, the domestic market managed to trim down its losses during the late session. Continued offload by FIIs has increased volatility while DIIs are adding position", according to Vinod Nair, Head of Research at Geojit Financial Services.

 

4:13 PM

Expert comment on today's session from S Ranganathan, Head of Research at LKP securities

"The trend is your friend and the street keeps reminding investors and traders just how tough it is to focus on the famous quote of Peter Lynch when you have a confluence of factors swaying you away from your investee companies. Just when the global economy is beginning to recover and normalise from the impact of the pandemic, Russia has recognised the independence of separatist regions in Ukraine thereby inviting the possibility of severe sanctions being imposed by the US & EU. Today's trade saw selling pressure across several Pharmaceutical & Auto Ancillary companies with exposure to the EU. Despite a recovery in afternoon trade, almost all sectoral indices ended in the red with India VIX soaring over 20% today amidst geopolitical tensions and rising oil prices", said S Ranganathan, Head of Research at LKP securities.

 

4:09 PM

India VIX index soars over 16% to 26.66 levels

4:01 PM

Aarti Drugs hits 52-week low, ends 2% lower

3:57 PM

Metropolis Health rises 3% as promoter buys around 1.5 lakh shares

Metropolis Healthcare gained as the company's promoter Sushil Shah bought 1,49,573 shares between February 18 and 21.

3:54 PM

DCB Bank slips 5%; hits 21-month low on asset quality concerns

Shares of DCB Bank hit a 21-month low at Rs 74 on the BSE falling as much as 11 per cent in the past one week on assets quality concern.

3:52 PM

IndiaBulls Real Estate gains 10% after clarification on ED investigation

The company today clarified that Enforcement Directorate (ED) investigation did not pertain to the company and has no bearing on the business and operations of the company. On Monday, the stock had slipped 15 per cent after ED raided the premises of Indiabulls Finance Center in Delhi and Mumbai in connection with money laundering allegations made against the firm and promoter Sameer Gehlaut in April 2021

3:49 PM

Nifty Gainers & Losers: M&M rises 2%, while Tata Steel slides 4%

3:47 PM

Losses spread across broader markets: SmallCaps top drag for second day

 

3:41 PM

Sectoral movers | Nifty Realty slips 3%, Nifty PSB, IT other losers, Auto ends in green

3:37 PM

Sensex Heatmap: M&M, Bajaj Finserv, HDFC & Kotak Bank lift index from day's lows

3:36 PM

Closing Bell: Nifty loses 114 points, manages to hold 17,050

3:34 PM

Closing Bell: Benchmarks end in red for fifth day; Sensex sheds 383 points

3:20 PM

Sectoral uptick | Nifty Auto index erases most losses; MRF up 2%

3:14 PM

Digital currency | Cryptocurrencies slide on Russia-Ukraine woes

Source: coindesk

3:03 PM

DCB Bank slips 5%; stock hits 21-month low on asset quality concerns

Shares of DCB Bank hit a 21-month low at Rs 74, down 5 per cent on the BSE in Tuesday’s intra-day trade, falling as much as 11 per cent in the past one week on assets quality concerns. The stock of private sector lender traded at its lowest level since June 2020. READ MORE

Illustration: Ajay Mohanty

2:47 PM

Kotak Bank, Infosys and M&M chart recovery in Sensex, higher up to 1%

 

2:30 PM

NEWS ALERT | Russia not setting up bases in Eastern Ukraine presently: Reports

2:24 PM

MARKET CHECK | Sensex recovers around 900 points from day's low

 

2:20 PM

NEWS ALERT

2:07 PM

ALERT: : Oil on boil | Brent soars 4%, crosses $99/bbl- mark

Source: oilprice.com

1:54 PM

Dhani Services freezes at 20% lower circuit for second day on heavy volumes

Since February 7, 2022, the market price of Dhani Services has declined 46 per cent, after Tamarind Capital Pte Ltd sold 10 million shares of the company at a price of Rs 153 per share via block deal on the BSE, the exchange data shows, while BOFA Securities Europe SA had purchased 9.75 million shares of Dhani Services. READ MORE

1:43 PM

Currencuy check :: Rupee extends weakness against dollar

>> INR trades near 75/$-mark

Source: Bloomberg

1:36 PM

BS Opinion :: Sebi's proposal on tech start-up IPOs will be useful for investors

The Securities and Exchange Board of India (Sebi) has released a discussion paper outlining proposed changes and additions to the mandatory disclosures in new public issues. While there are no changes to the disclosure norms for companies with three years of profitability, firms that are loss-making will have to make more detailed disclosures. READ MORE

1:30 PM

KIOCL, Indiabulls Real Estate, Metropolis Healthcare shine in a falling market

KIOCL and Indiabulls Real Estate have bucked the trend and logged solid gains of 14 per cent and 12 per cent, respectively in a falling market. Metropolis Healthcare, Adani Transmission and Nippon Life were the other major gainers among the BSE 500.

BSE 500 gainers

1:17 PM

Markets Stats :: BSE breadth at this hour

1:14 PM

Major Asian markets log heavy losses in trade on Tuesday

Hong Kong's Hang Seng tumbled nearly 3 per cent. Nikkei dropped 1.7 per cent, while Shanghai and Straits Times were down nearly a per cent each. Taiwan and Kospi were down 1.3 per cent each.

Source: Yahoo.com

1:12 PM

Russia-Ukraine crisis :: EU to hold Emergency Council Meeting in Paris today

Source: TV reports

12:59 PM

Expert tweets :: Andrew Holland on Russia-Ukraine crisis

12:48 PM

76 stocks hit 52-week highs, while 168 stocks drop to new 52-week lows

Crest Ventures, Jagsonpal Pharma, Megastar Foods, Sel Manufacturing Company, Sindhu Trade Links and Vegetable Products among 76 stocks to hit a fresh 52-week high in trades so far. Whereas, Aarti Drugs, Alembic, Apollo Tyres, Bajaj Consumer Care, BPCL, Cadila, CarTrade, Ceat, DCB Bank, Exide Industries, HDFC AMC, HEG, Jubilant Pharmova, Kesoram Industries, L&T Housing Finance, Manappuram Finance, MRF, PC JEweller, PayTm, Pfizer, PolicyBazaar, Railtel, RECL and Whirlpool among 168 stocks to register a new 52-week low in trades so far on the BSE.