The massive spike in 2021-22 borrowing target has led to a 31 basis points rally in benchmark bond yields, a report said
India VIX index surged over 14 per cent to close at 25.5 levels
Noting that the deal looks promising in terms of strategic investment, the stock price may have already priced-in the positives, say analysts
Index heavyweights, Reliance Industries, HDFC, TCS, ITC and ICICI Bank were among the top Sensex drags
Meanwhile, Bitcoin hit a record high on Sunday
The rate rejig, analysts say, will alter the tax burden on companies, which they expect to get passed on to the consumers
The NSE Nifty 50 index .NSEI was down 0.68% to 14,880.75 by 0454 GMT, while the S&P BSE Sensex .BSESN was 0.85% lower at 50,446.43
The stock is up for the second day in a row and has gained nearly 24 per cent in two days
JSW Steel, Hindustan Zinc, Ratnamani Metals and Tubes, Tata Steel, MOIL, and Jindal Steel were up in the range of 2 per cent and 3 per cent.
In the last four trading sessions, the stock has risen nearly 10 per cent
The travel services firm said it plans to raise up to Rs 450 crore via the issue of Optionally Convertible Cumulative Redeemable Preference shares (OCCRPS) through private placement
Promoter PNB said that it will not participate in PNB Housing Finance's capital raising plans
The stock of Adani Power has improved the bias with decent volume participation
The earnings season has almost ended, some 22 companies are still left to post their December quarter numbers, including Stove Kraft, Sanofi India, Rain Industries to name a few
Japan's Nikkei recouped 1.0% and South Korea 0.4%, while E-Mini futures for the S&P 500 were a fraction firmer
After the Budget, our call on cyclical recovery in the economy and a broader recovery in the market is further reinforced
The MSCI India's valuation premium to EM is now at 40 per cent, 3 per cent above the long-term average, according to BofA Securities
The 10-year and 30-year US Treasury finished at 1.34 per cent and 2.13 per cent, respectively, last week
The fall in gold prices may be a boon for the gold ETF category, which has seen inflows of over Rs 1,000 crore in the past two months
Reducing promoter pledge further can help drive stock gains