Analysts, however, expect markets to recover from here on as they have reached their key support zones.
In the past three weeks, the stock price of Paytm has slipped 26 per cent, whereas it has declined 54 per cent against the issue price of Rs 2,150.
The company reported ₨ 635.4 crores of revenue from operations for Q3FY22, a growth of 6.7 per cent from the previous quarter.
Volumes in CY21 jump 2x to 17.3 billion
Costlier oil also weighing on sentiment; analysts see no let-off in volatility
Bajaj Finance stock on Wednesday surrendered all its early gains and settled over 2 per cent lower on profit-taking.
Stock market LIVE: Sector-wise, only Auto, metals and energy stocks were trading higher. Meanwhile, Nifty IT index, down nearly 2 per cent , was still the biggest loser. .
Analysts expect nearly 200 basis points year-on-year fall in HUL's gross margins for the December quarter due to high commodity prices.
M-cap gap with UK narrows to 2% from 8% in a month
The focus of the probe is on how the company stores US clients' data, including personal information and intellectual property
In the intra-day trade, the indices hit a low of 60,662 and 18,086, respectively
By Roslan Khasawneh and Sonali Paul
Shares of Kellton Tech Solutions were locked in the 10 per cent upper circuit at Rs 113.30 on the BSE, which is also the stock's fresh 52-week high level.
The cash proceeds of Rs 630 crore will be utilized towards the pre-payment of existing bank borrowings, which will further strengthen the HSIL balance sheet.
According to Mehul Kothari of Anand Rathi, traders can buy KRBL near the 260-mark with a stop loss of 250 for upside target of 275 in 1 - 2 weeks.
Crude oil prices have soared 25% in a month as demand remains steady and supplies disrupted. Is this a worrisome trend? Will the govt address this in the Budget? Our next report takes a deep dive
Determine your ideal equity allocation, based on drawdown capacity
In a largely range-bound session, the 30-share BSE Sensex ended 85.88 points or 0.14 per cent higher at 61,308.91
The cumulative value of deals executed in the first nine months of this fiscal stood at approximately Rs 80,000 crore
Market capitalisation of BSE-listed companies jumped to an all-time high of over Rs 280 lakh crore on Monday as benchmark indices bounced back after taking a breather in the previous trade. The 30-share BSE benchmark gained 85.88 points or 0.14 per cent to settle at 61,308.91. During the day, it jumped 162.45 points to 61,385.48. The market capitalisation of BSE-listed firms reached a lifetime high of Rs 2,80,02,437.71 crore on Monday. Sensex and Nifty broke their five-day rising streak to close with slim losses on Friday. "Markets started the week on a flat note amid mixed global cues. As the day progressed, high volatility was witnessed but the benchmark traded in a positive range for most of the session," said Ajit Mishra, VP - Research, Religare Broking Ltd. Ultratech Cement was the biggest gainer among the Sensex shares, with a gain of 2.78 per cent, followed by Maruti Suzuki, Mahindra & Mahindra, Tata Steel, TCS, L&T and SBI. In the broader market, BSE midcap index rose .