Sensex Live: Stock Market Crash LIVE Updates: Sensex at daily low but still down 300, Nifty above 17,250; The media pack is the only sector winner, the banking index is the worst loser
!1 new updateClick here for the latest updates
Sensex today live: the index at the lowest of the day!
Live market updates: Nifty recovers slightly, back above 17,250
#SupremeCourt vacates HC order, attaches assets of #63Moons Technologies SC allows appeal of #Maharashtra, NSEL… https://t.co/pxzpHPnmiR
— AND NOW (@ETNOWlive) 1650605292000
These stocks defy the market mood, rebound up to 14%
Price as of April 22, 2022 10:46Click on company names for their live prices.
The target of 17380 was fully met yesterday, with Nifty showing no intention of going beyond that. While rejection trades remain the underlying theme, we will be looking for rebound opportunities while in the 17180-290 band and will be patient below 17080 to move lower.
– Anand James – Chief Market Strategist at Geojit Financial Services
Adani Ports and Special Economic Zones (APSEZ) announced on Friday that its subsidiary Adani Harbor Services has entered into a definitive agreement to acquire leading third-party maritime services provider Ocean Sparkle Ltd (OSL).
Price as of April 22, 2022 10:00 AMClick on company names for their live prices.
Sensex today live: the index is recovering a little from the low of the day
This excessively volatile and directionless market is influenced on a daily basis by two factors, one external and two internal. The external factor is the erratic movement of the US parent market where the S&P 500 and Nasdaq rise about 2% one day and fall about 2% the next. The internal factor influencing the market is the standoff between FIIs and DIIs. These external and internal factors are erratic now and that is why the market is volatile without any direction. Yesterday’s comment from the Fed chief that “a 50 basis point rate hike is possible in May” and that “controlling inflation has become absolutely critical” pushed the 10-year bond yield to the above 2.9% and therefore had an impact on equity markets. But this impact, too, is likely to be temporary since the market has already discounted this known warmongering from the Fed. What investors should do in this time of high uncertainty is to buy high-quality stocks during sharp market corrections and wait patiently.
– Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services
Sensex Today Live: RIL, Banks Among Top Indexes Lag At This Hour
India expected to list another 100-200 companies in futures market: Samir Arora
For the sake of retail investors, India is expected to list another 100-200 companies in the futures market. Especially the… https://t.co/PJ14Ucghcl
— Samir Arora (@Iamsamirarora) 1650600072000
Live Market Updates: BSE Smallcap Index Recoups Opening Losses, Trades Slightly Higher
Veteran market investor Shankar Sharma recently said that the next big theme in the stock market is the small cap space. Some small cap stocks with a PE of 5 to 10 times have robust business models, he said, adding that India is a quality market with quality companies and the world has always found the markets. dear indians.
PROFIT IMPACT: HCL Tech rises 2%, Sensex’s best performer so far
“Overall, financial performance has been below expectations due to volatility in the P&P segment. However, the IT services segment continues to show some of the strongest growth in the industry. title,” YES Securities said.
Vodafone Idea, L&T Financial, Adani Power among the most active stocks on NSE
Price as of April 22, 2022 09:22Click on company names for their live prices.
India VIX jumps 5%, nears level 19
Sector watch: All indices on NSE in the red
Sensex Heatmap: only 4 index stocks in the green in opening trades
OPENING BELL: Sensex collects 600 points, Nifty approaches 17,200; Hindalco drops 2%, HCL Tech increases 2%
Pre-open session: Sensex drops 380 points, Nifty below 17,250
SGX Nifty signals early gap down
Nifty futures on the Singapore Stock Exchange traded 205.50 points, or 1.18%, at 17,201.50, signaling that Dalal Street was heading for a lower start on Friday.
Tech View: This is a “buy on the dip” market
Nifty50 formed a bullish candle on the daily chart on Thursday and broke above its 200-day moving average. A gap start and a follow-up buy at the Wednesday reversal candle is a positive sign and more upside is in sight. However, the index could see some resistance at the 17,450 level, while support is at 17,200, analysts said, adding that this is a ‘buy on the dip’ market. .
Hong Kong stocks open sharply lower
Hong Kong shares fell at the open on Friday, extending a week of losses after U.S. Federal Reserve chief Jerome Powell suggested an interest rate hike was imminent. The Hang Seng index fell 2.03%, or 420.61 points, to 20,261.61. The Shanghai Composite Index lost 0.69%, or 21.40 points, to 3,058.40, while the Shenzhen Composite Index on China’s second largest stock exchange fell 0.65%, or 12.58 points, at 1,911.23.
Tokyo stocks open lower, following US losses
Tokyo stocks opened lower on Friday, extending losses on Wall Street following hawkish comments from the Federal Reserve on its monetary tightening plans. The benchmark Nikkei 225 was down 1.49%, or 410.48 points, at 27,142.58 in early trading, while the broader Topix index was down 1.16%, or 22, 36 points, at 1,905.64.
Powell reinforces expectations of a big rate hike in May
In a roundtable hosted by the International Monetary Fund at its Spring Meetings, Chairman Jerome Powell suggested that “there’s something about the idea of preloading” aggressive rate hikes as the Fed is struggling with inflation that has reached a four-decade high. “So that indicates that (a half-point increase) will be on the table” for the Fed’s next policy meeting on May 3-4, Powell said.
Wall Street ends lower on Powell comments
Wall Street reversed course and posted losses on Thursday while oil gained as Federal Reserve Chairman Jerome Powell suggested the U.S. central bank would act aggressively to rein in inflation. The Dow Jones Industrial Average ended down 1.05%, while the S&P 500 lost 1.48% and the Nasdaq Composite fell 2.07%.
Rupee Advances for 2nd Day on Dollar Weak, Stocks Rally
The rupee appreciated 13 paise to close at 76.17 against the US dollar on Thursday amid weakness in the greenback overseas and a rally in domestic equities. However, soaring crude prices and continued outflows of foreign funds capped gains, traders said. On the interbank foreign exchange market, the rupiah opened slightly higher at 76.28 against the greenback and traded in a range of 76.36-76.09. It eventually stabilized at 76.17, up 13 paise from its previous close of 76.30.
Sensex, Nifty on Thursday
The BSE Sensex defied gravity for the second consecutive session on Thursday as market majors Reliance Industries, Infosys and HDFC twins continued to attract investors’ attention amid a sustained rally in global markets. BSE’s 30-stock benchmark rose 874.18 points or 1.53% to end at 57,911.68. Similarly, the broader NSE Nifty rallied 256.05 points or 1.49% to 17,392.60.