In terms of macro data, PMI data for the manufacturing sector is scheduled to be released on Thursday
The S&P BSE Sensex slipped 1,310 points from the day's high to close marginally negative on Friday post the RBI's measures
PMI data for the manufacturing sector is scheduled to be released on Thursday
Crisil yesterday sharply cut its India growth estimate for 2020-21 to 3.5 per cent citing the severe dent in the economic activity due to the coronavirus pandemic
Sensex rebounds 15% in three days from recent lows
The US Senate on Wednesday overwhelmingly backed a $2 trillion bill
According to reports, the government is likely to agree a stimulus package of more than Rs 1.5 trillion to fight a downturn caused by the coronavirus lockdown
From the peak in January 2020, the S&P BSE Sensex and the Nifty50 have tanked around 37 per cent each, while the carnage in the mid-and small-caps has been even more brutal
The government has already deferred deadlines for filing tax returns, extended a tax amnesty program and promised more measures to support the economy amid the coronavirus pandemic
All that happened in markets today
The Reserve Bank of India has announced that it will conduct open market operations for Rs 30,000 crore in two tranches. However, any real relief for investors will come only after negative news stops
The Reserve Bank of India has announced that it will conduct open market operations for Rs 30,000 crore in two tranches. However, any real relief for investors will come only after negative news stops
To avert a global recession, most central banks have announced measures worth trillion of dollars.
HDFC Bank slipped over 1 per cent to Rs 882 after global brokerage house Bernstein downgraded the stock to 'unerperform' and sharply slashed the target price to Rs 750 from Rs 1,400 earlier
The Rupee's trajectory will also remain a big focus in today's session after plunging 84 paise to a new record low of 75.10 against the dollar on Thursday
While more firms may resort to buybacks, industries urge that government review tax on this investor rewarding method
Most stocks continued to see volatile moves because of the uncertainty created by the coronavirus pandemic
The Reserve Bank of India has decided to conduct open market operations on March 20 in the form of purchase of an aggregate amount of Rs 10,000 crore of government securities.
The equity market hasn't yet found a bottom and it is still not a time to bottom fish
Morgan Stanley expects global growth to fall to 0.9 per cent in such a scenario, while Goldman Sachs predicts weakening of growth to 1.25 per cent