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
Former FM says markets have taken a dim view of the 'virtually coerced investment by SBI and private sector banks in the equity of failed YES Bank'
After the markets opened 5% gap-down, the Nifty hit the lower circuit of 10% within five minutes. This led to the halting of trade for 45 minutes
We need to learn from China and ban short-selling. This would reduce the speculative hammering of the stocks and thereby help in stabilising the markets.
InterGlobe Aviation, the parent of the country's largest airline IndiGo, saw its shares slump 14.08 per cent to hit 52-week low of Rs 875
Given this scenario, the market correction is unprecedented as data points did not suggest this kind of mayhem
Trading was halted for 45 minutes in early session after the index hit its lower circuit limit
The rundown on the market today is largely due to the players who are more speculators rather than investors in the global markets
The Nifty50 breached 8,800 levels for the first time since February 2017, a 3-year low. The S&P BSE Sensex plunged more than 3,000 points to hit a three-year low on Friday
The State Bank of India yesterday said it would infuse Rs 7,250 crore into ailing YES Bank to pick up to 49 per cent equity as part of the Reserve Bank of India-mandated bailout plan
The carnage on Dalal Street had eroded investor wealth worth over Rs 11 trillion
January's industrial and manufacturing production data and retail inflation for February are slated to be declared later in the day
The Sensex ended 62 points higher at 35,697, while the Nifty ended little changed at 10,458
From no level playing field for women at work to YES Bank rescue details, Business Standard brings you the top headlines of the day
Indices see biggest 1-day fall ever in absolute terms, here are the eight major things about the selloff across global markets
The m-cap of BSE-listed companies stood at Rs 1,44,31,224.41 crore at the end of trading on Friday.
Over the last 12 months, MSCI India has remained flat, while MSCI EM has slid 1.5%
Yesterday, the SBI said its board had given in-principle approval to consider an "investment opportunity" in YES Bank although no decision had yet been taken to pick up stake in the bank
Telecom stocks are likely to remain in focus today as the government on Wednesday asked Bharti Airtel, Vodafone Idea and other telecom companies to pay remaining AGR dues as per the SC order
Apart from the coronavirus newsflow, investors will await the release of India Service PMI numbers for February to be released today