Dow Jones down 1,424.47 points, or 5.51%, at 24,440.31, while the S&P 500 was down 160.27 points, or 5.39%, at 2,812.10
In its biggest-ever single-day drop in absolute terms, the BSE Sensex crashed over 1,941 points and the NSE Nifty tumbled 538 points
For Hindalco, keep a stop at 157 and go short
The shares of the firm were last traded on Saturday (February 1) when the market was open for the Budget announcements
Hong Kong went into the break 0.09 percent, or 23.78 points, up at 26,336.41 on bargain-buying after being battered last week
On Saturday, the benchmark indices closed near their day's lows, indicating further selling pressure on the following trading day
However, on Saturday, the stock markets did not react positively, contrary to the government's expectation
Penalties levied by the regulator on the entities are in the range of Rs 2 lakh-Rs 20 lakh, for flouting market norms
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
In the last such instance in 2015, the stock markets were kept open for regular trading hours - which is from 9:00 am to 3:30 pm
Rupee breaches 72 against dollar in intra-day trade; gold rises to 6-yr high; Brent crude near $70/barrel
Experts fear risk-off trade, spike in oil prices, weaker rupee to hurt India's fundamentals
As many as 12 companies have filed applications with the BSE to list their commercial papers on the bourse for a total issue size of Rs 8,215 crore, the exchange said on Monday. The firms that have made applications are SBI Cards and Payment Services Ltd, Birla Group Holdings Pvt Ltd, National Housing Bank, Aditya Birla Capital Ltd, Larsen & Toubro Ltd, SBI Cards and Payment Services Ltd, BASF India Ltd, The Ramco Cements Ltd, Aarti Industries Ltd, HT Media Ltd, GIC Housing Finance Ltd and Himadri Speciality Chemical Ltd. After the process, the effective date for listing of commercial papers (CPs) at the BSE is December 31, the BSE said in a release. "Till date, 50 issuers have done 182 issuances of commercial papers and have successfully listed CPs of Rs 70,210 crore on the BSE. The weighted average yield of these issuances is 6.42 per cent with an average tenor of 161 days," it added. A CP is an unsecured money market instrument issued in the form of promissory notes that ...
The companies that have seen sharp erosion of market wealth include YES Bank, Indiabulls Housing Finance, Zee Entertainment, Vodafone Idea, and Bharat Heavy Electricals
Whether in search of additional income or simply for the thrill of trading, a lot of people are joining courses on investing in the stock market
Axis Bank may see huge buying momentum after a strong close above Rs 760. On a bigger scale, the stock has managed to hold around 200-days moving average (DMA) and has not shown any major breakdown
Inflows into equity funds have eased sharply
While the stock listed at more than 50 per cent premium over its IPO price, investors lost money as the huge oversubscription pushed up the break-even threshold to 70 per cent
According to the analysis, there are 11 stocks in the cheap bucket, 14 in the expensive, and the valuations of the remaining five are in-line with their historical averages
Both the technical parameters - Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) for Nifty PSU Bank index are trading with negative crossover and indicate weakness