4.05 pm

Market close: The S&P BSE Sensex tanked 561.22 points to a one-month low of 34,195.94 owing to a meltdown in global markets. This is its weakest closing since January 5 when the gauge had settled at 34,153.85.

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Sensex gainers, losers

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The Nifty50 too closed down 168.30 points, or 1.58 per cent, at 10,498.25 -- a level last seen on January 3 when it closed at 10,443.20.

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Nifty gainers, losers

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The Sensex recovered from intraday low of 33,482.81 and Nifty from 10,276.30 after Finance Secretary Hasmukh Adhia said that the government will look into domestic market.

Lingering concerns of a tighter monetary policy ahead of a central bank meeting on Wednesday also dampened the domestic sentiment.

According to provisional data, foreign portfolio investors net sold shares worth Rs 1,263.57 crore, while domestic institutional investors bought shares worth a net Rs 1,163.64 crore yesterday.

4 pm

Gold rises on safe-haven demand: Gold prices rose as a rout in global equities prompted investors to seek shelter in safe havens such as gold, although expectations of more US rate hikes this year weighed on the market. Read more

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3.50 pm

Dollar slips : The US dollar slipped after earlier gaining when investors had dumped riskier assets for the relative safety of the greenback. Against a basket of currencies, the dollar was down 0.1 per cent, after a big jump on Monday. Read more

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A file photo of US dollar notes

 

3.40 pm

Gold glitters: Gold soared to over 14-month high of Rs 31,600 per ten gram - gaining Rs 330 at the bullion market here today, largely in sync with the overseas trend. Read more

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3.30 pm

Closing bell: The S&P BSE Sensex tanked 561.22 points or 1.61 per cent to close at 34,195.94 and the Nifty50 slumped 168.30 points or 1.58 per cent to 10,498.25.

3.35 pm

Direct net tax widens: A large number of taxpayers have been brought into the net taking the total base to 8 crore, CBDT chairman Sushil Chandra says, underlining that the government has consolidated direct tax reforms. More on this

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File Photo of CBDT Chairman Sushil Chandra

 

3.20 pm

MCX silver: Silver prices rose Rs 421 to Rs 38,974 per kg at the futures trade as traders raised their bets owing to positive global cues. Read more

3.10 pm

MCX gold: Gold prices surged Rs 280 to Rs 30,573 per 10 gram at the futures trade as speculators created positions amid positive global cues. Read more

3 pm

Over 30 companies hit 52-week high: As many as 32 stocks hit their 52-week high on the BSE, including Polaris Consulting & Services. Among the 30-share Sensex stocks, four companies were trading in the green led by Tata Steel, Bharti Airtel, Larsen & Toubro and ICICI Bank. Read more

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2.50 pm

The Sensex rebounded by over 850 points and the Nifty by over 250 points after Finance Secretary Hasmukh Adhia said that the government will into into what it can do after a slump in the local market reflecting a global sell-off.

The 30-share BSE index Sensex was trading lower by 417.28 points or 1.2 per cent at 34,339.88 and the 50-share NSE index Nifty down by 126.45 points or 1.19 per cent at 10,540.10.

2.45 pm

India's gold demand rises: Gold demand grew 9.1 per cent to 727 tonnes in 2017 due to low prices coinciding with Dhanteras, a positive economic backdrop and improved consumer sentiment, especially in rural areas. Read more

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2.35 pm

Global gold demand: Global gold demand in 2017 fell by 7 per cent to 4,071.7 tonnes compared to that in 2016 due to lower inflows into exchanged traded funds. Click here to read more

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2.25 pm

Fiscal deficit: The deferral of the fiscal consolidation roadmap has left the task of strengthening weak public finances to the next government after the 2019 general elections, Fitch Rating says. Read more

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2.15 pm

WGC forecast: Gold demand in India is likely to remain below its 10-year average for a third year in 2018 as higher taxes and new transparency rules on purchases may cap last year's rebound in buying. Read more

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2.05 pm

The Sensex recovered from the intraday low of 33,482.21 and Nifty from 10,295.15 as Finance Secretary, Hasmukh Adhia , said that the government will look into what it can do after a slump in the local market reflecting a global sell-off.

At 2 pm local time, the S&P Sensex was trading lower by 488.01 points or 1.4 per cent at 34,269.15 and the Nifty50 down by 183.75 points or 1.72 per cent at 10,482.80.

Among BSE sectoral indices, consumer durables, realty, IT and FMCG fell up to 2.6 per cent.

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Top five Sensex losers were Tata Motors, TCS, HUL, Kotak Bank and Axis Bank, while the only four gainers were Bharti Airtel, Tata Steel, Dr Reddy's and L&T.

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Nifty sectoral indices

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Nifty gainers, losers

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1.55 pm

SBI preferential issue: State Bank of India board will meet later this week to consider a proposal to raise Rs 8,800 crore from the government. More on this

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1.45 pm

Govt will look into domestic market slump: Finance Secretary Hasmukh Adhia says he would discuss the issue of the fall in local markets with Finance Minister Arun Jaitley. Read more

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1.25 pm

S&P futures tumble: US S&P 500 futures the world's most liquid, tumbled as much as 2.5 per cent to 4-month lows in Asian trade. Read more

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Futures fell to as low as 2,542, the weakest levels since early October, and 11.7 per cent below their record peak of 2,878.5 touched on January 29

 

1.15 pm

200 stocks hit 52-week low: The mayhem in the market today pulled down nearly 200 stocks to their respective one-year low levels on the BSE with benchmark Sensex nosediving nearly 3.6 per cent in early trade. Read more

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Around 188 stocks, including Aditya Birla Capital, Andhra Bank, Bajaj Hindusthan Sugar, BGR Energy Systems, Central Bank of India, Cummins India, and Godfrey Phillips India, hit fresh 52-week lows on the BSE.

 

1.05 pm

Fundamentally strong stocks still remain expensive: If you thought that you could buy your favourite stocks after the carnage on Friday wherein Nifty Midcap and Nifty Smallcap had tanked 4 per cent and 6 per cent, respectively, on a single trading session, then here is the bad news. Click here to read more

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12.55 pm

Rupee loses momentum: Sharp sell-off in the Indian as well as the global equity markets, coupled with a strong surge in US treasury yields, have kept the rupee nervous over the last one week. Click here to read more

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12.35 pm

NSE stock futures: NSE stock futures listed on Singapore Exchange dropped as much as 3.56 per cent to their lowest since December 18, 2017, indicating losses for Indian stock markets. More on this

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12.25 pm

Spike in volatility index: India's volatility index surged owing to global sell-off. The volatility index jumped as much as 35.9 per cent to 21.815, its highest since November 23, 2016. Read more

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12.10 pm

Rout in global equities after Wall Street suffered its biggest decline since 2011 dragged the benchmark indices down by nearly 3 per cent in the afternoon trade. The volatility index jumped as much as 35.9 per cent to 21.815, its highest since November 23, 2016.

The 30-share BSE index Sensex crashed 1,029.33 points or 2.96 per cent to 33,727.83. The index touched an intraday low of 33,482.81. Similarly, the 50-share NSE index Nifty tanked 309 points or 2.9 per cent to 10,357.55. Nifty touched the day's low of 10,295.15.

Meanwhile, fears are rising that the Reserve Bank of India could become more hawkish as inflation accelerates and the government raises investments in rural sectors and healthcare.

The RBI is set to conclude its two-day policy meeting on Wednesday and is expected to leave rates on hold but could issue stronger warnings about inflation.

Top Sensex losers

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Top Nifty losers

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BSE sectoral indices

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NSE sectoral indices

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12 noon

Nikkei tumbles 5%: Japan's Nikkei share average tumbled 5 per cent to hit a near four-month low after Wall Street posted its worst decline in four years on fears about rising US bond yields and potentially rising inflation. More on this

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11.50 am

What led to the market crash: The crash in US has brought the bears roaring out of their lairs and there is a blood-bath in global markets on Tuesday with stocks in India too bleeding heavily. Click here to read the full story

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The volatility index, VIX, gained over 50 per cent as panic gripped traders; Yen has spiked due to safe haven demand and markets across Asia are down around 3-4 per cent.

 

11.40 am

Rupee weakens: The rupee dropped by 33 paise to 64.40 against the US dollar on frantic dollar demand from importers and banks. Click here to read more

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11.25 am

Asian shares: A rout in global equities deepened in Asia on Tuesday as inflation worries gripped financial markets, sending US stock futures sinking further into the red after Wall Street suffered its biggest decline since 2011 in a vicious sell-off.

S&P mini futures fell as much as 3.0 per cent to four-month lows in Asia, extending their losses from the record peak hit just over a week ago to 12 per cent. Read more

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Japan's Nikkei dropped 4.6 per cent

 

11.10 am

Dow notches 1,600-point intraday loss: US stocks had plunged in highly volatile trading on Monday, with both the S&P 500 and Dow Industrials indices slumping more than 4.0 per cent, as the Dow notched its biggest intraday decline in history with a nearly 1,600-point drop and Wall Street erased its gains for the year. Read more

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10.55 am

 

 

10.45 am

The S&P Sensex and the Nifty50 slumped nearly 3 per cent after Wall Street suffered its biggest decline since 2011 as investors' faith in factors underpinning a bull run in markets began to crumble.

The trigger for the sell-off was a sharp rise in US bond yields following Friday's data that showed US wages increasing at the fastest pace since 2009, raising the alarm about higher inflation and with it potentially higher interest rates.

At 10.45 a.m., the Sensex was trading lower by 1,040.45 points or 2.99 per cent at 33,716.71 and the Nifty down 315.65 points or 2.96 per cent at 10,350.90.

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Nifty50 graph

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10.40 am

What to watch: The board of directors of Kellton Tech Solutions will meet today to consider results for the quarter and nine-month period ended December 2017. Besides, the board will also consider a bonus issue. Read more

10.30 am

Stock in focus: Mangalam Organics has signed an agreement with France-based Les Dérivés Résiniques et Terpéniques (DRT) to manufacture and supply terpene phenolic resin. The company shares were trading down by 2.3 per cent at Rs 199 on the BSE. Read more

10.25 am

What to watch: Punjab National Bank, Lupin and Hero MotoCorp are among 100 companies that will declare their results today. Read more

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10.20 am

Day Trading Guide : Supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading are given below. Click here

9.55 am

The Sensex crashed 1,274.35 points to 33,482.81 and the Nifty hit below 10,300 level in reaction to a steep fall seen on Wall Street in overnight trade. The magnitude of the drop was so big that over Rs 5,40,000 crore of investor wealth was wiped off within a few seconds into the trading.  Rupee also weakened, while bonds rose in line with global markets after US markets suffered their biggest loss in over 6 years, with investors also remaining wary ahead of the outcome of the monetary policy review on Wednesday.

The heavy profit booking comes after months of surges fuelled by corporate earnings, global outlook and optimism over the US economy. Foreign institutional investors sold equities worth Rs 1,263.57 crore in yesterday’s trade, as per provisional data.

Asian shares and US stock futures sank, after Wall Street suffered its biggest decline since 2011 on Monday as investors' faith in factors underpinning a bull run in markets began to crumble.

Benchmark 10-year bond yield was down 5 basis points at 7.55 per cent at 0340 GMT, while the partially convertible rupee was at 64.39 per dollar versus its previous close of 64.07.

9.40 am

La Opala RG board has considered and approved a bonus issue in the ratio of one bonus share for every one share held in the company. Read

 

9.26 am

Goa Carbon   has informed the exchanges that its plant located at St. Jose de Areal, Salcete, Goa, has been temporarily shut down for maintenance work from February 3. The company shares were trading down by 4.5 per cent at Rs 791.95 on the BSE. Read more

9.23 am

Endurance Technologies has initiated setting up of a plant at Karinayakanahalli Village, Kasaba Hobli, Malur Taluka, Kolar District, on land (admeasuring over seven acres) taken on lease-cum-sale basis from Karnataka Industrial Areas Development Board. The stock was trading down by 3.63 per cent at Rs 1,113.90 on the BSE. Read more

9.18 am

At 9.15 a.m., the Sensex crashed 1,133.09 points or 3.26 per cent to 33,624.07 and the Nifty nosedived 378.55 points or 3.55 per cent to 10,288.

9.10 am

The S&P BSE Sensex crashed 1,003.28 points or 2.89 per cent to 33,753.78 and the Nifty50 tanked 371.40 points or 3.48 per cent to 10,295.15 due to a carnage on Wall Street yesterday, and a nearly 370-point plunge in Nifty50 futures on the Singapore Stock Exchange.

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