Sensex Crash Today: Stock Market Crash Live Updates: Sensex sheds 1,300 points, Nifty below 17,250; all sectors in the red; investors lose nearly Rs 8 lakh crore; India VIX surges 18%

RBI to conduct overnight VRR auction of Rs 75,000 crore on Monday

The Reserve Bank of India on Monday said it will be conducting an overnight variable rate repo auction under liquidity adjustment facility (LAF) for an amount of Rs 75,000 crore today. The date of reversal is on January 25, 2022, the central bank said in a release.

Q3 EARNINGS: RANE (MADRAS)

SBI Card hits fresh 52-week low ahead of earnings

Sea of ​​rescue! All constituents of BSE Sensex decline

Nifty Private Bank index faring better than other sectors

Monday Mayhem! Investors lose Rs 7.76 lakh crore in today’s selloff

Advance-decline ratio skewed in favor of sellers

Nifty nears 17,200; barring Cipla, ONGC all stocks in the red

PTC India sinks 8% on market regulator’s notice

Shares of PTC India Financial Services Ltd fell as much as 8.3% on Monday after India’s market regulator directed the non-banking financial company over the weekend to address corporate governance issues before holding any board meeting. The Securities and Exchange Board of India (SEBI) also asked PTC India Financial to file an action-taken report in four weeks, the company said.

BSE Small cap plummets 4%

Sensex top drags

MARKET VIEW

NIFTY50 gives up 17,350 level

Star Housing Finance Limited has entered into co-lending partnership with Capital India Home Loans to compliment its AUM growth across their shared operational geographies

Price as on Jan 24, 2022 11:20 AM, Click on company names for their live prices.

NIFTY REALTY sausage hit, tumbles up to 4%

Reliance unit pact to give Rs 750 cr loans to Sterling and Wilson

Price as on Jan 24, 2022 11:18 AM, Click on company names for their live prices.

We see the FY23E Union Budget being “fiscally prudent” as well as “growth supportive”. We expect the government to continue its growth agenda via higher capex allocation, which will accelerate the investment cycle and employment. We also expect fiscal conservatism approach to be back gradually keeping in mind the likely inclusion of India in the global bond indices. With buoyancy in tax revenues, relatively contained spending and higher nominal GDP growth, we expect fiscal deficit to be contained at 6.3% vs. BE or 6.8% of GDP for FY22E. With a goal to reach a $5-trillion economy by FY25E, we expect capital expenditure allocation to continue to remain higher for FY23E as well while healthy tax revenues and mega disinvestment pipeline may help contain fiscal deficit to ~5.0%.

– ICICIDirect

Bitcoin holds above $35,000; altcoin show strength

The crypto cart scripted a small comeback ahead of the two-day Federal Reserve meeting that begins on Tuesday. Barring Solana, all other nine out of top-10 digital tokens were trading higher during early trade on Monday. Solana has lost about 65 per cent of its value in the recent selloff. The trading volumes remained light with many investors continuing to assess troubling economic conditions and a pronounced decline in equity markets.

Rupee Update

Fullerton India partners with Paytm to expand digital lending to MSMEs and consumers with special focus on smaller cities and towns

Price as on Jan 24, 2022 10:36 AM, Click on company names for their live prices.

Sensex extends decline, down 700 points

Vodafone Idea tanks 5% after flop Q3 show

Shares of Vodafone Idea tanked about 5 per cent in early trade on Monday following the poor performance in the December quarter. The telecom major’s consolidated losses for the quarter ended December expanded to Rs 7,230.9 crore from Rs 4,532.1 crore compared to the corresponding quarter last year. The revenue from operations for Q3 also declined 10.80 per cent year-on-year (YoY) to Rs 9,717 crore as against Rs 10,894 crore in the same quarter a year ago.

Shares of new-age companies tumble up to 18%, trade below listing prices

Price as on Jan 24, 2022 10:06 AM, Click on company names for their live prices.

Nifty faces another leg down aiming 17150 today. However if initial turbulence eases off without penetrating 17375, expect a pull back to 17680-800 in the next few sessions.

– Anand James – Chief Market Strategist at Geojit Financial Services

Most active stocks on NSE in morning trade

Price as on Jan 24, 2022 09:57 AM, Click on company names for their live prices.

The trend in global stock markets has turned distinctly bearish. Last week S&P 500 and Nasdaq closed 8% and 15% below their all time highs. The sell-off in tech stocks has been brutal last week. European stocks turned bearish. The heightened tensions in the Russia-Ukraine border is a major geopolitical concern.FIIs again turning big sellers is a major headwind. Investors have to move cautiously. An important feature of the tech sell-off is that bulk of the selling is happening in non-profitable tech stocks. This trend is impacting stocks like Zomato and Paytm in India too. It is important to understand the fact that Indian IT stocks with high profits and good earnings visibility are in a totally different league. Results of RIL and ICICI Bank are very good, reinforcing the current trend of rising profitability of large Indian corporates.

– dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services

Top Sensex drags in opening deals

Earnings Reaction

Price as on Jan 24, 2022 09:23 AM, Click on company names for their live prices.

India VIX surges nearly 9% to top 20 level

Sector Watch: PSU Bank, Auto packs gain

OPENING BELL: Sensex sheds 200 points, Nifty below 17,550; Asian Paints, Wipro drop 2% each

Pre-open session: Sensex rises 290 points, Nifty50 at 17,650

SGX Nifty signals a gap-down start

Nifty futures on the Singapore Exchange traded 147.5 points, or 0.84 per cent, lower at 17.489.50, signaling that Dalal Street was headed for a negative start on Monday.

Tech view: Nifty50 holding above 17,500 key to index recovery

The index on Friday took support from its 50-day moving average and settled the day above the 17,600-500 range, a key support area analysts have been pointing out for the last couple of sessions. Even as the index has sent a ‘sell’ signal on the MACD indicator and is showing weakness on weekly charts, analysts do not rule out a comeback for the market next week.

Hong Kong shares dive at open

Hong Kong stocks opened more than one percent down Monday morning following another big-sell-off on Wall Street, with investors awaiting the Federal Reserve’s policy meeting later in the week. The Hang Seng Index sank 1.09 percent, or 272.12 points, to 24,693.43. The Shanghai Composite Index shed 0.41 percent, or 14.32 points, to 3,508.24, while the Shenzhen Composite Index on China’s second exchange lost 0.62 percent, or 14.78 points, to 2,372.86.

Japan stocks open lower, extending US falls

Tokyo stocks opened lower on Monday with investors disheartened by falls on Wall Street and eyeing this week’s US central bank meeting. The benchmark Nikkei 225 index fell 0.76 percent, or 210.28 points, to 27.311.98 in early trade, while the broader Topix index slipped 0.73 percent, or 14.10 points, to 1,913.08. The dollar fetched 113.72 yen in early Asian trade, against 113.70 yen in New York late Friday.

US stocks settled lower on Friday

Wall Street stocks tumbled again Friday following a plunge in Netflix shares that sent the Nasdaq further into correction territory, spurring questions of just how far the market will fall. The Dow Jones Industrial Average fell 1.3 per cent, around 450 points, while the S&P500 index lost 1.9 per cent, and the tech-heavy Nasdaq Composite fell 2.7 per cent.The Nasdaq fell further into correction territory — over 10 per cent from its record highs last November.

Rupee rises 8 paise to 74.43 against dollar

The Indian rupee advanced by 8 paise to close at 74.43 against the US dollar on Friday, helped by some correction in crude oil prices and weaker greenback against key rivals. However, the rupee’s further recovery was restricted by continuous foreign fund outflows and sell-offs in domestic equities, analysts said. At the interbank foreign exchange market, the rupee opened at 74.50 a dollar, it witnessed an intra-day high of 74.40 and a low of 74.55 against the American currency.

Sensex, Nifty on Friday

The Sensex and Nifty nursed losses for the fourth session on the trot on Friday, in lockstep with a selloff in global equities as concerns over inflation and monetary policy tightening sapped risk appetite. The 30-share BSE Sensex ended 427.44 points or 0.72 per cent lower at 59,037.18. Similarly, the broader NSE Nifty plunged 139.85 points or 0.79 per cent to 17,617.15.

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