Sensex Crash Today | Share Market Live Updates: Sensex sheds 800 pts, Nifty around 21,800; HDFC Bank down 6%
17 Jan 2024, 10:06 AM IST
Sensex Crash Today Live: LIC overtakes SBI as most valuable PSU stock
With LIC’s stock up almost 2% today and SBI’s down 0.7%, LIC’s market cap is now ₹5.75 lakh crore and SBI’s is ₹5.65 lakh crore.
17 Jan 2024, 10:04 AM IST
Sensex Crash Today Live: 10 am market update
At 10 am the Sensex was down 840.91 points or 1.15% at 72,287.86, and the Nifty was down 242.40 points or 1.10% at 21,789.90.
17 Jan 2024, 10:00 AM IST
Sensex Crash Today Live: Nifty Bank and Nifty Financial Services index shed over 2.5% as HDFC Bank tanks after Q3 results
Banking and financial stocks bled out on Wednesday with the Nifty Bank index and the Nifty Financial Services index down over 2.5% each after HDFC Bank announced its December quarter results yesterday. Read more.
17 Jan 2024, 09:45 AM IST
Sensex Crash Today Live: RBI approves appointment of new MD and CEO of DCB Bank
The RBI has approved the appointment of Praveen Achuthan Kutty as MD & CEO of the bank from 29 April. The stock is currently up more than 1% on the news.
17 Jan 2024, 09:32 AM IST
Sensex Today Live: Top losers on the BSE
17 Jan 2024, 09:27 AM IST
Sensex Today Live: Indices open deep in the red
At open the Sensex was down 755.28 points or 1.03% at 72,373.49, and the Nifty was down 203.50 points or 0.92% at 21,828.80.
17 Jan 2024, 09:26 AM IST
Sensex Today Live: Rahul Kalantri, VP, commodities, Mehta Equities
“Gold and silver experienced another sharp decline in a highly volatile trading session. The dollar index reached one-month highs, surpassing the 103 mark once again, driven by conflicts in the Red Sea and an increase in U.S. bond yields. In addition, U.S. stock markets closed lower due to market risk aversion triggered by weekend Houthi attacks on an oil tanker in the Red Sea.
“The retaliatory air strikes by the U.S. and U.K. in Yemen further intensified the safe-haven demand for the U.S. dollar. The decline in gold and silver prices was exacerbated by China’s decision to keep interest rates unchanged despite lacklustre economic data. However, tensions in the Middle East continue to support the safe-haven demand for precious metals.
“Anticipating continued volatility in today’s session, we note that gold has a support level at $2018-2005, with resistance at $2041-2055. Meanwhile, silver has a support range at $22.72-22.55, and its resistance is positioned at $23.20-23.38.
“In INR, gold finds support at ₹61,880-61,710, with resistance at ₹62,240 and ₹62,410. For silver in INR, the support level is ₹71,500-71,080, while resistance is observed at ₹72,850 and ₹73,480.”
17 Jan 2024, 09:25 AM IST
Sensex Today Live: Top gainers on the BSE
17 Jan 2024, 09:07 AM IST
Sensex Today Live: Rupee opens marginally lower against US dollar
The Indian rupee opened marginally lower at 83.11 per dollar against the previous close of 83.07.
17 Jan 2024, 08:57 AM IST
Sensex Today Live: L&T Technology Services net profit up 6.6% in Q3
The company reported net profit of ₹336.2 crore for the December quarter, up 6.6% from a year ago. Revenue from operations rose 1.5% sequentially to ₹2,421.8 crore.
17 Jan 2024, 08:55 AM IST
Sensex Today Live: Piramal Pharma stock in focus
Piramal Critical Care, a division of Piramal Pharma, announced the launch of a new concentration of zinc sulfate injection in the US market. The launch will allow PCC to expand its existing zinc sulfate injection product line and overall generics injectables portfolio.
17 Jan 2024, 08:17 AM IST
Sensex Today Live: Oil prices fall as stronger dollar offsets Red Sea disruptions risks
Oil prices fell on Wednesday as a stronger US dollar limited demand for dollar-denominated crude, though the rising risks of supply disruptions amid the intensifying conflict in the Red Sea curbed the losses.
17 Jan 2024, 07:51 AM IST
Sensex Today Live: China Q4 GDP slightly misses estimates; grows 5.2%
China’s economy grew 5.2% in the fourth quarter from a year earlier, official data showed on Wednesday, missing analysts’ expectations slightly but still ensuring Beijing met its annual growth target despite a shaky start to the year.
For the full-year 2023, the economy grew 5.2%, data from the National Bureau of Statistics data showed, partly helped by the previous year’s low-base effect which was marked by covid lockdowns. Analysts had forecast 5.2% growth.
17 Jan 2024, 07:49 AM IST
Sensex Today Live: HDFC Bank clocks 2.5% net-profit growth in Q3
India’s largest private sector lender registered a 2.5% sequential growth in net profit at ₹16,372.54 crore for the December quarter, partly affected by higher bad loan provisions. Net interest income grew by 4% sequentially to ₹28,471 crore during the quarter.
17 Jan 2024, 07:40 AM IST
Sensex Today Live: GIFT Nifty signals negative start
The GIFT Nifty was trading down 171 points or 0.78% at 21,855, signalling a negative start for Dalal Street.
17 Jan 2024, 07:40 AM IST
Sensex Today Live: Asia stocks mixed; attention turns to China data
Benchmarks in South Korea fell while those for Japan opened higher, helped along by a weaker yen. Australian shares were little changed and Hong Kong equity futures fell. Contracts for US equities edged lower in Asia trading.
A raft of top-tier Chinese economic indicators for December, culminating in Q4 and 2023 GDP, takes centre stage in Asia on Wednesday, with global markets under heavy selling pressure from a sharp rise in the dollar and US bond yields.
