March 23, 2020 09:05 AM
Market Updates March 23, 2020 3:30 PM
Market at close: Sensex ended 3,934.72 points or 13.15 percent in the red at 25981.24, and the Nifty plunged 1,135.20 points or 12.98 percent at 7610.25. Axis Bank, IndusInd Bank and Bajaj Finance are the top losers.
Market Updates March 23, 2020 11:54 AM
The Sensex is down 3,375.85 points or 11.28% at 26540.11, and the Nifty down 973.50 points or 11.13% at 7771.95.
Market Updates March 23, 2020 11:35 AM
Nifty Auto is down over 11 percent. Top losers included TVS Motor, Motherson Sumi, Bajaj Auto, Hero Moto, Maruti Suzuki and Bharat Forge.
Market Updates March 23, 2020 11:33 AM
Bajaj Auto MD says Safety of our employees is most important to us, preparing ourselves for a 8-week halt. Plants at Akurdi, Chakan, Aurangabad and Pantnagar will shut down from today. We should all be focussed on how to minimise spread of the problem. Situation is changing rapidly not just in India but even in our export markets. There will no job losses and no salary cuts in the aftermath of production units being shut down to contain the spread of coronavirus, Bajaj Auto managing director Rajiv Bajaj told television news channel CNBC-TV18. The auto major will also take care of all its suppliers and vendor companies, he added.
Market Updates March 23, 2020 11:29AM
Infy touched the today’s lower circuit and down by nearly 12 percent trading @ Rs 515
Market Updates March 23, 2020 11:01 AM
After trading has been stopped for 45 minutes post Sensex hit lower circuit. The Sensex is down 3,173.67 points or 10.61% at 26742.29, and the Nifty down 909.60 points or 10.40% at 7835.85.
ICICI Bank hits 20-month low
Shares of the private lender tumbled 15% in early deals, hitting a 20-month low. The stock slipped below the ₹300 mark and was at ₹293.85 on the BSE before trading was halted.
Market Updates March 23, 2020 10:48 AM
Market at pre-open: The trading has resumed after Sensex touched lower circuit with Sensex down 2200 points in pre-opening session.
Market Updates March 23, 2020 10:00 AM
The stock markets have stopped trading for the next 45 minutes owing to Nifty hitting circuit breaker. The markets will reopen with a pre-open session for 15 minutes.
Market Updates March 23, 2020 09:32 AM
Thyrocare Tech rises 10%,
Mahindra and Mahindra down by 10%
Axis Bank takes an over 11% cut
Ipca Labs jumps 9% in a weak mkt after Govt allows private labs to conduct Covid-19 tests
Market Updates @9:33 a.m
All Nifty sectoral indices are in red
Market Updates :
BPCL down by 8% as oil prices continue downward trend
Market Updates @ 9:15 a.m:
IndusInd Bank share falls nearly 10% trading @ Rs 396.35, no buyers in this counter.
At 09:16 hrs IST, the Sensex is down 2,624.69 points or 8.77% at 27291.27, and the Nifty down 757.05 points or 8.66% at 7988.40.
Market Updates @ 9:02 a.m:
At 09:02 hrs IST, the Sensex is down 2,372.42 points or 7.93% at 27543.54, and the Nifty down 792.35 points or 9.06% at 7953.10.
The Indian rupee opened at record low level at 75.69 on Monday versus Friday’s close of 75.19.
Market Updates @9:00 a.m :
SGX Nifty indicate a negative opening for the index in India with a 1,038 points loss. The Nifty futures were trading at 7,738 on the Singaporean Exchange around 07:30 hours a.m