Page 2 - Market Sell Off

Investors lose Rs 4.82 trn as Sensex falls 1,159 pts; many stocks suffer

Banking, FMCG and energy shares came under heavy selling pressure

Morgan Stanley downgrades Indian equities over expensive valuations

Morgan Stanley's downgrade follows similar moves by Nomura and UBS

Bond mkts in India, S Korea most vulnerable to sell-off in the region's EMs

Bond markets in the two countries are at opposite ends of the investment spectrum

Global debt jumps to new high of $226 trillion, says IMF report

Sees risk of sizeable sell-off in stocks

Investor wealth erodes by over Rs 3.27 trillion as markets tumble

Investor wealth on Wednesday tumbled over Rs 3.27 lakh crore as markets witnessed massive selling pressure amid rising coronavirus cases in the country. The BSE benchmark index plunged 871.13 points or 1.74 per cent to close at 49,180.31. During the day, it declined 931.1 points to 49,120.34. Following the weak trend, the market capitalisation of BSE-listed companies tumbled Rs 3,27,967.71 crore to reach Rs 2,02,48,094.19 crore at the close of trade. "Indian market witnessed across-the-board selling amid high volatility owing to weak global cues and spike in covid cases," said Vinod Nair, Head of Research at Geojit Financial Services. M&M was the biggest loser from the BSE benchmark 30-share pack, declining 3.97 per cent, followed by SBI, Axis Bank, ICICI Bank, IndusInd Bank, ITC and L&T. Asian Paints and PowerGrid were the only gainers from the frontline companies pack. All sectoral indices ended lower, with BSE realty, metal, auto, banks, industrials and finance indices ...

RaiTel shares soar 28% on debut to end a tad over Rs 120 in a tepid market

The stock touched a high of Rs 128 and a low of Rs 101 on the NSE, where over Rs 1,500 crore worth of shares changed hands

Bond yields, US air strike: What dragged the Sensex 1,939 pts lower today

A rise in commodity prices has fanned inflation risks, pushing bond yields higher. That apart, the US launched airstrikes in Syria on Thursday, which further dented global mood

Here's why Nifty Bank index tanked 5% on NSE amid rising bond yields

10-year government bond yield hardened to 6.23 per cent on Friday, up 0.05 per cent from 6.18 per cent on Thursday, February 25

Investors turn to pharma stocks amid market crash; Nifty Pharma gains 1.5%

Among individual stocks, Lupin zoomed 3.4 per cent in the intra-day trade and hit a high of Rs 1,060, Sun Pharmaceuticals advanced 2 per cent, and Dr Reddy's Labs gained 1.7 per cent.

Markets fall for third day amid sell-off in RIL; Sensex falls 500 points

Over the last three sessions, the BSE Sensex has lost 1,444.53 points or 2.90 per cent and the NSE Nifty has shed 405.80 points or 2.8 per cent

Sensex ends 549 pts lower: Top factors that dragged the markets lower

The Nifty IT index plunged 2.24 per cent and was the top sectoral loser on the NSE

Investing strategies: Is it a good time to buy stocks for the long term?

The Jefferies report said that within the Nifty 100 several PSUs such as State Bank of India, GAIL, ONGC, NTPC, Bank of Baroda, Punjab National Bank & Power Finance Corporation slipped below GFC lows.

Every market downturn offers an opportunity; invest in a staggered way

Sectors like banks, non-bank finance companies (NBFCs), consumer durables and non-durable players, would all make interesting bets.

Rakesh Jhunjhunwala's portfolio hit 36%; Ashish Dhawan, Dolly Khanna suffer

Rakesh Jhunjhunwala and family, the big bull of the equity markets, have lost Rs 4,558 crore in CY20 so far, with the value of their investments slipping below Rs 10,000 crore

Thyrocare Tech, Dr Lal Path Labs surge as pvt labs to conduct Covid-19 test

That apart, national laboratories have also been allowed to carry out clinical testing of Covid-19, as the number of cases went past 400 in India.

Global corporate revenue to take $12 trillion hit due to coronavirus

US companies are likely to cut capex plans by $900 billion (4 per cent of gross domestic product), trim spends on buybacks and mergers & acquisitions (M&As) by around $600 billion (3 per cent of GDP).

Sebi should ban short-selling to avoid market crisis

We need to learn from China and ban short-selling. This would reduce the speculative hammering of the stocks and thereby help in stabilising the markets.

Tata Steel, ONGC: Stocks that have suffered the most in the market meltdown

While the Indian equities were isolated from the global rout till early February, the downfall began when the virus began to spread outside mainland China, its originating country.

Good time to start SIP in this market mayhem

The entire panic has been initiated by fears that the system to curtail the Coronavirus (COVID-19), across the globe, is misplaced.

FPIs pull out Rs 36,221 cr from markets in 13 days as risk-off intensifies

While a coordinated aggressive monetary easing from the central banks is most likely to offer some respite in the near-term, it is unlikely to improve the sentiments