The State Bank of India yesterday said it would infuse Rs 7,250 crore into ailing YES Bank to pick up to 49 per cent equity as part of the Reserve Bank of India-mandated bailout plan
The carnage on Dalal Street had eroded investor wealth worth over Rs 11 trillion
January's industrial and manufacturing production data and retail inflation for February are slated to be declared later in the day
The Sensex ended 62 points higher at 35,697, while the Nifty ended little changed at 10,458
From no level playing field for women at work to YES Bank rescue details, Business Standard brings you the top headlines of the day
Indices see biggest 1-day fall ever in absolute terms, here are the eight major things about the selloff across global markets
The m-cap of BSE-listed companies stood at Rs 1,44,31,224.41 crore at the end of trading on Friday.
Over the last 12 months, MSCI India has remained flat, while MSCI EM has slid 1.5%
Yesterday, the SBI said its board had given in-principle approval to consider an "investment opportunity" in YES Bank although no decision had yet been taken to pick up stake in the bank
Telecom stocks are likely to remain in focus today as the government on Wednesday asked Bharti Airtel, Vodafone Idea and other telecom companies to pay remaining AGR dues as per the SC order
Apart from the coronavirus newsflow, investors will await the release of India Service PMI numbers for February to be released today
In the primary market, the initial public offer of SBI Cards and Payment Services will open today. The company expects to raise around Rs 10,341 crore from the IPO
Factory activity in China, the global engine of growth, has contracted at the fastest pace on record
Indices see biggest single-day drop in 5 years; 5-day sell-off wipes off Rs 12-trn investor wealth
On a weekly basis, Sensex slipped around 7 per cent while Nifty declined 7.2 per cent
Currently, the country's largest bourse has eight board members, which includes four PIDs and three shareholders
The central bank had barred Bandhan Bank in September 2018 from expanding its network as the lender had failed to reduce promoter stake to 40 per cent
Among individual stocks, HDFC Life Insurance Company, Bandhan Bank, and Info Edge will be in focus today as they are set to be added in the Futures & Options segment effective February 28
All Nifty stocks end in the red
While investors will continue to monitor developments on the coronavirus front, the release of India's December quarter GDP numbers on Friday will be another top trigger for the markets