The S&P BSE Sensex ended at 55,776.85, down 709.17 points (1.26 per cent), while the Nifty 50 settled at 16,663.00, down 208.30 points (1.23 per cent).
“This action is based on certain material supervisory concerns observed in the bank,” the Reserve Bank of India (RBI) said last Friday.
Share Market, Stock Market Highlights: The S&P BSE Sensex ended at 56,486.02, up 935.72 points (1.68 per cent), while the Nifty 50 settled at 16,871.30, up 240.85 points (1.45 per cent).
FPIs fear India would be hit more by commodity price hikes, particularly in crude, since India is a major importer, said V K Vijayakumar, chief investment strategist, Geojit Financial Services.
Share Market, Stock Market Highlights: The S&P BSE Sensex ended at 55,550.30, up 85.91 points (0.15 per cent), while the Nifty 50 settled at 16,630.45, up 35.55 points (0.21 per cent).
The market regulator said these entities were operating nine Telegram channels, giving recommendations to over 5 million investors on selected listed stocks.
Rupee gains 19 paise to close at 76.43 against dollar
The Appointments Committee of the Cabinet (ACC) has approved the appointment of Bhatia as a member initially for a period of three years from the date of assumption of charge, sources said.
Assembly Election Result 2022 Stock Market Highlights: The S&P BSE Sensex ended at 55,464.39, up 817.06 points (1.50 per cent), while the Nifty 50 settled at 16,594.90, up 249.55 points (1.53 per cent).
TCS share buyback: Tata Consultancy Services (TCS) had announced the share buyback program last month (February 12) entailing up to 4,00,00,000 fully paid-up equity shares of the face value of Re l each at Rs 4,500 apiece.
InterGlobe Aviation, the company which operates budget carrier IndiGo, surged 8.02 per cent to Rs 1,727.00 per share on the National Stock Exchange (NSE) while on BSE it rose 7.90 per cent to Rs 1,726.45. After a two-year suspension, India will resume scheduled international commercial flights from March 27, the Ministry of Civil Aviation said on Tuesday.
Share Market, Stock Market Highlights: The S&P BSE Sensex ended at 54,647.33, up 1,223.24 points (2.29 per cent), while the Nifty 50 settled at 16,345.35, up 331.90 points (2.07 per cent).
At the interbank foreign exchange, the rupee opened on a weak note at 77.02 against the US dollar, then pared its initial losses and touched 76.73, registering a gain of 20 paise from the previous close.
Share Market, Stock Market Highlights: The S&P BSE Sensex ended at 53,424.09, up 581.34 points (1.10 per cent), while the Nifty 50 settled at 16,013.45, up 150.30 points (0.95 per cent).
The Sensex, which crashed 1,791 points (3.29 per cent) at one stage, lost 1,491 points at 52,842.75, and the NSE Nifty Index crashed 382 points to 15,863.15 on sustained selling led by foreign investors.
On Friday, the rupee fell by 23 paise to close at 76.17 against the US dollar, the lowest closing level since December 15, 2021.
Sensex tanked 1,453.51 points to 52,880.30 in opening trade, while the Nifty plunged over 400 points to 15,831.85.
On March 4, FPIs pulled out Rs 7,631 crore from the stock markets, taking the total outflows to Rs 18,614 crore in the last three sessions of March as Russia intensified the attack on Ukraine and oil prices soared. This outflow has come after withdrawals of Rs 45,720 crore in February and Rs 41,346 crore in January.
The government was looking to sell 5 per cent stake in Life Insurance Corporation (LIC) this month, which could have fetched over Rs 60,000 crore to the exchequer.
The company is also looking to build a compliance framework by the end of this month, for its public offering planned in the first half of 2023, according to sources
Share Market, Stock Market Highlights: The S&P BSE Sensex ended at 54,333.81, down 768.87 points (1.40 per cent), while the Nifty 50 settled at 16,245.35, down 252.70 points (1.53 per cent).
Share Market, Stock Market Highlights: The S&P BSE Sensex ended at 55,102.68, down 366.22 points (0.66 per cent), while the Nifty 50 settled at 16,498.05, down 107.90 points (0.65 per cent).
The rupee, meanwhile, depreciated by 47 paise to close to 75.80 against the US currency as markets remained weak amid deepening geopolitical tensions and rising crude prices.
The government was expecting to garner Rs 63,000 crore by selling 5 per cent stake in the life insurance firm to meet the curtailed disinvestment target of Rs 78,000 crore in the current fiscal.
Share Market, Stock Market Highlights: The S&P BSE Sensex ended at 55,468.90, down 778.38 points (1.38 per cent), while the Nifty 50 settled at 16,605.95, down 187.95 points (1.12 per cent).
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