Stock Market Crash Live Updates: Sensex plunges 1,100 points, Nifty below 17,200; Infosys tanks 6%, Tata Power 5%; VIX surges 15%

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Zydus Lifesciences receives final approval from USFDA for Cyanocobalamin Injection

Price as on 18 Apr, 2022 09:45 AM, Click on company names for their live prices.

Maruti Suzuki today announced change in prices across models owing to increase in various input costs. The weighted average increase across models is 1.3% – ex showroom prices.

Price as on 18 Apr, 2022 09:30 AM, Click on company names for their live prices.

Tata Power, ONGC, Adani Power among most active stocks on NSE

Price as on 18 Apr, 2022 09:27 AM, Click on company names for their live prices.

SECTOR WATCH: Nifty Metal only index trading in the green in opening deals

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Price as on 18 Apr, 2022 09:19 AM, Click on company names for their live prices.

Sensex Heatmap: Only 4 stocks trade in the green

OPENING BELL: Sensex plunges 1,100 points, Nifty below 17,200; Infosys tanks 6%, Tata Power 5%

Pre-open session: Sensex drops 1,000 points, Nifty50 below 17,200

SGX Nifty extends slide, down 66 points

Nifty futures on the Singapore Exchange extended slide, falling 66 points, or 0.38 per cent, to 17,262.50, signaling that Dalal Street was headed for a negative start on Monday.

China economy grows 4.8% in first quarter as virus bites

China’s economy grew 4.8 percent in the first quarter, official data showed Monday, as a resurgence of the coronavirus drags on economic activity and threatens Beijing’s ambitious annual target. The world’s second-biggest economy expanded 4.8 percent on-year in the first three months of 2022, the National Bureau of Statistics said, warning of “significant difficulties and challenges” ahead.

Market Calendar

SGX Nifty signals a negative start

Nifty futures on the Singapore Exchange traded 28 points, or 0.16 per cent, lower at 17,301, signaling that Dalal Street was headed for a negative start on Monday.

Tech View: Nifty’s Evening Doji Star signals weakness ahead

Nifty50 on Wednesday fell for the third straight session and in the process formed a bearish candle on the daily chart with an upper wick, suggesting some selling at highs. On the weekly scale, Nifty formed an Evening Doji Star-like candle, said analysts, who believe the index could be in for some more pain. The level of 17,450 may act as an immediate support level, they said.

Japan stocks open lower after US close

Tokyo stocks opened lower on Monday in cautious trade, with few clues for the market following a holiday on Wall Street. The benchmark Nikkei 225 index was down 1.25 percent, or 337.67 points, at 26,755.52 in early trade, while the broader Topix index slipped 0.87 percent, or 16.46 points, to 1,879.85. Investors are closely watching China’s GDP data for the January-March quarter due during Tokyo morning trade hours, he added.

US stocks closed lower on Thursday

Wall Street stocks finished lower while bond yields and the dollar rose on Thursday as investors worried about the potential for aggressive US policy tightening as other central banks around the world moved to reduce support. The Dow Jones Industrial Average fell 113.36 points, or 0.33%, to 34,451.23 while the S&P 500 lost 54 points, or 1.21%, to 4,392.59 and the Nasdaq Composite dropped 292.51 points, or 2.14%, to 13,351.08.

FPIs turn net sellers, withdraw Rs 4,500 cr in a week

Adopting a cautious stance, foreign investors have pulled over Rs 4,500 crore from the Indian equity market last week on fears of an aggressive rate hike by US Federal Reserve. This comes following a net investment of Rs 7,707 crore by foreign portfolio investors (FPIs) during April 1-8 as a correction in the markets provided a good buying opportunity, data with depositories showed.

Sensex, Nifty to resume trading today

India’s currency, debt and equity markets were closed on Thursday, April 14 and Friday, April 15 for holidays. Markets will resume trading on Monday, April 18. The NSE Nifty 50 index closed 0.31% down at 17,475.65 on Wednesday, and the S&P BSE Sensex fell 0.41% to 58,338.93. The 10-year benchmark bond yield ended at 7.2148% on Wednesday, while the rupee settled at 76.1750 to the dollar.

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