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Market LIVE: Sensex tanks 700 pts, Nifty gives up 17400 as US reports 40-yr high inflation; Infosys falls

Share Market News Today | Sensex, Nifty, Share Prices LIVE: BSE Sensex and Nifty 50 were trading 1 per cent down on Friday.

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Nifty futures tanked nearly one per cent or 169 points to 17437 on Singaporean Exchange. Image: Pixabay

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading over 1 per cent down on Friday, after US reported 40-year high inflation. BSE Sensex was hovering around 58300, while Nifty 50 index gave up 17400 level. Tech Mahindra, Infosys, Wipro, Bajaj Finance, HCL Tech, Housing Development Finance Corporation (HDFC), Titan Company, Dr Reddy’s. Reliance Industries Ltd, Bharti Airtel were all top Sensex draggers. Adani Wilmar share price extended rally to the fourth straight session, rising another 7 per cent to a new all-time high of Rs 416.40 apiece. The stock has surged 88 per cent from listing price. All the Nifty sectoral indices were trading in the deep sea of red. Bank Nifty lost over 1%. Nifty IT plunged nearly 3 per cent.

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9:29 (IST) 11 Feb 2022
Bank Nifty falls over 1%

All the Nifty sectoral indices were trading in the deep sea of red. Bank Nifty lost over 1%. Nifty IT plunged nearly 3 per cent

9:26 (IST) 11 Feb 2022
Reliance, HDFC, Infosys top Sensex losers

Tech Mahindra, Infosys, Wipro, Bajaj Finance, HCL Tech, Housing Development Finance Corporation (HDFC), Titan Company, Dr Reddy's. Reliance Industries Ltd, Bharti Airtel were all top Sensex draggers

9:25 (IST) 11 Feb 2022
LIC IPO Live: LIC DRHP likely today for India’s largest IPO; issue size, investor quota details expected

Life Insurance Corporation (LIC) may file the Draft Red Herring Prospectus (DRHP) for its IPO today, according to market participants. Reports suggest LIC’s board will meet today to finalise the details of the IPO, and eventually file papers with the market regulator SEBI.

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9:24 (IST) 11 Feb 2022
Adani Wilmar share price rallies 88% in 4 days

Adani Wilmar share price extended rally to the fourth straight session, rising another 7 per cent to a new all-time high of Rs 416.40 apiece. The stock has surged 88 per cent from listing price

9:20 (IST) 11 Feb 2022
Sensex, Nifty fall after US reports 40-yr high inflation

Sensex tanks over 600 pts to 58308, while Nifty 50 index gave up 17450 levels

9:09 (IST) 11 Feb 2022
Sensex, Nifty fall in pre-open

Sensex falls 311 points to 58,618, while Nifty 50 fell 129 points to 17476

9:00 (IST) 11 Feb 2022
Reliance, Zomato, ONGC, Hinalco, Bharat Forge, Ashok Leyland, Mrs Bectors stocks in focus

BSE-listed companies such as ONGC, Divis Labs, Ashok Leyland, Motherson Sumi Systems, Oil India, India Cements, Allcargo Logistics, Anupam Rasayan, Apollo Hospitals Enterprise, Arvind Fashions, Bajaj Hindusthan Sugar, Balaji Telefilms, Mrs Bectors Food Specialities, Brookfield India Real Estate Trust REIT, Dhanlaxmi Bank, Force Motors, Fortis Healthcare, Glenmark Pharmaceuticals, Godrej Industries, Honeywell Automation, HUDCO, Indigo Paints, Inox Wind, Jaiprakash Power Ventures, Kalpataru Power Transmission, Mazagon Dock Shipbuilders, Metropolis Healthcare, MOIL, Nazara Technologies, NHPC, Power Finance Corporation, Puravankara, RateGain Travel Technologies, Shree Renuka Sugars, Sapphire Foods, Shriram EPC, Sobha, Star Health and Allied Insurance Company, Ujjivan Financial Services, Voltas, and VA Tech Wabag will release quarterly earnings on February 11

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8:34 (IST) 11 Feb 2022
Petrol and diesel price today February 11: Fuel rates unchanged; check price in Delhi, Mumbai here

Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: Petrol and diesel prices continue to remain unchanged on February 11 with oil marketing companies (OMC) keeping prices steady. Petrol in the National Capital of Delhi currently retails at Rs 95.41 per litre while diesel in the city is priced at Rs 86.67 per litre. In Mumbai, a litre of petrol and diesel cost Rs 109.98 and Rs 94.14, respectively. Fuel prices have been stable since the central government cut excise duty to bring down retail rates from record highs in November last year. Public sector OMCs including Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise the fuel prices daily in line with benchmark international price and foreign exchange rates. 

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8:16 (IST) 11 Feb 2022
US stocks end lower in overnight trade on Wall Street

US stock indices fell on Wall Street, with the Dow Jones Industrial Average dropping 526.47 points to 35,241.59 while the S&P 500 shed 1.81% to 4,504.08. The Nasdaq Composite plunged 2.1% to 14,185.64.

8:16 (IST) 11 Feb 2022
Asian stock markets trade lower

Shares in Asian stock markets were trading lower in early trade on Friday, tracking overnight losses on Wall Street. South Korea’s Kospi fell 0.78%, while the S&P/ASX 200 in Australia declined 0.77%.

8:16 (IST) 11 Feb 2022
SGX Nifty falls 1%

Nifty futures tanked nearly one per cent or 169 points to 17437 on Singaporean Exchange.

8:15 (IST) 11 Feb 2022
Staying accommodative: Growth is RBI’s top priority

In a surprising move, Reserve Bank of India (RBI) on Thursday left policy rates untouched and retained its accommodative stance to support the nascent and uneven recovery. The central bank forecast inflation in 2022-23 at just 4.5% and projected the economy would grow at a subdued 7.8%, well below the 8-8.5% estimated in the Economic Survey.

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