Markets Highlights: Sensex closes 1,325 up; Nifty closes just below 10,000-mark

The SBI stock was trading higher by over 12 per cent after plunging 13.39 per cent to hit its 52-week low in early trading hours.

. The Indian government and financial regulators will take necessary steps to calm markets gripped by fears over coronavirus, the government's chief economic adviser Krishnamurthy Subramanian said on Friday.

. Tokyo stocks plunged more than six percent on Friday, trimming losses following a global rout on fears of a world recession caused by the coronavirus outbreak.

. SEBI and stock exchanges prepared to take any action as required amid steep volatility in markets, says market regulator.

. After the Chief EconomicAdviser'spresser, markets see a huge turnaround. Sensex up 730 points now.

. Good time to begin accumulating stocks. Valuations are attractive now. In situations like this, recovery is usually very fast. People are selling emotionally, the situation is that of panic, Mark Mobius tells CNBC TV18 in an interview.

. High volatility in markets as BSE Sensex oscillates in the range of 4,000 points.

. Sensex is trading 474.32 points up at 33,250 points, while Nifty is trading at 9,688.

. Sensex recovers 1900 points from the day's low, while midcap index up 600 points from lows.

. Investors have lost one-third of their wealth since the outbreak of coronavirus in Wuhan, during late January.

. Benchmark indices resume trading in the second pre-opening session after Nifty hit 10 percent lower circuit.

. Market in panic mode and Bloodbath is seen across the street. Traders are strictly advised to remain light on positions and don't try to catch falling knife till we don't see stability in our domestic as well as global market, says Chandan Taparia of Motilal Oswal.

. The index-based market-wide circuit breaker system applies at 3 stages of the index movement - At 10 percent, 15 percent and 20 percent

These circuit breakers when triggered bring about a coordinated trading halt in all equity and equity derivative markets nationwide. The market-wide circuit breakers are triggered by the movement of either the BSE Sensex or the Nifty 50, whichever is breached earlier. The market shall re-open, after an index-based market-wide circuit filter breach, with a pre-open call auction session.

. If the sell-off continues, the trading may be halted for the full day. In case, any of the indices crash by 15% by 2 pm, the trading has to be fully suspended, according to analysts.The analysts expect the sell-off to continue.

. All trading was halted in Indian markets for 45 minutes on 50-share Nifty50 as it crashed by over 10% within the first five minutes oftrade.

The broader index – 50-share NSE Nifty – collapsed by 10.07% in just fiveminutes of the trade – which put in place the circuit breaker. Before halt, the Nifty was trading at 8,624, down 966 points (10.07%).

Read the full report here

. Rupee opens weak: The Indian rupee fell in the opening trade on Friday. It has opened lower by 17 paise at 74.40 per dollar against previous close 74.23.

. Global stock markets suffered historic falls as panic spread Friday over the spiralling coronavirus crisis that has killed nearly 5,000 and infected sport, schools and society across the planet.

The virus has affected all areas of life, sealing off entire countries, sparking draconian government measures not seen in peacetime, and forcing the cancellation of global sporting and cultural events from Broadway to basketball.

Japan's stock market fell more than 10 percent on Friday, following the worst day on Wall Street since the crash of 1987 as traders scrambled to sell everything on fears the virus will catapult the world into a deep recession. ( AFP )

. SGX Nifty's direction of market suggests bearish movement for Indian indices even today.

. Tokyo's benchmark Nikkei index fell more than 10 percent on Friday, amid a rout on global equity markets over mounting recession fears linked to the coronavirus outbreak.

The Nikkei 225 index was down 10.06 percent or 1,867.64 points, to 16,691.98 after 90 minutes of trade, while the broader Topix was down 9.38 percent or 124.55 points, at 1,203.33. ( AFP )

. Good morning readers and welcome to our live coverage of stock market today. Stay tuned for live updates.

. As theIndian equity markets witnessed the unprecedented bloodbath on Thursday on back of Coronavirus fears and risk to the Indian financial system, both the benchmark indices -- BSE Sensex and NSE Nifty -- officially entered the 'bear markets'.

. European shares plummeted to their lowest in almost four years on Thursday as investors were rattled by dramatic travel restrictions imposed by USPresident Donald Trump in an attempt to halt the fast-spreadingcoronavirus.

. Shares of Yes Bank on Thursday gave up all gains made in recent sessions, plunging over 39 percent to Rs 17.45 on the NSE. The stock had surged over 77 percent in the last two trading sessions.

. Investor wealth worth over Rs 8 lakh crore was wiped off in early trade on Thursday as equity markets crashed amid global equity selloff after World Health Organization termed the coronavirus outbreak a pandemic.

Amid intensifying rout in global financial markets, the 30-share BSE index plummeted 1,864.02 points or 5.22 per cent to 33,833.38.

Read the full report here

. All the sectoral indices are trading at a 52-week low. BSE Midcap and smallcap indices shed over 9 percent each.

. Equity investors lose Rs 10 trillion in less than 2 hours of trade as sell-off continues in markets.

. Rupee Update: Rupee weakens past 74 per US dollar, trading around 50 paise from a record low.

. Last night Dow 30 also entered 'bear market'.

. All the Sensex stocks are trading in the red with Tata Motors (down 11.11%), Tata Steel (down 8.35%), ONGC (down 7.89%), SBI (down 7.08%) and Axis Bank (down 6.91%) being top losers on the Sensex.

. Sensex breached 34,000-level and slipped to the 17-months low on March 12. All the Sensex stocks are trading in the red.

. Markets witnessed bloodbath on D-Street afterblue-chipNifty50 stock indexfell below the 10,000-mark to 9,992 points at 09:19 amwhile the Sensex sank 1,702 points to34,020 at 09:27 am on March 12.

Indian equities collapsed on Monday amid yet another global equity meltdown over fears that coronavirus might hit the economic activity more than it was anticipated. Separately, the Dow Jones Industrial Average has collapsed more than 20% from its peak – thereby entering bearing.

Read the full report here

. All BSE sectoral indices in the red, down up to 8 percent.

. It is a weak startfor the Indian indices on March 11 with Nifty opens below 10,000 level for the first time since March 26, 2018.

. Bloodbath on D-Street as Sensex crashedover 2,400 points and Nifty sawthe biggest single-day fall ever amid a global rout on March 9.

Click here to read the five worst market falls witnessed in the past.

. Indian equities, on Monday, witnessedan unprecedented bloodbath with all gains made in the past two and half years being wiped out, as crude price war and YesBank collapse weighed heavy on the market.

The 30-share index(Sensex) closed at35,634.95, down by1,941.67 points, while the Nifty50 closed at10,451.45, down by 538 points.

. European shares slumped across the board on Monday, taking the benchmark STOXX 600 into bear market territory as a lockdown in northern Italy due to the coronavirus outbreak and a 30% plunge in oil prices amplified fears of a global recession.

. Sensex hits record low, crashesover 2300 points trading at35,275.24. Nifty drops 657.30 at657.30.

. YES Bank's depositors may be able to start full withdrawals by end of this week, says the bank's administrator Prashant Kumar to CNBC .

. 10-yr Govt bond yield breaches 6%.India 10-year bond yield below 6% for first time since Jan 28, 2009

. Sensex crashes2,254.58 points and is trading at35,330.97.

. Nifty Bank at a 15-month low; 11 of 12 constituents in the red.Nifty trading at a 15-month low, Sensex at a 13-month low.

. Nifty down by 561.60 points trading at10,427.85.Nifty slips below 10,500 for first time since Dec 2018.

Sensex crashes 2,000 points at 1:00 pm.

. The Reserve Bank of India on Thursday placed Yes Bank under moratorium and restricted withdrawals to Rs 50,000, as the central bank assumed control of the troubled private sector lender. Track this live blog for instant updates on developments in Yes Bank.

For latest updates on Yes Bank, click here.

. Markets headed for biggest crash ever. Sensex already down by 1,800 points. Fears of heavy foreign funds outflow, as western markets open in some time.

. Bungling the rescue of a bank that hasmore than $20 billion in depositsis probably the costliest own goal India has scored since its foolish November 2016 ban on most currency notes.

Follow DH's live coverage on the Yes Bank crisis here

. Gold prices on Monday fell by Rs 73 to Rs 44,085 per 10 gram in futures trade as participants cut down their positions tracking a weak trend overseas.

. Freak trade on SGX Nifty as ittouches intraday low of 9,812.

. CEA K V Subramanian told ET Now , on Monday, thatwith the oil import bill coming down and the strong FDI/FPI inflows, our macro-economic stability is strengthened.

. Contingency of merger only if we are not confident of capital raising, says Prashant Kumar to CNBC .

. Reliance slips up to 10%, biggest one-day fall in 11 years

. AIA Engg announces interim dividend of Rs 27/sh. At the same time,Pennar Industries bags orders worth Rs 550 cr in Feb 2020.

. A govt official told CNBC that short-term movement in the oil price is not linked to BPCL strategic stake sale. BPCL strategic divestment a long-term measure and thatinterested investors will take a long-term view.

. The unexpected write-down of some bonds issued by crisis-hit Indian lender Yes Bank Ltd as part of a state-led rescue is set to raise borrowing costs and make capital-raising tougher for other banks, investors and analysts said.

. Prashant Kumar, Yes Bank administrator, on CNBC , assureddepositors, says there is not need to worry or panic. He further told the news channel that cap on withdrawals can end as early as current week.

. Bloodbath continues on Dalal Street as all but Nifty Mid-cap index down more than 4%, market trading at day's low.

. Reliance Industries has corrected over 20 percent, while the Sensex has declined over 11 percent. Meanwhile,BPCL makes up to 13%, its biggest one-day gain since 2009.

. Rupee touches 74-mark for the first time since October 2018. High foreign fund outflows from Indian markets battering rupee, despite the crash in crude prices. Rupee down 28 paise.

. Equity markets collapsed Monday as the rapidly spreading coronavirus fans fears over the global economy, while a crash in oil prices added to the panic with energy firms taking a hammering.

. At 11 am, Sensex was down by1,645.13 points trading at35,931.49, while Nifty was at10,534 down by455 points.

. The Indian rupee continued its downward journey on Monday, sliding another 16 paise to 74.03 against the US dollar in opening trade, tracking weak opening in domestic equities amid mounting fears of a coronavirus-led economic slowdown.

. Sensex sinks 1,129.65 pts to 36,446.97 in opening session and Nifty plunges 318.95 pts to 10,670.50.

. Good morning readers

Sensex, on Monday, is at 36,445.47 and isdown by 1131.15 points. Nifty slips to a seven-month low, down by326.60 pointsat 10662.90.

. That's it for today, the market. Sensex ended the week down by 893 pts and currently stands at 37,576 points.Nifty shed 280 pointsto land at 10,989 pts.Yes Bank tanked 56% losing 20.65 pts, dropping downto Rs 16.15 per scrip.

. A sharp plunge in the equity market made investors poorer by Rs 3.85 lakh crore on Friday as the BSE barometer Sensex plummeted over 1,400 points led by massive selloff in banking, metal and energy stocks.

. Goldprices on Friday rose by Rs 162 to Rs 44,620 per 10 gram in futures trade as speculators were indulged in creating fresh positions amid a firm global trend.

On the Multi Commodity Exchange,goldcontracts for April traded higher by Rs 162, or 0.36 per cent, to Rs 44,620 per 10 gram in a business turnover of 3,076 lots.

PTI

. The Reserve Bank on India's moratorium and withdrawal cap on Yes Bank is credit negative, and the lack of coordinated action highlights continued uncertainty around bank resolutions, Moody's Investors Service said on Friday.

Markets Highlights: Sensex closes 1,325 up; Nifty closes just below 10,000-mark

Sensex closes 1,325 up; Nifty closes just below 10,000-mark

For every 100 advances, there have been 120 declines in the markets

Anomaly of markets: Despite Benchmarks showing biggest recovery ever, the broader sentiment in the markets is negative -- 1,262 declines against 1,060 advances

As western markets start trading Sensex gains down to 800 points, indicating at foreign fund outflow

SBI shares gain over 12% amid a highly volatile market

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