Stock market today: Asian shares tumbled to their lowest in two years on Tuesday. (Photo: AP) 

Stock market live: Sensex down 100 points, well below 16,300 points; Asian paintings take off

China’s woes, a global wave of monetary tightening and the war in Ukraine cast a cloud over the global economy. In a semi-annual report, the Fed warned of deteriorating liquidity conditions in major financial markets.

10 May 2022, 10:24:49 IST

Cipla signs pact with Genes2Me to launch COVID-19 RT PCR test kit: BSE release

10 May 2022, 10:14:42 IST

List of Discounted Rainbow Children’s Medicare Stocks

Rainbow Children had raised 1,581 crore through its public issuance which consisted of a new issuance of 280 crore and a sell offer of 1,301 crore shares by existing shareholders.

The action opened at 506, against issue price of 542 on the BSE, while the listing price on the NSE was 510.

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Rainbow Children’s Health Insurance
10 May 2022, 10:02:37 IST

Subscribe to Delhivery IPO: Yes Securities

We recommend the SUBSCRIBE rating from a long-term perspective on the DELHIVERY Ltd IPO as it is:

1) Largest and fastest growing 3PL express parcel delivery player

2) have a unified infrastructure network

3) proprietary technology stack and capabilities,

4) large amount of data intelligence and R&D,

5) experienced professional management team and

6) a strong relationship with a diverse customer base.

We believe that Delhivery’s lean business model and cutting-edge engineering and automation capabilities, along with its new era technologies, will help the company leverage operational efficiency and improve profitability in years to come. coming.

May 10, 2022, 09:55:59 IST

India’s active COVID-19 cases drop to 19,637: PTI

With 2,288 new coronavirus infections reported in one day, the number of COVID-19 cases in India rose to 4, 31, 07,689, while active cases fell to 19,637, according to data from the Ministry of Health. Union Health updates Tuesday.

The death toll rose to 5,24,103 with 10 new fatalities, according to data updated as of 8 a.m.

Active cases account for 0.05 percent of the total number of infections, while the national cure rate was 98.74 percent, the ministry said.

10 May 2022, 09:46:49 IST

Bitcoin falls below $30,000 for the first time since July 2021: Bloomberg

May 10, 2022, 09:39:17 AM

Domestic fuel prices unchanged for 34 days now

10 May 2022, 09:33:32 IST

Rupee jumps 20 paise to 77.24 against US dollar in early trade: PTI

10 May 2022, 09:31:29 IST

Asian Paints is the top winner among Sensex stocks in opening deals

Sensex-Shares

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Sensex-Shares
10 May 2022, 09:28:51 IST

Nifty holds over 16,300 at open

Nifty50

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Nifty50
10 May 2022, 09:27:42 IST

Sensex rises at the opening

Market check

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Market check
May 10, 2022, 09:06:11 AM IST

Sensex apartment in pre-opening

Market check.

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Market check.
10 May 2022, 09:05:33 IST

Nifty holds over 16,300 in pre-opening

smart check

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smart check
10 May 2022, 08:52:09 IST

Indian inflation likely accelerated to 18-month high in April: Reuters poll

India’s retail price inflation likely hit an 18-month high in April, largely driven by rising fuel and food prices and remaining well above the upper tolerance limit of the Reserve Bank of India for a fourth consecutive month, according to a Reuters poll.

Food inflation, which accounts for almost half of the consumer price index (CPI) basket, hit a multi-month high in March and is expected to remain elevated on rising vegetable oil prices and baking globally.

Those factors likely pushed inflation in Asia’s third-largest economy to 7.5% on an annual basis in April, according to a May 5-9 Reuters poll of 45 economists, from 6.95% in March.

If realized, it would be the highest rate of inflation since October 2020 and well above the RBI’s upper limit of 6%.

The forecast for the data, which was due to be released on May 12, ranged between 7.0% and 7.85%.

10 May 2022, 08:42:09 IST

Titagarh Wagons set to hit US market soon in India-made first

Titagarh Wagons plans a post-pandemic turnaround, involving three-fold revenue growth over the next three years and targeting new markets in Africa, West Asia, South East Asia, Australia and the States United with its Indian-made freight wagons and transit trains. .

May 10, 2022, 08:30:07 AM

IPO-linked firms wary as Sebi tightens promoter standards

A recent regulatory move tightening disclosures about groups of promoters of market-related companies has raised concerns among investment bankers who fear distant family members could misuse them and delay stock sales.

10 May 2022, 08:25:04 IST

Oil drops on global economic worries and strong dollar

Oil prices fell more than 1% on Tuesday, extending steep declines from the previous day, as coronavirus lockdowns in major oil importer China, a strong dollar and growing recession risks stoked concerns about the outlook for global demand.

Brent crude fell $1.31, or 1.2%, to $104.63, after falling to $103.19 a barrel. U.S. West Texas Intermediate crude fell $1.25, or 1.2%, to $101.84 a barrel after hitting an intraday low of $100.44.

On Monday, both benchmarks posted their biggest daily percentage decline since March, down 5-6%.

10 May 2022, 08:20:04 IST

Stocks to Watch

Shares of RIL, Asian Paints, HCL Tech, JSW Group, NTPC, Adani Ports, among others, could be in focus today.

Asian Paints, Cipla, Vodafone Idea, Gujarat Gas, Ajanta Pharma, Cera Sanitaryware, Chalet, Electrosteel Castings, Kansai Nerolac Paints, Max Financial Services, Mahanagar Gas, Reliance Capital, Torrent Power are among the companies due to announce their quarterly results on 10 may. .

10 May 2022, 08:18:46 IST

Bitcoin is trading near its 10-month low at around $30,600

10 May 2022, 08:09:45 IST

For Nifty, 16100-16000 to be crucial supports: Osho Krishan, Sr. Analyst – Technical & Derivative Research, Angel One

The volatility index has gained ground over the past two trading sessions, raising concerns among participants. Simultaneously, the relentless selling spree in the market certainly highlighted the tightening of the bearish grip. On a technical level, the 78.60% Fibonacci retracement placed around the odd level of 16190 should be an intermediate cushion to any fall, followed by the psychological mark of 16000. While on the top, a decisive close above from the unfilled gap of 16480-16650 could only direct some insurance to the bulls.

Going forward, until global stock markets remain under pressure, our market is likely to remain hesitant with huge saw moves. Additionally, until the gap to the upside is not closed, we advise avoiding aggressive betting and advising to closely monitor the mentioned levels with global developments.

10 May 2022, 08:04:50 IST

Rupee Slips to Low, Stocks Continue to Fall

The rupee plunged to 77.46 against the dollar on Monday after hitting a record low of 77.52 in intraday trading as foreign investors continued to pull money from Indian assets as the dollar strengthened after the US Federal Reserve raised interest rates.

May 10, 2022, 07:54:17 AM

LIC’s IPO ignores market jitters and subscribes 3 times

India’s largest initial public offering received bids for nearly three times the shares on offer, helping the government raise 21,000 crore by selling 3.5% of Life Insurance Corp. of India.

10 May 2022, 07:52:30 IST

SGX Nifty futures fall

Nifty futures on the Singapore Stock Exchange fell 106.50 points, or 0.65%, to 16,185 in early trades on Tuesday, indicating a start of a gap for Indian benchmarks.

On Monday, the benchmark Sensex fell 364.91 points to end the day at 54470.67, and the Nifty fell 109.40 points to 16301.90.

10 May 2022, 07:37:33 IST

Asian stocks tumble on investor concerns over global growth

Stocks fell and bonds rallied on Tuesday as worries about a darkening economic outlook spilled over into global markets.

A gauge of stocks in Asia-Pacific fell to the lowest since July 2020 amid declines in Japan, China and Hong Kong, where tech stocks slumped. Futures on the S&P 500 and Nasdaq 100 wobbled after U.S. stocks hit 13-month lows.

Oil fell towards $100 a barrel due to economic concerns and the European Union’s decision to ease some proposed sanctions against Russian oil over the war in Ukraine.

A dollar gauge is at the highest level since 2020, as China’s economic slowdown amid Covid lockdowns puts pressure on the yuan.

S&P 500 futures fell 0.2%, Nasdaq 100 futures fell 0.1% and Euro Stoxx 50 futures lost 0.7%.

Japan’s Topix index lost 1.8%, Australia’s S&P/ASX 200 index fell 2.2%, South Korea’s Kospi index fell 1.8%, the China’s Shanghai Composite Index fell 1.2% and Hong Kong’s Hang Seng Index fell 2.9%.

Overnight, the Dow Jones Industrial Average fell 653.67 points, or 1.99%, to 32,245.7, while the S&P 500 lost 132.1 points, or 3.20%, to 3 991.24, its lowest close since March 31, 2021. The Nasdaq Composite fell 521.41 points, or 4.29%, to 11,623.25.

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