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Market LIVE: Sensex tanks 1k pts, Nifty below 16.7k;
Shriram Properties lists BELOW IPO RATE:
RELIANCE AND HDFC DRAG:
Stock Market Today: The blue-chip NSE Nifty 50 index is trading around 16,650, down nearly 2% and the benchmark S&P BSE:
Stock Market LIVE Updates: Indian indices opened lower on Monday after falls on Wall Street as investors remained cautious over coronavirus fears. The NSE Nifty 50 index fell below 16,700 and the benchmark S&P BSE Sensex was down 1.7%.
Stocks remained under pressure over worries over twin risks: a spike in global inflation threatening economic recovery and the swift spread of the new covid-19 variant. Indian shares fell on Monday as a surge in global Omicron cases threatened to roil economic recovery, while shares of Future Group companies jumped after the country’s antitrust agency suspended its deal with Amazon.com.
Petrol, diesel prices today: Fuel rates remain unchanged
Fuel rates have remained steady as petrol and diesel prices have stayed unchanged on Monday across various cities in the country including the national capital Delhi, metro cities Mumbai, Kolkata and Chennai.
HDFC Bank, Reliance top drags the index.
Gold price today dip for second day in a row, silver rates drop
Gold prices in India dipped today, extending losses to the second day though the drop was moderate. On MCX, gold futures were down 0.04% to ₹48575 per 10 gram while silver fell 0.45% to ₹61,856 per kg.
In global markets, gold edged higher to regain $1,800 per ounce levels as concerns over the rapidly spreading Omicron coronavirus variant boosted the metal’s safe-haven appeal. Asian share markets were lower today as many countries in Europe imposed fresh restrictions
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