Stock Market LIVE Updates: Sensex, Nifty50 likely to make a gap-down opening; SGX Nifty futures fall over 200 points

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09:14:45 IST

Pre-Open Market | Sensex down over 500 points, Nifty below 17,350

In the pre-opening session, the Sensex was down 540.3 points or 0.9 percent at 58,254.8 and the broader Nifty50 benchmark at 17,338.8, down 197.5 points or 1.1 percent from its previous close. 

09:12:45 IST

Stock To Watch | Tarsons Products, JSW Steel, Aurobindo Pharma in focus today 

–Tarsons Products will list its shares on BSE and NSE at 10 am. 

–Life Insurance Corporation of India bought 79,000 Aurobindo Pharma shares through an open market transaction on Wednesday. (Check out the complete list of stocks to track today)

09:10:25 IST

Global Cues | US futures slide amid concerns about new COVID variant announced by WHO 

09:08:59 IST

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Crude oil rates plunge nearly 2%

Crude oil prices declined nearly two percent Friday as investors eyed how the OPEC grouping responds to the US-led emergency oil release. WTI crude futures were down 1.9 percent at $76.9 per barrel and Brent crude futures down 1.5 percent at $81 per barrel. (Check out other key things you need to know before the opening bell)

09:06:17 IST

MarketBuzz Podcast With Sonia Shenoy

Catch big themes, vital news and key events you should know before the opening bell. MarketBuzz is your daily morning briefing by CNBC-TV18 research analysts and anchors to kickstart your day. (Tune in)

08:59:32 IST

SGX nifty futures tumble over 200 points

At 8:55 am, Singapore Exchange Nifty futures — an early indicator of the Nifty50 index — were down 209.5 points or 1.2 percent at 17,368, sugesting a gap-down opening ahead on Dalal Street.

08:56:26 IST

December F&O series begins today with 83% rollover from Nov series 

Dalal Street is set to begin the December futures & options (F&O) series on Friday, a day after the Nifty50 index ended the November series with a loss of 321 points or 1.8 percent. That was the biggest fall in a monthly series since March 2021. The leaner, 30-scrip index Sensex lost 1,189.6 points — or two percent — during this period. The Nifty’s November-December rollovers are at 82.6 percent as against a three-month average of 81 percent. (Read more on the monthly derivatives series)

08:42:19 IST

Listing | Tarsons Products shares to list on BSE, NSE today

Tarsons Products is set to list its shares on stock exchanges today at 10 am. Kolkata-based life sciences company Tarsons Products commanded a premium in the grey market — an unofficial market for unlisted securities — ahead of its debut in the secondary market on Dalal Street.

Tarsons Products’ grey market premium (GMP) was steady at around Rs 180 on Friday ahead of the debut, according to dealers. (What grey market suggests ahead of Tarsons listing)

08:18:13 IST

Nifty50 likely to begin December F&O series lower

The market is set to begin a new futures & options series on Friday. The 50-scrip index ended the November F&O series 1.8 percent lower — the first negative return in four months. The Bank Nifty tumbled 5.4 percent.

07:56:38 IST

Asian shares tumble as new COVID-19 variant spooks investors

Equities in other Asian markets fell as a new virus variant added to concerns about growth and interest rates going forward. MSCI’s broadest index of Asia Pacific shares outside Japan was down 0.8 percent in early hours.

Japan’s Nikkei 225 index tumbled 2.3 percent. China’s Shanghai Composite was down 0.4 percent, South Korea’s KOSPI down 0.8 percent, Hong Kong’s Hang Seng down 1.7 percent and Singapore’s Straits Times down 1.1 percent.

S&P 500 futures were down 0.6 percent in Asian trade on Friday. Wall Street remained shut on Thursday for the Thanksgiving holiday.

07:55:46 IST

Sensex jumped 454 points to 58,795 on Thursday, Nifty50 climbed to 17,536

Indian equity benchmarks ended a choppy session stronger powered by gains in oil & gas, IT and pharma shares, though losses in financial and auto scrips limited the upside. Volatility prevailed as traders rushed to settle their positions ahead of the monthly F&O expiry due by the end of the session.

The Sensex ended 454.1 points or 0.8 percent higher at 58,795.1 and the broader Nifty50 benchmark settled at 17,536.3, up 121.2 points or 0.7 percent from its previous close. 

07:32:20 IST

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