Latest Stock Market News

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.

For the immediate short term from hereon, it would be extremely crucial for the index to defend the 16,000-16,150 support zone to avoid any incremental weakness.

Sebi had carried out an investigation in the matter of Unpublished Price Sensitive information (UPSI) in the scrip of Infosys to ascertain if market norms, including the Prohibition of Insider Trading (PIT) regulations, were violated.

According to block deal data available with the BSE, Merrill Lynch sold 4,80,440 shares at an average price of Rs 714.65 apiece, taking the transaction size to Rs 34.33 crore.

The local gauge closed at 7.30% versus 7.47% Monday. When bond yields fall, prices rise.

Global bond sales have dried up for now as the US Treasury benchmark, a global rate gauge, surged as much as 3.2 per cent amid inflation fear.

The Dow Jones Industrial Average rose 258.4 points, or 0.80%, at the open to 32504.09.

Nippon India Small Cap Fund, Kotak Mahindra Life Insurance Company Ltd & India SME Investments - Fund I are among the investors that participated in the anchor book.

The decision has been taken after considering representations received from market participants and based on deliberations with various stakeholders.

Total crypto market value was at $2.2 trillion on April 2, well off of its all-time peak of $2.9 trillion in early November, as per CoinMarketCap.