Sensex falls 1000 points in March as US Fed signals rate hike, Nifty below 17,000

Overall, FII and retail inflows are expected to moderate in 2022.

Market Live: Major benchmark Sensex and Nifty opened in deep red with Nifty on Thursday amid weak global cues

  • Last Update:27 Jan 2022, 09:30 AM IST
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Major benchmarks Sensex and Nifty opened in deep red with Nifty on Thursday amid weak global cues as Federal Reserve Chairman Jerome Powell signaled rate hike at the March policy meeting.

At 09:16 IST, Sensex was down 989.82 points or 1.71% at 56868.33 and Nifty was down 291.30 points or 1.69% at 16986.70. About 603 shares have risen, 1524 shares have declined and 99 shares have remained unchanged.

Tech Mahindra, Nestle India, Wipro, Grasim Industries and HDFC Bank were among the major losers on the Nifty, while the only gainer was ONGC.

result today

In individual stocks, BHEL, Canara Bank, Colgate, GMDC, LIC Housing Finance, MapmyIndia, PNB, RBL Bank and Wockhardt are some of the companies that will announce December quarter results today.

ipo watch

In the primary market, the IPO of Adani Wilmar, a joint venture of the Adani Group, will be open for subscription. The company has raised Rs 940 crore from anchor investors. It plans to raise up to Rs 3,600 crore through fresh issue of equity shares. The price band has been fixed at Rs 218- 230.

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