Sensex Today | Stock Market LIVE Updates: Nifty extends losses to 500 points; 2,300 stocks trade with losses

Ajit Mishra, SVP-Research, Religare Broking

Rain Industries extends losses, now down over 10% on key raw material supply disruptions from West Asia.

Market at day’s low, frontline indices are down 2% each, Rupee at day’s low. All sectoral indices are trading in the red, Nifty Metal is now down over 4%

The shares of Bajaj Hindustan surged by over 10% as sugar stocks surged.

At 12:00, the major indices are largely in red

Along with other Sugar-related stocks, Dwarikesh Sugar shares also surged over 9%.

Days after the owner of ChatGPT reached an agreement with the Pentagon, a person familiar with the situation stated on Tuesday that OpenAI is considering a contract to use its AI technology on the “unclassified” networks of the North Atlantic Treaty Organisation (NATO).

Mukul Kochhar, Head Equities, Investec Capital Services On CNBC-TV18

Chandan Taparia, Head Derivatives & Technicals, Wealth Management, Motilal Oswal Financial Services

Shree Renuka shares have recovered from the lows of the day, and are now up 7%

Balrampur Chini shares surge over 7%

Nifty extends losses to 500 points; 2,300 stocks trade with losses

Dhiraj Nim, Australia & New Zealand Banking Group On CNBC-TV18

Rupee at record low of 90.19 against US Dollar

-> Over 20% gone in 2 days

-> Worst drop since 2001

-> Authorities preparing KRW 10T market stabilisation fund

-> Bank of Korea could conduct KTB purchases

-> A potential fuel tax cut could also be in play

-> USDKRW fell -1.2% before recovering some to -0.7%

MRF signs non-binding MoU with Tamil Nadu govt to set up mfg unit, investment at ₹5,300 vr over 12 years, to generate employment for approx. 1,000 persons

– 44 Nifty stocks trade with losses

– 91 Nifty 100 stocks trade with losses

– 93 Midcap 100 stocks trade with losses

– 85 Smallcap 100 stocks trade with losses

Airtel stock recovers from lows as the market remains under pressure

According to a private-sector survey released on Wednesday, China’s manufacturing activity increased at the quickest rate since December 2020 in February due to strong demand that boosted manufacturers’ confidence.

MK Surana, Former CMD, HPCL

Navdeep Suri, Former Ambassador

Nagaraj Shetti, Senior Technical Research Analyst, HDFC Securities

PMI Data | India Feb Services At 58.1 Vs 58.5 (MoM)

India Feb Composite PMI At 58.9 Vs 58.4 (MoM)

As the Nifty trades with a 500-point decline, these are the biggest contributors to the overall decline.

IndiGo Says | Over 500 Flights To Middle East & Select Intl Destinations Cancelled From Feb 28-Mar 3

Over 500 Flights Intl Destinations Cancelled Due To Ongoing Tensions In West Asia

Sunil Vaswani, Executive Director, Container Shipping Lines Association

Reliance Industries shares are trading with a dip of 1%, but it also recovered from lows.

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Sensex Today | Stock Market LIVE Updates: Nifty extends losses to 500 points; 2,300 stocks trade with losses