Thank you, readers! That's all from CNBC-TV18.com's live market coverage on February 24, 2022. Stay tuned for other updates on our website: CNBCTV18.com.

You can follow us on Twitter: @CNBCTV18Live @CNBCTV18News

And on Facebook, LinkedIn, Instagram and Telegram

Download our mobile app for Android and iOS platforms

Catch latest from CNBC-TV18's coverage of Russia-Ukraine war

Feb 24, 2022 6:42 PM

Russia-Ukraine war | Fear index India VIX hits 20-month high

As heightened geopolitical tensions sent global markets tumbling, Dalal Street's own gauge of volatility hit the highest level recorded in more than 20 months. The NSE's India VIX index - also known in market parlance as the fear gauge - surged 32 percent to finished the day at 30.3, having almost touched 34 during the session. (Read more on india VIX)

Feb 24, 2022 6:41 PM

Worst day for Sensex, Nifty50 in nearly 21 months after Russia invades Ukraine

Both headline indices saw their biggest single-day plunge (in percentage terms) since May 4, 2020. All of the NSE's sectoral indices finish the day deep in the red. (Besides the Russia-Ukraine war, here's what else is hurting the bulls)

Catch latest from CNBC-TV18's coverage of Russia-Ukraine war

Feb 24, 2022 6:17 PM

Market Crash | Dos and don’ts for first-time investors sitting on losses

For those who have been in the stock market for less than two years, the massive one-way slide in prices over the last seven sessions would have come as a shocker. That is because till recently, any fall was short-lived and ‘buy on dips’ seemed to be a sure-shot way of making money. But not any longer. (Read more)

Feb 24, 2022 5:57 PM

Time to enter the market partially: Dinshaw Irani

Dinshaw Irani, CIO at Helios India, believes the time is right for investors to get into the market partially, and to start maximising equity gains. "You can maximise the returns when you can get in when the market is correcting," he says.

Feb 24, 2022 5:42 PM

Market Crash | Keep cash in hand in case market correct 5-10%, says Nilesh Shah

Nilesh Shah of Envision Capital believes it will be good to keep some cash in hand in case the market corrects further. “There could be another 5-10 percent decline in the next few days given the uncertainty we are seeing... It is something which cannot be entirely factored in. So one should keep some powder dry,” he tells CNBC-TV18. (Read more)

Feb 24, 2022 5:20 PM

Market At Close | Sensex, Nifty extend losses to 7th day amid global sell-off As Russia invades Ukraine

Here are some highlights:

--Sensex, Nifty see biggest fall since May 2020

--BSE-listed cos' mcap declines by over Rs 13 lakh crore, to level last seen in Aug 2021

--Nifty Bank, midcap indices slide 6 percent

--Market breadth in favour of bears; advance-decline ratio at 1:21

--Half of Nifty stocks now down over 20 percent from 52-week highs

--Midcap stocks see sharp cuts; Indus Towers top loser, down 18 percent

--RBL, PNB, NBCC, Rain Industries, Indiabulls Housing fall over 10 percent

--ONGC fails to hold on to day's gain despite sharp move in crude oil

--Hindalco erases day's gain despite aluminium hitting record high

Feb 24, 2022 4:56 PM

Tata Motors, IndusInd, UPL, Grasim, JSW Steel top blue-chip laggards

Adani Ports, BPCL, Tata Consumer, Hero MotoCorp and Axis Bank also among the top losers.

Here's how the 30-scrip basket fared:

Feb 24, 2022 4:38 PM

Closing Bell: Sensex slumps 2,700 points, Nifty below 16,300

S&P BSE Sensex settled near the day's low level at 54,530, down 2,702 points. On the NSE, the Nifty50 gave up 16,250 level to end at 16,248, down 815 points.

Feb 24, 2022 3:42 PM

Nifty Pharma index shed 3.7 percent dragged by the Strides Pharma Science, Cadila Healthcare, Granules India

Feb 24, 2022 3:27 PM

Crude’s rally may have only just begun; prices poised to go higher: Navneet Damani, Motilal Oswal Financial Services

Putin’s latest move could provoke the full onslaught of US and EU sanctions, which could bring Russian energy supplies to Europe in the crosshairs. Should the Kremlin cut off gas exports to Europe, all the world’s gas producers put together do not have the spare capacity to plug the gap. OPEC+ has some spare capacity, but it is in oil. Whether it will deem it prudent to release it and how quickly it could unleash the barrels is a question mark. SPR releases could help, but again, those are oil, not gas. Iran deal could help, but that too is oil and the entire 1.3 million b/d of additional capacity locked out by US sanctions may not be able to ramp up quickly.

Feb 24, 2022 3:24 PM

Crude trajectory key to watch out for: Vijay Chandok, ICICI Securities

While the escalated war situation between Russia/Ukraine has led to a sharp cut in key equities across the globe, we believe crude trajectory will be the key to watch out for going ahead, said Vijay Chandok - MD & CEO, ICICI Securities.

“We don’t expect major sanctions which may drive a big spike in crude, equally harming Europe and US, or even in terms of aggressive rate hike leading to slower economic growth. We, thus, believe that market stabilisation is likely in the short term. Nonetheless, medium to long term thesis on Indian equities remain intact amid economic recovery as reflected by key macroeconomic indicators, strong capex spending and robust corporate earnings (Nifty earnings growth likely at 21.5 % CAGR over FY21-24). We continue to see this correction as an opportunity for the investors to add on the companies with sustainable growth visibility, Chandok added.

Feb 24, 2022 3:18 PM

Indian benchmark indices extend selling in final hour of trading

Nifty breached 16,400 and Sensex is down over 2,400 points. About 212 shares have advanced, 3002 shares declined, and 51 shares are unchanged.

Feb 24, 2022 3:15 PM

Will start to play India recovery theme now: Mihir Vora

Mihir Vora, Director and CIO at Max Life Insurance, says he will start to play the India recovery theme now. There have been underperformers in the investment, financial, auto and consumer discretionary spaces for the past couple of years, he says.

"But now, hopefully, oil will stabilise and at some point of time, it won’t be at $120-130/bbl. If all that happens and the currency stabilises, the India domestic sectors are the sectors to play, like financials, automobiles and construction,” Vora adds.

Feb 24, 2022 2:47 PM

Rupee likely to trade with depreciation bias amid geopolitical tensions: Sugandha Sachdeva

Sugandha Sachdeva, Vice President-Commodity and Currency Research at Religare Broking, says the rupee is on a steep downhill path, reeling under pressure in tandem with other emerging market currencies as the Ukraine crisis unfolds. "Risk sentiments have soured as a comprehensive military assault by Russia is underway in Ukraine. This has led to steep gains in the safe-haven greenback and crude oil prices owing to supply worries, dragging domestic equities. Looking ahead, the Indian rupee is likely to trade with a depreciation bias as geopolitical tensions aggravate. It can test levels of close to 76.10 against the dollar," she adds.

Feb 24, 2022 2:34 PM

Load more