The S&P BSE Sensex rallied more than 600 points to trade above 53,000, the NSE Nifty50 gained 171 points to sit comfortably above 15,800. Bank Nifty was also in the green.

Bitcoin (BTC) Price Prediction: Bitcoin, the world's largest cryptocurrency by market cap, has slipped to $20,000.

Federal Reserve Interest Rate Hike Decision: Federal Reserve chair Jerome Powell will announce the decision of a two-day policy meeting on Wednesday.

5G in India: As part of the process, a total of 72 gigahertz (GHz) of spectrum with a validity period of 20 years will be put to auction.

SBI Home Loan Interest Rate: SBI has revised by up to 0.20 per cent the MCLR, a move that will increase home, auto, and personal loan EMIs.   

Petrol, Diesel shortage: Rumours about fuel shortage started doing the rounds after long queues over the weekend were spotted at petrol pumps in Rajasthan, Uttarakhand and Gujarat.

Crypto market cap: The meltdown in the cryptocurrency market has erased tens of billions of dollars. The prices of Bitcoin and other crypto-assets have declined by 20 to 40% in the past seven days.

SBI and PNB announced to hike FD interest rate days after the RBI ramped up efforts to control excess liquidity from the banking system.

Rising prices of food items and crude oil pushed the WPI inflation to a new high of 15.08 per cent in May.

LIC made its market debut at a discount of 8.11 per cent at Rs 872 per share on May 17.

According to a tweet shared by the PMO India, Prime Minister Narendra Modi has directed all the departments and ministries to begin recruitment in mission mode.

Wall Street News, US Stock Market Crash: The higher rate of inflation has worried investors that the Federal Reserve may aggressively hike key rates. The Fed will announce its policy decision on Wednesday.

Equity benchmarks had another rough day on Monday as Sensex crashed 1,457 points and Nifty tumbled more than 400 points to settle at 15,774.

Sensex and Nifty crashed more than 2.50 per cent each tracking extremely weak global cues. The selloff eroded more than Rs 6.65 lakh crore of wealth.

Crypto Crash News Update: The global cryptocurrency market cap slipped to $1.04 trillion from $3 trillion around six months ago, according to data on CoinMarketCap on Monday morning.

LIC share is likely to remain under pressure this week as the lock-in period for anchor investors has ended.

Sensex and Nifty crashed more than 2.50% each tracking weak global markets and unrelenting foreign fund outflows.

When inflation remains above the tolerance level for a long time, it impacts the value of savings, thus decreasing the purchasing power of the money.

Cryptos and other virtual digital assets are unregulated in India and are considered extremely risky.

Equity benchmark Sensex and Nifty declined more than 1 per cent each in early trade on Friday.