Stock market crash: The S&P BSE SENSEX tumbled as much as 1,073.48 points, or 1.4%, to 73,538.95, while the broader NIFTY50 index of the NSE slipped up to 327.55 points, or 1.45%, to 22,217.50 levels.

Tata Consultancy Services Ltd (TCS) dropped as much as 4.3% on Friday to hit their 52-week low of ₹3,457 apiece on the National Stock Exchange of India (NSE). This marks the fourth straight session of decline for the TCS stock.

The losing streak that started in October has led to a 15% decline in the NIFTY50 from the record high of 26,277.35 it touched on September 27.

Swasth Foodtech share price: As the listing price was the same as the issue price, investors who were allotted shares in the IPO did not make any gains after the stock started trading in the secondary market. Within minutes of trade, the stock price fell 5% to hit the lower circuit limit of ₹89.3 apiece.

On Friday, the 24K gold slipped to ₹87,370 per 10 grams and the 22K gold to ₹80,090 per 10 grams. Silver prices moved in a tight range and slipped by ₹100 to ₹97,900 per kg in major Indian cities.

International Gemmological Institute (IGI) shares debuted on December 20 at ₹510 a unit on the NSE, a premium of 22.3% over the issue price of ₹417 per unit. It listed at 21.07% on the BSE.

SEBI has proposed measures to enhance risk monitoring in the equity derivatives market, including real-time monitoring of Futures & Options Open Interest, new exposure limits, and changes to position limits for better risk management.

The Indian rupee rose by 1 paisa to ₹86.67 against the US dollar in early trade on Monday, supported by a weaker dollar. However, losses in domestic equities, a drop in forex reserves, and sustained FII outflows capped further gains.

"Amid the backdrop of moderating earnings growth, mounting global headwinds, and stretched valuations, we see reasonable valuations in large caps and select SMIDs and have modest expectations for the markets," says Anil Rego, founder and fund manager at Right Horizons PMS.

As per the data, equity-oriented schemes witnessed an inflow of ₹34,419 crore in September, the lowest level since April, when equity schemes saw investments of ₹18,917 crore.

The Finance Ministry is seeking public opinion on a draft bill to replace the 80-year-old Central Excise Act, which came into force in 1944. The new bill is likely to be passed in the upcoming budget session. Replacement of the archaic bill will ensure ease of doing business and bring more transparency.