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Stock market collapsed under global pressure, big fall in Sensex and Nifty | News India

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New Delhi, 3 October (Hindustan Reporter). Due to the ongoing tension in the Middle East and the new rules of Futures and Options, the domestic stock market fell victim to a big fall today. Today's trading also started with tremendous weakness. However, after the market opened, buyers tried to create buying pressure. With the support of buying, the position of both Sensex and Nifty indices improved to a great extent, but after the first half hour of trading, there was selling pressure on the market once again. Due to all-round selling, both the indices continued to fall. After the entire day's trading, Sensex closed with a weakness of 2.10 percent and Nifty with a weakness of 2.12 percent.

During the day's trading today, all sectoral indices closed in the red with weakness. Among these, shares of realty, banking, capital goods, infrastructure, automobile and industrial sectors witnessed maximum selling. Similarly, Oil & Gas, Energy, Public Sector Enterprise, IT, Consumer Durables, FMCG, Healthcare, Metal and Tech indices also closed with a decline. There was all-round selling in the broader market today, due to which the BSE midcap index fell victim to a huge fall of 2.27 percent. Similarly, the Smallcap index ended today's trading with a weakness of 1.84 percent.

Today, due to weakness in the stock market, the wealth of stock market investors reduced by more than Rs 9.5 lakh crore. The market capitalization of BSE listed companies declined to Rs 465.25 lakh crore (provisional) after today's trading. Whereas on the last trading day i.e. Tuesday, their market capitalization was Rs 474.86 lakh crore. In this way, investors suffered a loss of about Rs 9.61 lakh crore from today's trading.

Today, there was active trading in 4,076 shares in BSE in the day's trading. Of these, 1,120 shares closed with gains, while 2,866 shares were in decline, while 90 shares closed without any movement. There was active trading in 2,517 shares in NSE today. Of these, 495 shares closed in the green mark after earning profit and 2,022 shares closed in the red mark after incurring losses. Similarly, out of 30 shares included in Sensex, only 1 share closed with gains and 29 shares closed with decline. Whereas out of 50 shares included in Nifty, only 2 shares closed in green mark and 48 shares closed in red mark.

BSE Sensex opened today at 83,002.09 points with a weakness of 1,264.20 points. As soon as trading started, buyers made buying efforts, due to which within a short time the index recovered about 750 points from the opening level and reached 83,752.81 points. However, after the first 20 minutes of trading, all-round selling started in the market, due to which the index started falling rapidly. Due to continuous selling, this index fell by 1,832.27 points to 82,434.02 points shortly before the end of today's trading. After the day's buying and selling, the Sensex closed at 82,497.10 points with a weakness of 1,769.19 points.

Like Sensex, NSE's Nifty also started trading today at 25,452.85 points, falling by 344.05 points. Due to buying momentum as soon as the market opened, this index recovered by more than 180 points in a short time and reached 25,639.45 points. However, the buying pressure in the market could not last long. After some time, selling pressure started building up, due to which the movement of this index started falling sharply. Due to continuous selling, this index fell by 566.60 points to reach the level of 25,230.30 points shortly before the end of today's trading. Due to last-minute buying due to intra-day settlement, Nifty recovered about 20 points from the lower level and closed at 25,250.10 points with a fall of 546.80 points.

After the entire day's trading, among the stock market giants, only JSW Steel and ONGC joined the list of gainers with a gain of 1.15 percent and 0.03 percent. On the other hand, BPCL fell by 5.27 per cent, Shriram Finance by 4.51 per cent, Larsen & Toubro by 4.27 per cent, Axis Bank by 4.15 per cent and Tata Motors by 4.09 per cent joined the list of today's top 5 losers.