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The decline in the Indian stock market, which started on September 27 due to the increasing tension between Israel and Iran and the announcement of China's economic package, continued for the sixth consecutive day today, as foreign investors pulled out investments from emerging markets including India and turned to China. And SEBI made strict rules in F&O trading and the indices also closed with a decline in total 4 sessions held so far in the month of October. In these four sessions, Sensex fell by a total of 3,249 points, while Nifty fell by 1,015 points and investors' wealth in these four sessions totaled Rs. There has been a loss of Rs 22.36 lakh crore. Of the 14 sector indices on the Nifty, the IT index was the only one to cap today's broader decline by closing 0.66 per cent higher, while the remaining 13 indices fell by 0.46 per cent to 3.65 per cent.
Earlier today, the Sensex opened 238 points higher and after maintaining strength for some time, the index started to decline and at one point it even went below the level of 81,000. After making an intra-day high of 82,137 and low of 80.726, the Sensex closed at 81,050, down 638 points or 0.78 per cent. Thus, the Sensex witnessed a total movement of 1,411 points during the day and from the record high of 85,978 made on September 27, the Sensex has lost a total of 4,928 points in just six sessions. On the other hand, Nifty also opened 70 points higher and after making a high of 25,143 in the initial session, Nifty made a low of 24,694 in the intra-day as the bearish phase started. In this way, after a total fluctuation of 449 points throughout the day, at the end of the day Nifty fell by 218 points or 0.87 percent and closed at 24,795. Thus Nifty lost the 25,000 level, while Sensex could barely maintain the 81,000 level. Nifty has also fallen 1,482 points from its all-time high of 26,277 in just 6 sessions. Of the 4,178 stocks traded on BSE today, only 568 advanced, while 3,493 declined and 117 closed flat. Today the market capitalization of companies listed on BSE is Rs. 451.99 lakh crore or $5.38 trillion, which was Friday's Rs. to Rs 460.89 lakh crore. There is a shortage of Rs 8.90 lakh crore. Out of 30 Sensex stocks, only 8 stocks closed with gains while out of 50 Nifty stocks, only 10 stocks closed with gains. Sensex fell 0.16 percent to 4.17 percent while Nifty fell 0.06 percent to 4.29 percent.
There was bloodshed in the broader market, with the mid-cap index falling 1.85 per cent, small-cap 3.27 per cent against the Sensex's 0.78 per cent fall.
In the broader market, the recession seemed to be over and mid-cap and small-cap stocks witnessed a bloodbath. After an intraday swing of 1,570 points, the BSE Mid-Cap index finally closed at 47,019, down 887 points or 1.85 per cent. On the other hand, BSE Small Cap index closed 1,827 points or 3.27 per cent lower at 54,117 after intraday volatility of 2,478 points.
SME IPO index fluctuated by 5,110 points, ended with a difference of 3,839 points
A sharp fall was seen in SME IPO shares today. Initially, the BSE SME IPO index opened with a jump of 260 points, but then amid sharp selling and heavy volatility the index saw a total intraday volatility of 5,110 points. At the end of the day the index fell 3,839 points or 3.75 percent to close at 98,550. Thus today this index again reached below 1 lakh. The index is now down a total of 16,441 points from the record high of 1,14,991.
Sensex fell by 4,521 points in six consecutive days of decline.
There has been a continuous decline in the Indian stock market since September 27 i.e. for the last 6 trading sessions and the indices have closed down. Earlier on September 26, the indices had closed on the rise. After that, in six sessions till Monday, Sensex has lost a total of 4,521 points while Nifty has lost 1,380 points.
Today everyone's eyes are on the movements of the Chinese stock market.
China's stock market rose after the announcement of an economic package to boost the economy. Following the Golden Week celebrations, the Chinese stock market was closed from 1 to 7 October. Now when the Chinese stock market is going to start functioning again from tomorrow, all eyes are on how the flow of FII investment will be in it, because after the announcement of economic package by China, foreign investors have left from other emerging markets including India. Withdrawals and stopping of investments have started. In Chinese market.
Stability in domestic gold and silver, mixed trend in global markets
Ahmedabad. Gold prices rose marginally in the international market due to modest consumption amid geopolitical tensions, while silver declined due to selling pressure. Precious metal prices remained stable amid lack of local demand. On the other hand, futures prices declined due to profit booking. In Ahmedabad on Monday, 24 carat gold per 10 grams was priced at Rs. 78,500 and 22 carat gold is Rs. 78,300 per 10 grams. Silver price Rs. The top price was set at Rs 92,000 per kg. In the global market, gold reached $ 2,656 per ounce as against $ 2,652. Spot silver fell to $31.87 an ounce as against $32.22. Late on Monday night, gold was trading down by $5 on Comex at $2,662.80 an ounce. On Comex, silver was down 55.4 cents at $31.84 an ounce. December domestic MCX gold futures at Rs. Below Rs 286. ₹76,143 per 10 grams. MCX Silver December Futures Rs. It fell to Rs 1,856. 93,349 per kg. Bullion experts said better-than-expected US jobs data reduced the chances of the Fed cutting interest rates. At present, the rise in bullion prices is due to the Middle East tension, which is being monitored by investors. Apart from this, due to increase in speculative selling, a mixed trend was seen in the market.