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Mumbai: After Israel's aggressive military action on Hamas, Hezbollah, once again a major attack by Israel on Iran due to Hamas firing rockets on Israel, Crude oil prices increased with Hurricane Milton and on the other hand, India Saying goodbye to China, Indian stock markets today saw many shares fall amid high voltage volatility as the mega relief-stimulus package prepares for massive foreign investment inflows into Chinese markets. Banking-finance, capital goods, consumer durables, metal-mining, oil-gas, healthcare stocks led the losses with a wide gap in small- and mid-cap stocks. The funds were buying only IT stocks. There has been a massive decline of Rs 25.94 lakh crore in the last five trading days with investors' wealth in stocks falling further by Rs 8.90 lakh crore in the last five trading days. Foreign funds also made huge net sales of shares worth Rs 8,293 crore today. After the market remained closed for a week in China for Golden Week, speculators are eyeing the opening today.
Sensex 962, Nifty fell 320 points in intra-day.
High voltage fluctuations were seen in Sensex and Nifty. The Sensex initially showed two-way volatility of 250 to 300 points, rising as high as 82137.77 and at one point falling back to a low of 962.39 points at 80726.06. At the end of the turmoil, it had fallen 638.45 points to close at 81050. While the Nifty 50 spot index initially went up to 25143 with two-way fluctuations, at one point it fell 320.25 points to a low of 24694.35 and finally fell 218.85 points to close at 24795.75.
decline in bank shares
BSE Bankex witnessed heavy selling in banking-finance stocks today amid speculation ahead of the three-day Monetary Policy Committee (MPC) meeting of the Reserve Bank of India beginning today-Monday and decisions to be announced on October 9. The index declined. Closed at 57168.09, up 1226.23 points. Federal Bank fell by Rs 9.70 to Rs 769.80, Bank of Baroda fell by Rs 8.25 to Rs 242.30, IndusInd Bank fell by Rs 33.60 to Rs 1349.40, ICICI Bank fell by Rs 5.95 to Rs 5.95. 1233.10.
capital goods cadaco
Among capital goods stocks today, BSE Capital Goods Index fell 1508.86 points to close at 68792.24 as funds witnessed heavy losses. BHEL fell by Rs 10.85 to Rs 256.60, Kalpataru Power fell by Rs 49.60 to Rs 1299, Siemens fell by Rs 250.95 to Rs 7000, AIA Engineering fell by Rs 122 to Rs 4135, Bharat Forge fell by Rs 12.60 to Rs 4135. Falling 41.30 to Rs 1434.45, Honeywell Automation fell Rs 755.45 to Rs 47,400.
decline in metal stocks
Funds eased bullish trade today after China's recovery got a positive impact on metal-mining stocks from mega stimulus package. Vedanta fell by Rs 8.75 to Rs 500.15, Tata Steel fell by Rs 2.45 to Rs 164.30, JSW Steel fell by Rs 11.90 to Rs 1021.20. BSE Metal Index fell 766.48 points to close at 33511.14.
selling in oil shares
Oil India fell by Rs 25.20 to Rs 547.05, IOC fell by Rs 5.90 to Rs 162.75, ONGC fell by Rs 5.75 to Rs 289, Reliance Industries fell by Rs 32.85 to Rs 2740.95, BPCL fell by Rs 6.50 to Rs 334.95. come to Rs 0 Went. BSE Oil-Gas Index closed 726.47 points higher at 29782.58.
vendor frames only
Market conditions worsened as panic selling began in many small, mid-cap, cash stocks only to lead to seller coups. Of the total 4178 stocks traded on BSE, the number of losers was 3493 and the number of gainers was only 568.
FPI/FII selling worth Rs 8293 crore
FIIs witnessed huge net selling of shares worth Rs 8,293.41 crore in cash today on Monday. Thus, in five days of this week, foreign funds have made huge net purchase of shares worth Rs 48,805 crore. While DII-Domestic Institutional Investors made huge net purchases of Rs 13,245.12 crore in cash today.
Investors' wealth decreased by Rs 8.90 lakh crore to Rs 451.99 lakh crore.
Amid volatility, Nifty continued to fall with wide gaps in Sensex, A group, small, mid cap stocks, investors' wealth i.e. total market capitalization of BSE listed companies also increased from Rs 8.90 lakh crore to Rs 451.99 in a day. Done. Lakh crores gone today. Thus, in five trading days, investors' wealth has increased from Rs 477.93 lakh crore on September 27 to Rs 25.94 lakh crore.
Nifty's share in NSE's market capitalization is at a 25-year low
The share of Nifty 505 companies in the total market capitalization of companies listed on the National Stock Exchange (NSE) has fallen to a 25-year low due to increased investor attraction and abundance in mid-cap and small-cap stocks. Public issues in the primary market in recent years in the Indian stock markets.
From FY 2021 to FY 2024, the share of top 50 Nifty companies in NSE has decreased from 58.9 percent to 46.6 percent. The trend continued this year too, with the total market capitalization of NSE Nifty companies at the end of August 31 standing at Rs 461.10 lakh crore, exchange data showed. In four and a half years, the market capitalization of Nifty 50 companies has increased by 77 percent, while the market capitalization of smaller companies has increased by 192 percent. The top 100 companies in terms of market cap on NSE are considered large cap. Shares of the next 150 companies are considered mid-cap companies, from 101 to 250 companies, and from 250 to 500 companies are considered small-cap companies.
The market cap of top 50 companies has increased by 77 percent, while the market cap of mid cap stocks has increased by 152 percent, the market cap of small cap companies has increased by 219 percent and the market cap of 250 micro cap stocks has increased by 334 percent. The market cap of small companies has also increased by 269 percent.