Mumbai: Iran attacked Israel with drones and missiles in revenge after the attack by Israel near Iran's embassy in Syria, geopolitical tension increased due to the standoff between the two countries, tremors were felt in global markets. And there was massive destruction. Indian stock markets crashed due to sale of foreign funds worth Rs 3268 crore. Of course, on the hope that diplomatic efforts can stop the rift between the two countries, the decline in global markets has stopped and despite the IMD's forecast that Monsoon in India this year will be better than normal, leading to panic selling. In the Indian stock markets today, funds and experts tried to dump the shares. Banking-Finance, IT-Software Services, Technology Stocks, Automobile, Consumer Durables, Capital Goods-Power, FMCG, Healthcare stocks were the major losers. Whereas there was selective buying in oil-gas shares. Sensex fell 845.12 points to 73399.78 and Nifty fell 246.90 points to 22272.50. Along with the recovery in the American markets, the markets of Israel and Saudi Arabia also remained positive in the evening futures trading.
Bankex falls 850 points: ICICI Bank, BOB, IDFC First Bank fall
Among banking-finance shares, BSE Bankex index fell 850.83 points to close at 54033.54 as funds reduced overbought positions today. ICICI Bank fell by Rs 26.15 to Rs 1078, Bank of Baroda fell by Rs 6.05 to Rs 261.80, IDFC First Bank fell by Rs 1.63 to Rs 82.72, HDFC Bank fell by Rs 23.95 to Rs 1494.05, Axis Bank fell by Rs 16.50 to Rs 1057.10, Indian State The price of Bank decreased by Rs 9 to Rs 757.75, the price of IndusInd Bank decreased by Rs 17.05 to Rs 1538.80.
IFCI, Jio Financial, Mahindra Finance, Paisalo, PNB Housing collapsed.
Heavy selling was witnessed today by funds in financial services, banking and other stocks. IFCI fell by Rs 3.11 to Rs 42.05, Indyne Renewable fell by Rs 8.65 to Rs 158.55, Jio Financial fell by Rs 17.95 to Rs 354.40, Paisalo Digital fell by Rs 3.69 to Rs 78.53, Central Bank fell by Rs 2.61 61.29 At Rs, PNB Housing Finance fell by Rs 30.95 to Rs 733.05, JK Bank fell by Rs 5.50 to Rs 132.15, Balmer Investments fell by Rs 26.80 to Rs 650.25, Ujjivan Small fell by Rs 2.11 to Rs 51.75.
Capital Goods Index down 929 points: Suzlon, GMR, Rail Vikas, ABB, BHEL Gabadya
Even in capital goods-powered stocks, funds booked profits today as the BSE Capital Goods index fell 929.29 points to close at 61322.44. Suzlon NG fell by Rs 1.51 to Rs 40.69, GMR Airport fell by Rs 2.96 to Rs 80.74, Rail Vikas fell by Rs 9 to Rs 251, ABB India fell by Rs 189.45 to Rs 6559. AIA Engineering fell by Rs 106.95 to Rs 3811.50, LG Equipment fell by Rs 17.40 to Rs 627.70, Larsen & Toubro fell by Rs 77.35 to Rs 3600.85, BHEL fell by Rs 05 to Rs 256.40. Siemens fell by Rs 109.10 to Rs 5467.45.
IT index falls by 565 points: Sasken falls by Rs 94 to Rs 1526: Datamatics, Tanla losers
Today, BSE IT index fell 564.56 points to close at 35217.10 due to heavy selling in IT-software services, technology stocks. Saskan Technology fell by Rs 94.25 to Rs 1526.65, Datamatics fell by Rs 33.50 to Rs 606.10, Vakrangi fell by Rs 1.06 to Rs 23.84, Coforge fell by Rs 1.06 to Rs 23.84. Rs 393.70, Zensar fell by Rs 18.40 to Rs 590.90, Genesis fell by Rs 19.70 to Rs 643.80.
Reselling in fund healthcare stocks: Indraprastha Medi, Sun Pharma Advance, Sigachi, Panacea Biotech fall
Due to heavy trading in funds of healthcare-pharmaceutical companies today, BSE fell by 378.92 points and closed at 34882.92 points. Indraprastha Medi fell by Rs 14.95 to Rs 225.20, Sun Pharma Advance fell by Rs 20.45 to Rs 389.10, Sigachi fell by Rs 3.05 to Rs 63.26, Panacea Biotech fell by Rs 6.35 to Rs 137.75, Max Health fell by Rs 36.85 to Rs 832.60, Copan fell by Rs 9.80. after falling It fell by Rs 260.20, Metropolis fell by Rs 64.05 to Rs 1777.45, Vimta Lab fell by Rs 19.70 to Rs 459.10.
Auto index falls 440 points: TVS Motors falls Rs 46 to Rs 1999: Eicher, Tata Motors fall
BSE Auto index fell 440.26 points to close at 49292.08 as funds reduced overbought positions in automobile companies. TVS Motors fell by Rs 46.40 to Rs 1999.35, Eicher Motors fell by Rs 90.05 to Rs 4214.85, Tata Motors fell by Rs 19.65 to Rs 998.70, MRF fell by Rs 2002.70 to Rs 1,29,459.60. Apollo Tires fell by Rs 2.85 to Rs 175.50, Hero MotoCorp fell by Rs 61.90 to Rs 4380.45.
Shares rose by Rs 14 after Jefferies gave ONGC a 47 per cent growth target.
Oil and Natural Gas Corporation-ONGC was given a buy advisory by global broking giant Geoffrey, which gave the stock a price target of Rs 390 with 47 per cent upside in the next 12 months and the stock rose by Rs 14.10 to Rs 279.75. Buying. With this, Indraprastha Gas increased by Rs 7.30 to Rs 470.30, GAIL increased by Rs 2.60 to Rs 203.75. Whereas Adani Total Gas fell by Rs 22.10 to Rs 926.35, HPCL fell by Rs 11.05 to Rs 467.35, IOC fell by Rs 3.75 to Rs 166.50.
US, UK sanctions on Russian steel: Hindalco, Jindal rise: SAIL, Tata Steel fall
There was a mixed trend in metal stocks today amid the impact of rising steel prices globally amid reports of US and UK sanctions on Russian steel and metal. SAIL fell by Rs 4.40 to Rs 151, Tata Steel fell by Rs 2.60 to Rs 160.90, JSW Steel fell by Rs 7 to Rs 859.40, Vedanta fell by Rs 2.55 to Rs 894.80. While Hindalco rose by Rs 15.10 to Rs 612.65, Jindal Stainless rose by Rs 8 to Rs 690.70, NMDC rose by Rs 2.35 to Rs 241.10.
Market condition is very bad as small, mid cap stocks gapped again: 3043 shares closed negative
As a result of Iran-Israel confrontation, small, mid-cap, cash stocks witnessed massive selling by funds, players, high net worth investors today along with Sensex, Nifty based pulses and market condition turned very sour. . Of the total 4049 stocks traded on BSE, the number of gainers was 877 and the number of decliners was 3043.
Investors' wealth in stock-market cap. Rs 5.19 lakh crore flowed to Rs 394.48 lakh crore
Strong rise for the second consecutive day based on Sensex, Nifty, prices of many shares fell due to widespread selling in A Group, small and midcap shares, investors' wealth i.e. market capitalization of listed companies decreased in BSE today by Rs 5.19 lakh crore in a day. Up to Rs 394.48 lakh were lost.
Net sale of shares by FPI/FII was Rs. 3268 crore: Net purchases by DIIs are Rs. 4763 crores
Foreign portfolio investors – FPIs, FIIs made a net sale of shares worth Rs 3268 crore in cash today-Monday. There were sales of Rs 13,771.55 crore against total purchases of Rs 10,443.55 crore. While DII-Domestic Institutional Investors made net purchases of shares worth Rs 4762.93 crore in cash today. There were total sales of Rs 8815.66 crore against total purchases of Rs 13,578.59 crore.