Big difference of 790 points in Sensex while 247 points in Nifty

Mumbai: After analysts and experts raised a red flag in recent times about overvaluation of many small and mid-cap stocks, i.e. trading at higher prices, capital markets regulator SEBI has also sensibly advised small and mid-cap stocks to trade before the potential risk. The assets of cap funds are protected. flood. Shares in Indian stock markets were in general decline today as managers were instructed to provide more information to their investors about the risks associated with funds. At the same time, panic selling in many penny stocks only left sellers' boards swinging. Small, mid-cap stocks witnessed a big fall today after the big fall on February 12, 2024.

Market breadth is very poor

Market sentiment was soured by fund selling in heavyweight-frontline Sensex, Nifty shares and several A group shares. Sensex, Nifty started falling due to decline in auto, banking, metal, oil-gas, healthcare, realty, FMCG stocks. In the end, Sensex fell 790.34 points to close at 72304.88 and Nifty fell 247.20 points to close at 21951.15. Market sentiment turned extremely negative today due to selling in many small, mid-cap, A group, cash stocks amid speculations that operators and funds are bearish. Out of total 3921 scrips traded on BSE, the number of declining shares was 3002 and the number of gainers was only 844.

Biggest gap in auto stocks

With today's biggest fall in shares of automobile companies, BSE Auto Index closed at 46732.43, falling 936.43 points. Eicher Motors fell by Rs 137.10 to Rs 3865.45, Bajaj Auto fell by Rs 288.95 to Rs 8173.45, Maruti Suzuki fell by Rs 352.25 to Rs 11,150.60, Mahindra & Mahindra fell by Rs 52.30 to Rs 8173.45. .1901, Ashok Leyland fell by Rs 4.65 to Rs 169.40, Balkrishna Industries fell by Rs 58.25 to Rs 2230.80, Apollo Tires fell by Rs 10.95 to Rs 506.95, Bosch fell by Rs 564.70 to Rs 28,314.25, TVS Motor fell by Rs 40.05 to Rs 2093.50, Cummins India Fell by Rs 45.55 to Rs 2706.85 But, MRF fell by Rs 1299.40 to Rs 1,45,877.30.

Rise in oil PSU shares

The BSE oil-gas index fell 619.82 points to close at 27,634.75 as gains in oil-gas PSU stocks faded as funds led heavy selling in other stocks. HPCL fell by Rs 16.10 to Rs 513.55, IOC fell by Rs 4.10 to Rs 169.15, Adani Total Gas fell by Rs 22.65 to Rs 1024.75, Petronet LNG fell by Rs 5.10 to Rs 276.20, Reliance Industries fell by Rs 43.45 to Rs 2926.95, BPCL fell by Rs 4. 620.85 Came to Rs.

Bankex lost 669 points

Among banking-finance stocks today, BSE Bankex index fell 669.27 points to close at 52222.50 as funds fell sharply. Bank of Baroda fell by Rs 6.60 to Rs 263.65, IDFC First Bank fell by Rs 1.97 to Rs 81.35, AU Small Finance fell by Rs 11.80 to Rs 578, IndusInd Bank fell by Rs 27.90 to Rs 27.90. 1465, ICICI Bank fell by Rs 11.85 to Rs 1048.50. With this, PNB Gilts fell by Rs 6.85 to Rs 108.50, Caffeine Tech fell by Rs 39.80 to Rs 678.10, General Insurance fell by Rs 20.70 to Rs 386.80, Motilal Oswal fell by Rs 87.65. It was reduced to Rs 1650.

Healthcare stocks fell

Today, BSE Healthcare index fell 354.75 points to close at 35318.19 due to widespread selling in healthcare-pharma stocks. Syncom Formulations fell by 71 paise to Rs 14.19, Healthcare Global fell by Rs 18.05 to Rs 368.50, Supriya Life fell by Rs 16.50 to Rs 341.95, Piramal Pharma fell by Rs 6.05 to Rs 1300.90, Wockhardt fell by Rs. From Rs 24.70 to Rs 578.20, Strides Pharma fell by Rs 32.95 to Rs 773.30.

Fall in realty shares

Today, due to heavy selling by funds in shares of realty companies, BSE Realty Index fell 155.87 points and closed at 7181.63. Shobha Developers fell by Rs 82 to Rs 1539.85, Godrej Properties fell by Rs 94 to Rs 2400.50, Swan NG fell by Rs 27.10 to Rs 726.60, Oberoi Realty fell by Rs 48.20 to Rs 1334.95. Phoenix Mills fell by Rs 83.40 to Rs 2741.50, Macrotech Developers fell by Rs 32.90 to Rs 1117.10.

Huge decline in investors' wealth

Due to panic selling in many stocks, investors' wealth i.e. the total market capitalization of BSE listed companies declined by Rs 6.02 lakh crore in a single day to Rs 385.97 lakh crore.

DII purchases worth Rs 1827 crore

FIIs made net sale of Rs 1879.23 crore in cash today. There were sales of Rs 12,938.14 crore against total purchases of Rs 11,058.91 crore. Whereas DII-Domestic Institutional Investors made net purchase of shares worth Rs 1827.45 crore today. There were sales of Rs 8297.52 crore against total purchases of Rs 10,124.97 crore.

12, February Small, midcap stocks lost Rs 4,79,228 crore

Let us tell you here that today, due to the big difference in the shares of small and mid cap companies, finally on February 12, 2024, the BSE Small Cap Index fell by 1443.52 points or 3.16 percent. At the same time, due to all-round selling in BSE midcap shares, BSE Midcap index fell by 1038.43 points i.e. 2.62 percent. On that day, there was a huge decline of Rs 4,79,228 crore in the wealth of investors in small and midcap stocks. Whereas the total market cap of the market (group of companies listed in BSE). Rs 7,52,465 crore was laundered.

Loss of Rs 1,33,361 crore in assets of midcap investors

As a result of heavy selling by players in funds and mid-cap stocks, the BSE Mid-Cap index closed at 39019.19, down 724.47 points or 1.82 per cent. Investors' wealth in midcap stocks i.e. total market capitalization of BSE midcap stocks fell to Rs 64,62,487.95 crore today compared to Rs 65,95,849.22 crore yesterday. Which was a huge shortfall of Rs 1,33,361.27 crore in one day. Of the 124 stocks included in the BSE Mid Cap index, the number of declining stocks was 107 and only 17 stocks advanced. Finally, on 12 February 2024, mid-cap stocks made a big difference.

Loss of Rs 1,35,208 crore to the property of those investing in small cap shares.

The BSE Small Cap index fell 890.41 points or 1.94 per cent to close at 44,998.14 today as a result of universal decline in small cap stocks. The wealth of investors in small cap shares i.e. the market capitalization of BSE small cap shares decreased from Rs 70,33,650.79 crore to Rs 68,98,442.33 crore today. That means a huge deficit of Rs 1,35,208.46 crore was recorded in one day. Out of 946 stocks included in the BSE Small Cap Index, 837 stocks declined today, while 108 gained. Finally, on February 12, 2024, small cap stocks made big difference.