As early trends in election results signaled the PM Modi-led NDA was not nearing the 400-seat mark as predicted in the Exit Polls 2024, Sensex tanked 2,700 pts to 73,844 in deals earlier today. Nifty too slipped 769 to 22494 in early deals on Tuesday.
Here’s a look at today’s market crash in numbers:
Investors lose Rs 14 lakh crore
As recorded in the previous session, investor wealth was wiped out by Rs 14.27 lakh crore to Rs 411.64 lakh crore compared with a valuation of Rs 425.91 lakh crore. All Sensex stocks were trading in the red. L&T, PowerGrid, SBI, Reliance, NTPC, and HDFC Bank led the losses on Sensex, falling up to 4.86% in early deals.
48 stocks hit 52-week lows on BSE
As many as 63 stocks hit their 52-week highs today. In contrast, on early Tuesday, just 48 shares hit their 52-week lows on BSE in early deals.
Market breadth in red
703 stocks were trading in the green out of 2889 stocks. With 121 stocks remaining unchanged, around 2065 stocks were trading in the red.
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Capital goods, banking, and auto shares are top losers
All 19 sectoral indices were trading in the red on the BSE today. Capital goods, banking, and auto shares led the losses on Dalal Street today. BSE capital goods, banks, and auto indices fell 3,257 points, 1874 pts, and 1297 pts, respectively.
Upper circuits, Lower circuits
Around 57 stocks hit their higher circuits. On the other hand, 102 shares hit their lower circuit limits as the stock market zoomed in the early morning session.
Midcap, and smallcap indices crash
BSE midcap index fell 1383 pts to 42,984, signaling bearishness in the broader market. On the BSE, the small-cap stocks index slipped 1485 pts to the 46,746 level.
FII-DII data
Foreign institutional investors bought Rs 6850.76 crore worth of equities on a net basis on Monday, while domestic investors bought Rs 1913.98 crore of shares, as per provisional NSE data.
Previous session
Sensex closed 2,507 points higher at 76,468 and Nifty ended 733 pts higher at 23,263. Investor wealth rose by Rs 13.79 lakh crore to Rs Rs 425.91 lakh crore compared with a valuation of Rs 412.12 lakh crore recorded in the previous session on May 31.
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