Sensex breaks 1375 points, 28440 crude oil breaks down 17-year-old

- Investors' assets in stocks fell by Rs.2.85 lakh crore a day to Rs109.64 lakh crore.

(Commerce Rep) Mumbai Ta March 30, 2020, Monday

The global pandemic may have resulted from the global epidemic caused by the Corona virus and the deteriorating situation in the United States after Spain, Italy, and after the Moody's, the S&P Global Ratings Agency lowered India's GDP growth estimates, leaving Indian stock markets volatile. In the midst of the problem of huge new sinking loan-NPAs in the banking-finance sector in India and many companies defaulting, heavy selling of foreign funds in banking-finance stocks today smashed the Sensex by 1.8 points to 9.5 and Nifty 9.5 points. Had come.

In a single day, the assets of investors fell by Rs 1.5 lakh crore. The Indian rupee had lost 5 paise to 1.8 today against the US dollar. The global depression caused crude oil international prices to fall below the 5-year low at $ 5 a barrel, and Brent crude for $ 5.

Negative Asare Funds have been selling stocks since its inception, with international rating agency Standard & Poor's (S&P) lowering India's economic-GDP growth estimate for FY08 from 8.5% to 8.2% now. Earlier last week, Moody's Investor Service had lowered India's economic growth projections from 8.5 percent to 8.5 percent in Year 1. It was selling automobiles, power-capital goods, consumer durables, IT-software services, metal-mining, oil-gas stocks. However, today the preferred FMCG stocks as well as pharmaceuticals stocks remained the attraction.

The day began with the expected softness today. The Sensex opened at 5,1,4 against the next close of 1.8. Among those FMCG stocks, including Hindustan Unilever, Nestle India, ITC, and IT stocks, Tech Mahindra, TCS, and Axis Bank, attracted a one-time decline, to a modest 5.7. Those resumed offloading include Bajaj Finance, HDFC Limited, HDFC Bank, Kotak Mahindra Bank, ICICI Bank, State Bank with big offloading, and Maruti Suzuki, Mahindra & Mahindra, Bajaj Auto including Fiat Sales, Relative and Sales, , With ONGC last selling including TCS, plummeted by 5 points at a time. At the end of the day, it was down 5.2 points to close at 4.1.

NSE's Nifty spot opened at 4.1 heading against the next close of 1.1, after offloading the fund's banking-finance stocks from the very beginning. Had reached. Which once again fell to the bottom five at a time when banking-finance stocks were hit hard and offloading with Reliance Industries, Larsen & Toubro, Bharti Airtel, including Tata Steel. In the end, it was down 5 points to close at 4.1. The BSE Banks Index was down 5.2 points to 5.9.

Foreign portfolio investors - FPIs and FIIs - today sold net worth of more than Rs 1 crore in cash. FIIs today bought net sales of Rs 5 crore in index futures in futures and net sales of Rs 5 crore in stock futures. While DII-local institutional investors' net cash purchase of Rs 1 crore shares was made. Consolidated market capitalization of the total companies listed in the BSE - Investors' assets today fell by Rs 1.8 lakh crore to Rs 1.8 lakh crore in a single day.

In the forex market today, the Indian rupee lost 5 paise against the US dollar to 5.7. While the British pound had risen 5 paise to 1.8 and the euro currency was up 5 paise to 1.8. Crude Oil's international prices fell today to a nine-year low of $ 6.5 after intra-day trading of Nymex crude, falling $ 4.3 late in the evening, and Brent crude at $ 6.5, down $ 1.8 late. They were calling $ 1.8.

Japan's Nikkei index fell 5.2 points to 5.7 points in the Asia-Pacific countries markets today, while Hong Kong's Hangsong fell 5 points to 5.6, while the CSI index of China fell 5 points to 6.8. Were. While markets in European countries continued late in the evening, the London stock market showed a steady decline, near the Futsi 4 Index 3, Germany's Dex 1 point improvement, France's Cake Index 6 points. Late in the evening, the Dow Jones Industrial Average index was up by 5 points and the Nasdaq Index was up by 8 points.