Russia-Ukraine war erupts: Sensex falls 1747 points to 56,406

(Gujarat News Correspondent) MUMBAI: Global stock markets were caught on a bear's eye today, February 14, Valentine's Day. Global stock markets plunged today amid Russia's war preparations over Ukraine and reports that the United States and several European countries have come to Ukraine's aid, with the possibility of a major war erupting and the global economy plunging back into recession. With the Ukraine-Russia war as well as rising global inflation weighing heavily on interest rates and the possibility of major upheavals at home in states including Uttar Pradesh and Goa, reports cannot be ruled out, according to Foreign Portfolio Investors, Investors started selling bullishly in the stock market today. The Big Bull, once considered the Big Bull of IT stocks and the Nifty, is now in a big bear-recession, with the Sensex and Nifty crashing more today than the Index-based hammering. Funds, high net worth investors were selling heavily in stocks today in a bid to save their capital. Metal-Mining, Banking-Finance, Automobile, IT-Software Services, Technology, Consumer Durables, Capital Goods-Power, Healthcare stocks washed out. Were closing. The Sensex had the biggest crash in the last 10 months. International crude oil prices remained strong, with Brent crude rising 10 cents to ૫૪ 2.8 an ounce and the Nymex crude an increase of 15 cents to close at ૨૯ 2.8 this evening, up 6.15 per cent. The US dollar had gained 3 paise to close at Rs 2.50 against the rupee today.

Small, mid-cap stocks have low volume gaps

Sensex, Nifty-based, market-broadth was extremely bad today as small volumes of small, mid-cap, cash stocks fell in volume due to panic among experts, funds, high networth investors. Out of the total 20 scrips-shares traded on the BSE, only 8 rose and 5 declined today. The only seller in 4 stocks was the lower circuit against the upper circuit of the only buyer in 5 stocks.

Erosion in investors' wealth

With the Sensex, Nifty crashing, small, mid-cap, massive gaps with widespread offloading in cash stocks, the accumulated market capitalization of investors listed on the BSE was washed away by Rs 4.5 lakh crore in one day to Rs 4.5 lakh crore today. .

Global markets crash in Europe, Asia

Amid fears of a war between Russia and Ukraine, global markets are falling apart today. In Asia-Pacific markets, Japan's Tokyo Stock Exchange index Nikkei fell by 216.5 points to 206.5, Hong Kong's Hang Seng index fell by 20.05 points to 3.6, and the CSI 200 index was up by 7.5. In European markets, the London Stock Exchange's Futsy 100 Index was down 19 points, Germany's Dex Index was down 30 points and France's Cake-20 Index was down 216 points.

Massive sale of FPI / FII worth Rs

FIIs - Foreign institutional investors, foreign portfolio investors - FPIs on Monday saw a massive net sale of shares worth Rs 2.50 crore in the cash segment. A total of Rs 311.5 crore was sold against a total purchase of Rs 4.5 crore, while DII-domestic institutional investors made a net purchase of Rs 4,160.6 crore in cash today. A total of Rs 4.5 crore was sold against a total purchase of Rs 2.08 crore.