Panic selling in stocks causes universal collapse: Sensex tumbles 635 points to 61067

Alarming increase in corona cases in many countries including China

Mumbai: With the new wave of Corona creating an emergency situation in China and cases starting to increase in other major countries of the world including South Korea, America, the world was once again pushed into an economic crisis, the global markets were shaken today. In the Indian stock markets too, funds, maharathis, sportsmen overturned the universal boom in the stocks and there were wide gaps due to massive panic selling. The Sensex lost 61,000 levels intra-day and fell to a low of 60,938.38, finally closing down 635.05 points to close at 61,067.24. While the Nifty spot fell down to 18162.75 and closed at 18199.10 after losing 186.20 points. Even as the Indian government has begun to take precautionary measures to prevent a new wave of Covid from spreading to India, funds jumped in banking stocks today amid fears of renewed supply chain disruptions and fears of industry shutdowns, rising risk of loan defaults, and forecasts of banks' distressed condition. was sold. Along with this, consumer durables, capital goods, automobile, oil-gas, FMCG stocks also sold. Of course, IT-software services, technology, healthcare stocks were the preferred attraction.

Bankex down 825 points: Bank of Baroda, Federal Bank, IndusInd Bank, State Bank tumbled

Banking-finance stocks witnessed panic selling today with massive profit booking after the fund's rally for the past few days. Bank of Baroda fell by Rs.6.10 to Rs.177.55, Federal Bank fell by Rs.4.10 to Rs.130.80, IndusInd Bank fell by Rs.28 to Rs.1201.80, ICICI Bank fell by Rs.17.10 to Rs. .892.35, Axis Bank decreased by Rs.17.70 to Rs.932.35, State Bank of India decreased by Rs.11.20 to Rs.593.40, Kotak Mahindra Bank decreased by Rs.33.65 to Rs.1814.40, HDFC Bank fell by Rs.14.10 to Rs.1617.35. The BSE Bankex index fell 824.65 points to close at 48487.11.

Capital goods index falls 568 points: Suzlon NG, GMR Airports, Thermax tumble

Funds in capital goods stocks eased a major bullish trade today as the BSE Capital Goods Index fell 568.83 points to close at 34091.22. Suzlon NG fell by Rs.1.31 to Rs.10.21, GMR Airports fell by Rs.1.75 to Rs.40.90, Thermax fell by Rs.79.40 to Rs.1912.90, BHEL fell by Rs.2.85 to Rs. 81.15, ABB India fell by Rs.91.35 to Rs.2833.25, Hindustan Aeronautics by Rs.80.20 to Rs.2577, Bharat Forge by Rs.25.60 to Rs.871.70, LG Equipment by Rs.12. 95 fell to Rs.469.85, Praj Industries fell by Rs.10.05 to Rs.366.80, Siemens fell by Rs.74.45 to Rs.2881.65.

Rising trend in healthcare stocks as Corona raises its head again: Healthcare index rises 519 points

As Corona raised its head again in countries including China and the situation started to become an emergency, healthcare stocks began to rise today in anticipation of a big increase in worldwide demand in the healthcare sector. The BSE Healthcare Index rose 519.19 points to close at 23600.27. Thyrocare increased by Rs.90.50 to Rs.700.10, Vijaya Diagnostic increased by Rs.50.05 to Rs.476.25, Panacea Biotech increased by Rs.13.15 to Rs.151.50, Glenmark increased by Rs.31.75 to Rs. 440.95, Metropolis increased by Rs.88.95 to Rs.1370.65, Morpen Lab increased by Rs.2.10 to Rs.33, Divi's Lab increased by Rs.167.90 to Rs.3518.70, Apollo Hospital increased by Rs.174 to Rs. 4769.95, Novartis increased by Rs.23.70 to Rs.682.05, Biocon increased by Rs.9.35 to Rs.271.35.

Small, mid-cap stocks suffer due to Corona fear: Market breadth is very bad: 2765 stocks close negative

With the fear of Corona in the global markets, the world is again affected by Corona, today in the Indian stock markets, the market breadth has become very bad as funds, players in small, mid cap, cash stocks have sold massively. Out of the total 3665 scrips traded in BSE, the number of gainers was only 786 and the number of decliners was 2765.

FPI/FII's net sale of Rs.1119 crore in cash : DII's net purchase of Rs.1757 crore

Foreign Portfolio Investors-FPIs, Foreign Institutional Investors-FIIs had a net sale of Rs.1119.11 crore shares in cash segment today-Wednesday. A total of Rs.5856.82 crore was sold against a total purchase of Rs.4737.71 crore. While DII-domestic institutional investors made a net purchase of Rs.1757.37 crore in the cash segment today. A total of Rs.4737.41 crore was sold against a total purchase of Rs.6494.78 crore.

The asset-market capitalization of investors in stocks fell by Rs 4.44 lakh crore to Rs 282.95 lakh crore.

After the global markets Sensex, Nifty based stocks continued to gap with small, mid-cap stocks selling wildly, the wealth of investors i.e. the aggregate market capitalization of the listed companies in BSE today fell by Rs.4.44 lakh crore to Rs.282.95 lakh crore in a single day. .