Sensex plunged 398 points to 57527 on hammering of foreign funds

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Mumbai: With the banking crisis behind Deutsche Bank again in Europe in the global markets, now at home with new buds sprouting every day, now at home, over the weekend, the central government has quietly put a STT rupee snake in the finance bill, today the Indian stock markets suddenly hit the Securities Transaction Tax (STT). An unexpected additional shock was given. In the stock markets, derivatives in futures and options (F&O) have started gambling in a big way as many retail investors are getting stressed in these casinos and the government has increased the STT in the last hour. Nifty again lost 131.85 points to 16945.05 and Sensex lost 398.18 points to 57527.10 as funds jumped in metal-mining, oil-gas, capital goods, automobile, consumer durables, banking stocks and all-round offloading. were On the global front, international crude oil prices tumbled amid reports of increased insurance costs in Europe, with Germany's Deutsche Bank shares falling amid caution on signs that the US may not buy crude for its strategic reserve. Funds in stocks, high net worth investors again sold the market breadth became very bad.

Metal index falls to 427: Jindal Steel falls by Rs.23 to Rs.533: SAIL, Hindalco, Tata Steel fall

The BSE Metal Index lost 427.40 points to close at 18,701.99 as funds in metal-mining stocks saw massive offloading today. Jindal Steel fell by Rs.23.45 to Rs.533.55, SAIL fell by Rs.3.41 to Rs.82.40, Hindalco fell by Rs.10.45 to Rs.388.35, Tata Steel fell by Rs.2.70 to Rs. 102.15, APL Apollo fell by Rs.28.25 to Rs.1215.80, Coal India fell by Rs.4.70 to Rs.208.55, JSW Steel fell by Rs.10.20 to Rs.657.30, Vedanta by Rs.1 .60 decreased to Rs.269.75.

Fund selling in capital goods stocks: BHEL, CG Power, LG Equipment, Laxmi Machines, Thermax declined

In capital goods-power stocks too, funds sold heavily today as the BSE Capital Goods Index lost 454.46 points to close at 33932.14. BHEL fell by Rs.2.40 to Rs.71.86, Thermax fell by Rs.46.45 to Rs.2244.15, Larsen & Toubro fell by Rs.43 to Rs.2163.10, Carborandum Universal fell by Rs.16.80 to Rs.933. .75, Praj Industries fell by Rs.6.10 to Rs.324.45. The BSE Capital Goods Index lost 454.46 points to close at 33932.14.

Net sale of Rs.1720 crore in cash of Khanj/Khainain : Net purchase of Rs.2556 crore of Khainain

Foreign Portfolio Investors (FPIs), Foreign Institutional Investors (FIIs) sold net shares worth Rs.1720.44 crore in cash segment today-Friday. A total of Rs.7011.20 crore was sold against a total purchase of Rs.5290.76 crore. While DII-made a net purchase of Rs.2555.53 crore from local institutional investors. A total of Rs.2862.71 crore was sold against a total purchase of Rs.5418.24 crore.

Investors' wealth fell by Rs 2.49 lakh crore to Rs 254.63 lakh crore in a single day

Sensex, Nifty based Kadaka along with a number of small, mid cap, funds in cash stocks, massive selling by high net worth investors, investor wealth in BSE listed companies i.e. aggregate market capitalization fell by Rs 2.49 lakh crore to Rs 254.63 lakh in a single day today. Crore was left.

In European markets, Germany's DEX fell by 313 points, London's Futsi fell by 113 points in the evening.

Banking stocks gapped amid reports of a re-emerging banking crisis in Europe and Germany's Deutsche Bank raising insurance costs. In the European markets, Germany's index fell by 313 points and London's Futsi 100 index fell by 113 points, France's Keck 40 index fell by 140 points. While the markets of Asian countries were moderately soft. At the opening in the US stock markets, the Dow Jones index was down 275 points and the Nasdaq was down 77 points.

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