Small, mid-cap stocks tumble: Sensex falls 826 points to 64572

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Mumbai: Amidst the explosive geopolitical situation of the Israel-Hamas war, the US 10-year bond yield crossed the 5 percent level for the first time since 2007, and the global sentiment continued to falter due to China's actions against US companies following the US's restrictive measures against Chinese companies in the economic war between China and the US. was In which the rising price of crude oil and the report of Russia's condition of payment of crude oil supply to India in yuan instead of rupees, the funds had hammered the stocks in a big way, believing that India's condition would become dire. Capital goods, IT, banking-finance, consumer durables, automobiles, metal-mining, oil-gas stocks were universally bullish. Small, mid-cap, cash stocks in many stocks started swinging the planks of the lower circuit of only sellers. The Sensex fell by 825.74 points to close at 64571.88 and the Nifty spot closed by 260.90 points at 19281.75. Stock markets will be closed on Tuesday, October 24, on the occasion of Dussehra.

Capital Goods Index fell 1094: Praj Rs.37, BHEL Rs.8, Thermax Rs.177, Grindwell Rs.96

BSE Capital Goods Index fell 1093.81 points to close at 46119.30 amid panic selling as funds eased massively overbought positions in capital goods stocks. Praj Industries fell by Rs.36.75 to Rs.535.25, BHEL fell by Rs.7.80 to Rs.117.40, Sona BLW fell by Rs.31.35 to Rs.509.15, Thermax fell by Rs.177.40 to Rs. 2947.40, Grindwell Norton by Rs.95.95 to Rs.2070, V-Guard by Rs.11.60 to Rs.296.60, LG Equipment by Rs.24.45 to Rs.475.50, SKF India by Rs.188 .20 fell to Rs.5024.70, Carborundum Universal fell by Rs.40.40 to Rs.1091.35, Hindustan Aeronautics fell by Rs.67.30 to Rs.1844.45.

IT Index falls to 685: TCS falls by Rs.61, Onward by Rs.58, Sasken by Rs.108, Ramco by Rs.21

The BSE IT index lost 685.02 points to close at 31255.04 as funds in IT-software services, technology stocks hammered heavily today. Onward Technology fell by Rs.57.90 to Rs.515.85, Sascan Technology fell by Rs.108 to Rs.1160, Ramco System fell by Rs.21.40 to Rs.270.10, Subex fell by Rs.2.26 to Rs.29.95 , Nelco fell by Rs.51.80 to Rs.708.90, D-Link India fell by Rs.20.25 to Rs.304.95, TCS fell by Rs.61.25 to Rs.3433.

Metal index falls 692 points: losses in NMDC, NALCO, APL, SAIL, Jindal Steel

Funds sold heavily in metal-mining stocks today amid economic uncertainty in China. Nalco fell by Rs.3.67 to Rs.90.94, APL Apollo fell by Rs.62.30 to Rs.1648.40, NMDC fell by Rs.5.15 to Rs.152.90, SAIL fell by Rs.2.79 to Rs.84. .10, Jindal Steel by Rs.17.80 to Rs.644.75, Vedanta by Rs.5.95 to Rs.216.75, Tata Steel by Rs.2.25 to Rs.120.85, JSW Steel by Rs.12. 85 decreased to Rs.757.15. The BSE Metal Index fell 691.61 points to close at 22271.22.

Bankex down 672 points: Canara Bank, BOB, IndusInd Bank, Axis, Kotak Bank, State Bank fell

BSE Bankex index fell 671.86 points to close at 48512.49 due to widespread selling in banking-finance stocks today. Canara Bank fell by Rs.12.55 to Rs.356.65, Bank of Baroda fell by Rs.6.30 to Rs.196, IndusInd Bank fell by Rs.33 to Rs.1436.20, Axis Bank fell by Rs.11.80 to Rs.968. .50, Kotak Bank decreased by Rs.17.75 to Rs.1751.80, Federal Bank decreased by Rs.1.35 to Rs.144.45, State Bank of India decreased by Rs.4.95 to Rs.558.30. Along with this, PNB Gilts fell by Rs.13.94 to Rs.84.35, Central Bank by Rs.4.21 to Rs.42.64, IFCI by Rs.2.01 to Rs.21.53, Bank of Maharashtra by Rs.3. 13 decreased to Rs.40.65, IOB decreased by Rs.3.02 to Rs.37.40.

Auto Index down 457: Tube Rs.133, Uno Rs.19, Tata Motors Rs.12, Maruti Rs.132

In automobile stocks as well, the BSE Auto Index fell 457.85 points to close at 37013.40 as funds eased massive bullish trade. Tube Investments fell by Rs.132.95 to Rs.2892.40, Uno Minda fell by Rs.18.65 to Rs.585.85, Apollo Tire fell by Rs.8 to Rs.375.55, Tata Motors fell by Rs.12.40 to Rs. 650.30, Bajaj Auto fell by Rs.82.10 to Rs.5406, Maruti Suzuki fell by Rs.132.75 to Rs.10,594.25.

Small cap index lost 1596 points, mid cap index lost 798 points: 3253 stocks closed negative.

Operators today in small, mid cap, cash stocks, mu. Market breadth was extremely poor as prices fell on low volume with a lower circuit of only sellers in several stocks as funds hammered heavily. Out of total 3990 scrip-shares traded in BSE, the number of decliners was 3253 and the number of gainers was 593. The BSE Small Cap Index fell 1595.97 points to close at 36602.75 and the BSE Mid Cap Index lost 798.83 points to close at 31082.03.

Surprise: FPI/FII net purchases of Rs.252 crore in cash, DII's Rs.1112 crore despite crackdown

Despite the massive rout in stocks today, surprisingly, Foreign Portfolio Investors (FPIs) bought net stocks worth Rs 252.25 crore in cash today-Monday. In which a total of Rs.7977.55 crore has been sold against a total purchase of Rs.8229.80 crore. While Domestic Institutional Investors-DII has made a net purchase of shares worth Rs.1111.84 crore in cash today. A total of Rs.6910.68 crore has been sold against a total purchase of Rs.8022.52 crore.

The asset-market capitalization of investors in stocks was Rs.7.59 lakh crore washed down to Rs.311.30 lakh crore.

Today, as the stocks were widely battered, the investors' wealth, that is, the aggregate market capitalization of the companies listed in the BSE, was washed away by Rs.7.59 lakh crore in a single day to Rs.311.30 lakh crore.

Erosion in global stock markets: Japan's Nikkei index down 260 points, Hang Seng down 124 points

Global markets were subdued today with US bond yields hitting a five percent high and fears of the Israel-Hamas war spreading to other countries in the Middle East. Japan's Nikkei 225 index decreased by 259.81 points to 30999.55, Hong Kong's Hang Seng decreased by 123.76 points to 17172.13. European markets were also softening.

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