Investors' assets of Rs. Massive erosion of 6 lakh crores

-


- Stock market jolt after SEBI's advice

- At the close of business Sensex was down 790 points at 72305 and Nifty was down 247 points at 21951.

- Local bodies Rs. 1827 crore against the purchase of foreign investors Rs. 1879 crore sales

AHMEDABAD: Markets regulator Sebi, as a precautionary measure, has directed asset managers of small and midcap funds to disclose more information about the risks associated with the funds, leading to a major uproar in the Indian stock market today. Today, BSE Sensex lost 790 points and NSE Nifty index lost 247 points due to selling pressure from Chomer. On the back of Sensex's rout, investors' assets today (BSE market cap) rose by Rs. 6 lakh crores was massively eroded.

Sebi has also directed asset managers of small and midcap funds to disclose more information about the risks associated with the fund as a precautionary measure after analysts warned that many small midcap stocks were trading at higher prices than the actual prices. These reports had an adverse effect on the stock markets today. Today, the market breadth became very bad with stocks recording gaps in themselves after heavy selling pressure from Chomer. Out of 3921 shares traded at BSE today, the number of shares traded was 3002. While 844 stocks were in favor of reform. On the other hand, today by foreign investors Rs. 1879 crore was sold. While the institutional bodies have Rs. 1827 crores of new purchases were made.

At the close of business today, the Sensex closed at 72304.88 with a gap of 790.34 on the back of strong selling pressure. While Nifty came down to the level of 21951.15 with a gap of 247.20 points. Today, the small cap index lost 890 points to close at 44998 on the back of heavy selling pressure. While the midcap index fell by 724 points and remained soft at the level of 39019.

Following the pronounced crash in the Sensex, investors' assets today (BSE market cap) fell by Rs. 6.02 lakh crores was eroded and in the end Rs. 385.97 lakh crores.

Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro...
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja...
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se...
Read more