In early trading on Friday, benchmark indexes plummeted following news of an Israeli strike on Iran. The Nifty fell 173 points to 21,822 while the Sensex fell 608 points to 71,880, indicating a lackluster mood among investors on Dalal Street. Due to profit-booking, rising US bond rates, and the Iran-Israel crisis, the market has declined for the fifth straight day. Here is a numerical analysis of today's market crash:
It costs investors Rs 4 lakh crore.
In comparison to the value of Rs 393.38 lakh crore reported in the previous session on April 18, investor wealth decreased by Rs 4.18 lakh crore to Rs 389 lakh crore. The top Sensex losses were stocks from Infosys, Axis Bank, TCS, L&T, Nestle India, and Wipro. The 30 Sensex equities were all down during trading.
11 BSE equities reached 52-week lows.
Today, up to fifty-five stocks reached their 52-week highs. In contrast, just 11 equities on the BSE experienced a 52-week low during Friday's early trading.
Red market width
Just 562 stocks, or out of 2384 stocks, were trading higher. 104 stocks were unchanged and over 1718 stocks were trading down.
Top losses include capital goods, consumer durables, and auto shares.
On the BSE today, all 19 sectoral indexes were trading lower. Today's top losers on Dalal Street were auto shares, capital goods, and consumer durables. The consumer durables, car, and capital goods indexes of the BSE fell 965 points, 695 points, 436 points, and 567 points, respectively.
Top circuits and lower circuits
The early morning session saw the stock market tumble, with about 54 equities hitting their lowest circuits. However, 62 shares reached their upper circuit boundaries, which stopped the Dalal Street's losses.
Smallcap and midcap indexes decline
A decline of 660 points in the BSE midcap index to 39,498 indicated weakness in the overall market. The small cap stocks index on the BSE fell 683 points to 44,767.
FII-DII information
According to preliminary NSE data, foreign institutional investors purchased shares worth Rs 2285.82 crore on Thursday, while domestic investors sold stocks worth Rs 4260 crore on a net basis.
