In the afternoon session, Sensex plummeted 1109 points to 72,558 due to a sell-off in the small- and mid-cap segments. Nifty also fell 422 points to 21,913 points on Wednesday, losing ground on its early trade gains and indicating a lackluster mood among Dalal Street investors.
Here is a numerical analysis of today's market crash:
14 Lakh Crore is lost by Investors
In comparison to the value of Rs 385.64 lakh crore recorded in the previous session, investor wealth decreased by Rs 14 lakh crore to Rs 371.69 lakh crore. Leading the losses on the Sensex were stocks like PowerGrid, NTPC, Tata Steel, Bharti Airtel, Titan Company, and Tata Motors.
223 BSE Equities reached 52-week Lows
Today, 223 stocks reached their 52-week lows. However, only 89 equities on the BSE reached their 52-week highs.
Red Market Width
Just 351 stocks out of 3,926 stocks were trading higher. Approximately 3526 stocks were down while 66 stocks were steady.
Top losers in shares of capital goods, consumer durables, metals, and oil and gas
On the BSE today, all 19 sectoral indices were trading lower. The top losers on Dalal Street today were shares of capital durables, consumer products, metals, and oil and gas. The BSE indices for metals, capital goods, consumer durables, and oil and gas all plummeted by 1209 points, 1440 points, 1639 points, and 1913 points, respectively. In addition, the BSE auto index dropped 1108 points to 46,839.
Top Circuits and Lower Circuits
During the midday trading session, the stock market crashed, with about 1013 stocks hitting their lowest circuits. Conversely, 125 shares broke beyond their upper circuit boundaries, bucking the bearish trend on the BSE.
Smallcap and Midcap Indexes Decline
The BSE midcap index fell 1602 points to 37,635, indicating a decline in the overall market. Small-cap equities on the BSE were destroyed, with the index falling 2079 points to 40,752 levels.
FII-DII Information
According to preliminary NSE statistics, foreign institutional buyers purchased shares worth Rs 73.12 crore on a net basis on Tuesday, while domestic buyers purchased shares for Rs 2358.18 crore.
