Mumbai: After China, the European Union (EU) countries have opened a front to defeat Trump in this tariff war and announced to impose tariffs on the US after China. Amid clear apprehensions of tariff war in the world, foreign funds withdrew a large amount of investment and the Reserve Bank of India today sold $ four billion to support the rupee in the forex market. In the last few hours, there was a sudden jump in Indian stock markets. The stock markets saw all -round selling for the second consecutive day today, because everyone’s eyes were fixed on what kind of business agreement with Trump’s visit to America after Prime Minister Narendra Modi’s visit to France. Will be, or India will have to bow down to Trump’s pressure. Between warning explosive statements by experts, especially in small and medium stocks, today there was a panic from reports that retail investors have started shutting down SIPs due to negative returns in mutual funds, resulting in mutual mutual The pressure of redemption in the fund is increasing. Foreign funds today sold shares worth Rs 4486.41 crore in the cash market. Especially there was a large gap in small, medium-pilgrims, capital goods, metal-mining, auto and realty shares.
In intra-day, the Sensex fell 1281 points to 76030 and the Nifty fell 395 points to 22986.
After a limited decline in the early business hours, the Sensex and Nifty -based index fell in the last few hours due to the selling done by the funds. After opening at 77384.98 against the previous closed level of 77311.80, the Sensex initially declined by 200 to 250 points. All major stocks including Larsen & Toubro, Tata Steel, Tata Motors, UltraTech Cement, TCS, Sun Pharma, Bajaj Finserv, Power Grid Corp, Mahindra & Mahindra, ITC, Hindustan Unilever, Maruti, Reliance declined. 29 out of 30 Sensex declined. At one time the Sensex fell 1281.21 points to 76030.59 and finally closed 1018.20 points to close at 76293.60. The Nifty 50 lost a level of 23,000 and fell 394.95 points to a low of 22,986.65 at one time, finally 309.80 points to close at 23,071.80.
Auto Index 1291 dropped: Uno 86, Eicher Rs 349, TVS 70, Tata Motors Rs 18
The funds again placed bets on auto shares today amid the possibility of a major setback to the business of automobile companies due to the global trade war. The BSE Auto Index fell 1291.25 points to close at 50609.03. Uno Minda fell by Rs 85.75 to Rs 987.85, Eicher Motors fell by Rs 349.45 to Rs 4980, Madarson Sumi fell by Rs 6.90 to Rs 128.65, TI India fell by Rs 128.50 to Rs 2737.70, TVS motor Rs 70.50 to Rs 2387, hero motor motorcorp 115082.15.15.15.15.15. 18.10 fell to Rs 677.70, MRF fell by Rs 2449.10 to Rs 1,08,634.55, Ashok Leyland fell by Rs 5.30 to Rs 203.60, Mahindra & Mahindra fell by Rs 52.85 to Rs 3084.60.
Prakash Industries shares fell by 8 rupees to Rs 141: SAIL, Hind. Zinc, Jindal Stainless, Nalco, Vedanta Gabdaya
Metal mining stocks continued to fall as speculation was being made that India could threaten India’s export of $ 1 billion after Trump’s announcement of imposing a 25 percent tariff on steel and aluminum imports in the US. Prakash Industries fell by Rs 8.25 to Rs 140.80, SAIL falls to Rs 4.95 to Rs 100.15, Hindustan Zinc fell by Rs 18.65 to Rs 417.05, Jindal Stainless fell by Rs 26.60 to Rs 605.95, NALCO Rs 7.60 to Rs 183.35, NMDC 2.19, Rs 61.84, Rs 61.604.30. Rupee, Coal India fell by Rs 11.30 to Rs 359.15, Tata Steel fell by Rs 3.90 to Rs 130.10, APL Apollo fell by Rs 32.55 to Rs 1375. The BSE Metal Index fell 627.81 points to close at 27,526.08.
Windlas Rs 124, Newland lost Rs 1100
The shares of healthcare-pharmacical companies also declined on a large scale today, which led to a decline in the shares. The BSE Healthcare index fell 1172.21 points to close at 41008.11. NGL Fine 240.75 fell to Rs 1260.85, Windlas 124.15 to Rs 843.50, Piramal Pharma fell by Rs 16.75 to Rs 204.35, Newland Lab fell 1100.05 rupees to Rs 13,563.75, Suvan 91, Rs 121, upgrading Rs. 651.95.95.95.95.95. Rupee fell Rs 251.45, Ester DM fell by Rs 27.95 to Rs 434.05, Sigachi fell by Rs 2.36 to Rs 37.71, Innova Cap fell by Rs 51.10 to Rs 850.
Realty shares continue to fall: Anantraj falls by Rs 43; Shobha Developers, Godrej Properties, Brigade declines
In the realty sector, a gap arose today due to a steady decline amid the possibility of recession. Anantraj Industries fell 42.75 to Rs 590.20, Shobha Developers fell by Rs 61.85 to Rs 1139.20, Godrej Property fell by Rs 94.90 to Rs 2026.55, Brigade Enterprises 41.40 to Rs 1063.05, Obberoy Realty Rs 56.4508, DLF 75 rupees, Phoenix Mills 39.80 The rupee fell to Rs 1582.
Zomato fell at Rs 12 to Rs 215: Bajaj Finserv, Power Grid Corp, Larsen, Hindustan Unilever damage
Other major shares declining the Sensex include Zomato (Rs 215.25 with a decline of Rs 11.90), Tata Steel (Rs 130.10 with a decline of Rs 3.90), Bajaj Finserv (Rs 1744.50 with a decline of Rs 48.35), Power Grid Corp ( Death of Rs 7.20 to Rs 261.50), Larsen & Tube (falls to Rs 3240.25 with Rs 88.35), Kotak Bank (falling Rs 42.10 to Rs 1917.35), Hindustan Unilever (Rs 2314.40 with a fall of Rs 49.15) and ITC (Rs 418.45, with a decline of Rs 8.85).
Investors’ assets submerged in shares – Market capitalization decreased by Rs 9.30 lakh crore to Rs 408.52 lakh crore
Today, with Sensex and Nifty -based decline, where small and medium -sized shares continued to decline in low quantity and the prices of many shares fell in low quantity, while the property of investors, ie the joint market capitalization of companies listed in BSE is Rs 9.30 lakh crore. The reduced to Rs 408.52 lakh crore. Thus, in two days, the wealth of investors has come down by Rs 15.41 lakh crore.
Pure sales of Rs 4486 crore by FPI/FII
Foreign portfolio investors (FPIs) and FIIs sold cash worth Rs 4,486.41 crore on Tuesday. The total sales were Rs 15,982.40 crore while the total purchase was Rs 11,495.99 crore. While DII-Ghrelu institutional investors today made a net purchase of Rs 4001.89 crore in cash. The total sales were Rs 9785.83 crore, while the total purchase was Rs 13,787.72 crore.
