D-Street traders lose Rs 3 lakh crore! 8 key factors behind today’s selloff

Posted on:
Key Points

NEW DELHI: Leaving Dalal Street investors poorer by Rs 3 lakh crore, the Sensex today tumbled over 900 points while Nifty fell below its 200-DMA..

The sell-off was led by bank stocks as Nifty Bank slipped below the 41,000 mark with a loss of over 750 points...

The total market capitalisation of all BSE-listed stocks fell to Rs 261.24 lakh crore today as bears ruled the Street for the second consecutive day amid weak global cues...

Shares of American bank SVB Financial Group, which invests in early-stage startups, collapsed 60% and wiped out over $80 billion worth of market capitalisation amid concerns over its financial stability..

Foreign Institutional Investors (FIIs) were net sellers in the capital markets on Thursday as they offloaded shares worth Rs 561.78 crore, according to exchange data...

You might be interested in

Sensex crashes over 1,000 points: 6 reasons behind the Rs 8 lakh crore selloff

23, Jan, 24

After India became the world's fourth largest stock market, Dalal Street experienced a sell-off with the Sensex falling over 1,000 points and the Nifty cracking over 1%. The broader market also saw a decline, particularly in mid and smallcap indices. This resulted in investors losing about Rs 8 lakh crore in market capitalisation of all BSE-listed stocks. Despite positive momentum in global markets, banks, oil and gas stocks, FMCG, and metals experienced a downside, while pharma and IT sectors saw buying activity.

Banks, rate-sensitive sector shares decline

09, Jun, 23

The Bank Nifty snapped its four-day winning streak to slip below 44,000. The gauge of top banking stocks settled at 43,995.25, down 277.05 points or 0.63% from the previous close.

Day trading guide for stock market today: Six stocks to buy or sell on Tuesday — 16th January

16, Jan, 24

Day trading stocks: Market experts have recommended six stocks to buy today — Shriram Finance, SJVN, Jindal Steel & Power, Dabur, Mazagon Dock Shipbuilders and JK Paper.

Ahead of Market: 10 things that will decide D-Street action on Tuesday

13, Mar, 23

“Nifty ended at the lowest since mid October. A breach of 17087 level on the Nifty could result in a fall towards 16747. Up moves could face resistance at 17325,” said Deepak Jasani, Retail Research Head, HDFC Securities, said.

Day trading guide for today: 4 stocks to buy or sell on Wednesday — 22nd March

22, Mar, 23

Day trading guide for today: Indian stock market is expected to remain in bullish trend in near term, believe experts

Nifty breaks new year record, Sensex zooms 700 points. What's behind high-tech rally?

12, Jan, 24

The Nifty touched an all-time peak of 21,848, led by gains in heavyweights TCS and Infosys. The m-cap of all BSE-listed stocks rose by about Rs 2.5 lakh crore to Rs 372.92 lakh crore on Friday. In dollar terms, the Indian stock market is worth about $4.49 trillion and looks poised to take over Hong Kong as the world's fourth-largest hub of equities.

Investors’ wealth jumps over Rs 10.43 lakh crore in last 5 days of market rally

07, Apr, 23

The market capitalisation of BSE-listed firms have surged Rs 10,43,216.79 crore to Rs 2,62,37,776.13 crore in the last five trading sessions (March 29-April 6).

Budget 2024: Amit Trivedi of YES Securities reveals trading strategy, stocks to watch out for next week

25, Jan, 24

Amit Trivedi, CMT. Vice President - Research at YES Securities discusses trading strategies for the upcoming week, highlighting key levels to watch and sectors and stocks to keep an eye on. Infrastructure, finance, hotels, railways, and manufacturing are expected to see higher volatility.

Day trading stocks for today: 4 stocks to buy or sell on Tuesday — 21st March

21, Mar, 23

Day trading guide: The short term trend of Nifty continues to be negative, believe stock market experts