Market at Close | Sell-off in PSU erases ₹3.5 lakh crore investor wealth

CNBC TV18 By Priyanka Deshpande Published Feb 12, 2024

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[{"selector":"#anim-360bd60f-7c43-44d6-b3ee-0cc15e291acc","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-af0116c0-9ce6-4d74-9864-6c5d3c23676a","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 174.11619%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Sensex falls 523 points to 71,072 & Nifty 166 points to 21,616, Nifty Bank 752 points to 44,882

[{"selector":"#anim-d61881cf-724b-4ecd-95d6-a23e097e55fb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-176f1571-9291-446e-a9e3-f0b1dd7b1d64","keyframes":{"transform":["translate3d(0px, 167.29803%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Midcap Index falls more than 2% to 47,676 as PSU basket sees profit booking

[{"selector":"#anim-d9d76dd2-4cd7-4ba3-9e4e-e52a4ca87edf","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae908b79-5962-441f-bc6d-4114d70f5618","keyframes":{"transform":["translate3d(0px, 165.02527%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Nifty PSU Index falls nearly 4% with all its constituents closing lower

[{"selector":"#anim-f6d27272-7275-43d2-8327-d63970a1057e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-09f77e68-38c9-42d5-a8c2-0c71e6cc6c71","keyframes":{"transform":["translate3d(0px, 172.97984%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] PSU companies erase market capitalisation of more than ₹3.5 lakh crore on Monday

[{"selector":"#anim-711e8ab3-28fd-48e5-9032-1bf17addd026","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f0d1e58b-87c5-4a20-92d1-f85bc51a1f80","keyframes":{"transform":["translate3d(0px, 175.25254%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 4 of top 5 Nifty losers were PSU Stocks – Coal India, BPCL, ONGC, NTPC

[{"selector":"#anim-3f386b47-6e86-4a07-80a2-21ada0624920","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e623823d-5c54-453f-9149-b5802ad127aa","keyframes":{"transform":["translate3d(0px, 191.16169%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Dr Reddy’s rises 3% as US FDA classifies Bachupally unit as VAI

[{"selector":"#anim-d3fa485c-0286-4011-8a2f-3ed85989f4d6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-00554a3e-5cbd-4fbb-92ed-b23b3f0e9324","keyframes":{"transform":["translate3d(0px, 275.82850%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Apollo Hospital sees follow-up buying on healthy Q3, rises 3%

[{"selector":"#anim-058a0eaf-13a9-4d39-9b94-3cb8ec394805","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3ddcdcd9-6118-45d7-890b-4dd6c7c7eec6","keyframes":{"transform":["translate3d(0px, 284.60041%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Bharat Forge stock tanks 15% on weak outlook

[{"selector":"#anim-18e21e67-0a96-4412-9978-574cc1bfb451","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-60b7b84e-0f0b-4b86-ba2b-134174059d59","keyframes":{"transform":["translate3d(0px, 182.07076%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] SJVN, NHPC, IRFC, GMDC, Mishra Dhatu fall up to 20% after weak Q3

Lalithaa Jewellers may enter primary market with a ₹1,600 crore IPO

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