Sensex, Nifty plunge as BSE companies erase ₹14 lakh crore market cap

CNBC TV18 By Priyanka Deshpande Published March 13, 2024

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[{"selector":"#anim-ea1652ed-eace-4506-a6b7-3f9b72778269","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cc30faa1-b601-4a15-93b3-d7f82db4b40d","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 272.31978%, 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"}] Midcap & Small Cap Index turn negative for 2024

[{"selector":"#anim-37cf4ff2-b0f9-4846-9357-90ec82d0311d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b3464733-3b8d-49c2-9c9c-44d7372fe11c","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 192.38457%, 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"}] BSE-listed companies erase market cap of more than ₹14 lakh crore

[{"selector":"#anim-aa5f6fb8-a77b-40ad-8f43-08beda858239","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dd459b82-a49c-445d-939b-28c417440e32","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 192.38457%, 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 906 points to 72,762 & Nifty 338 points to 21,998

[{"selector":"#anim-71158a12-69ab-45b4-bfed-94a208a4da68","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c8b9dcb8-b64c-4216-8be8-430e41304b2f","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 192.38457%, 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"}] Nifty Bank slides 301 points to 46,981 & Midcap Index 2,115 points to 45,971

[{"selector":"#anim-6ec77010-823a-4c06-a7a1-fc69e9d07dcf","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-adda03ee-d95a-4d02-b0a3-138d110c6868","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 223.19690%, 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"}] 42 of 50 Nifty stocks close lower, stocks down up to 8%

[{"selector":"#anim-b7ca03fa-59bb-4103-bd9e-7c872419d33f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-35e21c94-953b-489c-a727-a9f0455695c1","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 192.38457%, 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"}] PSUs see a sharp fall on ‘overvaluation’ concerns, Nifty PSU down 7%

[{"selector":"#anim-6777748a-8c1a-4262-9892-b17c77941c1d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-091bbaaf-759d-4422-b674-a92debb0b47c","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 192.38457%, 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"}] Heavy selling leads to a fall of nearly ₹6 lakh crore market cap for PSUs

[{"selector":"#anim-156a796d-dbc8-4187-abdc-74ad08cd8510","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cb6c4226-dc66-4853-8e79-e9824c34ae59","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 192.38457%, 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"}] Adani stocks see a heavy selling, group market cap down by over ₹1 lakh crore

[{"selector":"#anim-a85eb59e-8200-44a8-8dda-2efed4a6d0e2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9632bdcd-d2b0-4326-9013-226cefbc2840","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 137.64620%, 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"}] 99 of 100 Midcap 100 Index stocks close with cuts; Nalco, Vodafone Idea, Delta Corp, SAIL, NMDC, Hind Copper top Midcap losers

[{"selector":"#anim-1355e669-cd1e-4ad4-ba41-383a9abff23f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f4ebe3b3-ca41-496b-8e8b-88d74f4f3769","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 224.95126%, 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"}] Except Intellect Design, all Small Cap Index stocks slip

[{"selector":"#anim-70b7a986-54e2-4639-a62a-d4fbb71a32e7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e78c4558-4674-4cdd-becf-49127bdc261e","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 182.27221%, 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"}] Nearly 200 NSE stocks hit 52-week lows & 400 stocks close at lower circuit

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