All the sectoral indices, barring the metals ended in the red. Nifty Auto, Nifty FMCG, Nifty Realty, Nifty Private Bank fell the most, with cuts exceeding up to 4.5%. The stock market crash today resulted in the decline in market capitalisation of all listed companies on BSE by around ₹10 lakh cr.
In the broader market, the Nifty Midcap 100 index fell 2.21%, closing at 59,024 points, while the Nifty SmallCap 100 ended the trading day down 1.96% at 18,952 points. All the sectoral indices, barring the metals ended in the red. Nifty Auto, Nifty FMCG, Nifty Realty, Nifty Private Bank fell the most, with cuts exceeding up to 4.5%. The stock market crash today resulted in the decline in market capitalisation of all listed companies on BSE by around ₹10 lakh crore to around ₹465 lakh crore.Foreign institutional investors (FIIs) extended their selling as they sold equities worth ₹5,579.35 crore on 1 October, while domestic institutional investors extended their buying as they bought equities worth ₹4,609.55 crore. FIIs were net sellers for the third consecutive day on Tuesday. V.K. Vijayakumar, chief investment strategist, Geojit Financial Services is of the view that FIIs may continue to sell since Chinese stocks have turned bullish and a lot of money is moving into the Hong Kong market which continues to be cheap relative to the high valuations in India.The Indian stock market experienced a significant crash on Thursday, with the benchmark indices, Sensex and Nifty 50, both closing the session down over 2%. This marked their worst intraday drop in two months as investor sentiment soured amid escalating tensions between Iran and Israel, prompting a shift away from riskier assets like stocks.Commenting on today's market performance, Vinod Nair, Head of Research, Geojit Financial Services, said, "The domestic market took a sharp downturn following Iran’s launch of ballistic missiles at Israel, sparking fears of retaliation and escalation in war.