from the markets, which have dropped to one month low. The nifty the sex they've closed at one month low, with the sense under 71,000. After a period of a month, HDFC Bank and SB stocks dragged the markets down. The sense sense shed over 1000 points. My colleague Nira Cha has the details Well, a red day to the market on the markets today, down 1000 or over 1000 nifty about 333 points. It didn't look good at all for the markets today. And the banks, you would argue on the large cap and were the principal culprits down about 1000 points for the nifty bank as well, 2% lower. But it was not just about banks, By the way, today look at the broader end of the spectrum and the kind of pain that came in at the mid the small cap, and that was really painful. So about 500.3% or 3% for the mid cap index, the small cap index to about 2.5, or about 2.7% actually, so it didn't look great at the broader end of the spectrum either. The market breadth widened and looked terrible as the day ended. So that was the problem. Now the nifty heat map first and this looks the reverse of what it at the start of the trading day today. So, yes, we have corrected moves in banks. You can see that indecent bank HDFC Bank, Axis Bank N 4% down were amongst the key culprits. But that was not all. By the way, there was weakness in on GC coal India. And while defensive bent of the market was seen, you still had defences like, for example, not looking great Colgate with the results not looking great, what did, well, strong move 7% higher on the back of what looked or what was a pretty strong quarter. There was strength in Sun Pharma, Bartel to an extent, an bank on a day when banks didn't do well This one after the results really stood out in trade. In fact, we should pull up the rate sensitive pack and try and see what were the winners and losers. So on the banks, for example, let's get the percentage moves on the banks Bank up 1.9% doing strong. But look at what led the banks lower down 6% in the bank, 6% P and BAU Small Fed bank HDFC Bank 3.5% lower yet again fifth straight day of a fall Ford Bank. So that bucket looked very, very wobbly. Speaking of rate sensitive, real estate had a very big wobble as well In the session Look at the kind of moves that have come in prestige down 11 Oberoi But it was not just that soba brigade dlf the big boy down about 4% as well. So it looked very weak and not a single stock in interiority in the green just showed how the stocks just fell like nine pence in the session today. Then railways had a big day and let's start with RVNL which is down 10%. But that was not all you look at you look at rail tail you look at IFC you look at or whatever that entire bucket T tac. That entire bucket of stocks had a corrective move today And the valuations, I would argue, is the principal reason that valuations are stretching. The stocks had such a massive run up that some bit of a fall was probably to be anticipated. So, so very weak day for them. What did? Well, just as we wrap up outliers, if you will. Right? So we we spoke about C as being the outlier We spoke about pent LNG. I haven't spoken about it, but Qatar and India signed long term agreements and Peter LNG up about 5% as well as logistics was up and the renewable stocks PM Modi's tweet about rooftop solar has got Adani green to Boros, renewables to renewables. All of those very, very excited Tata part two in the green. So this is a set of stocks which kind of bucked the trend in the session, but it looked very wobbly. We're interested to see how the global markets do today and what's the kind of takeaway that we have for the markets tomorrow
