Tag: Sensex

  • Nifty 50 and Sensex Slide as Indian Markets Open Lower on US-Iran Tensions

    Nifty 50 and Sensex Slide as Indian Markets Open Lower on US-Iran Tensions

    The Indian stock market opened lower on September 28, 2026, as US President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, escalating geopolitical tensions. The Nifty 50 opened 75.6 points (0.33%) lower at 23,064.90, while the Sensex declined 160.91 points to 73,734.83. The Bank Nifty also fell 232.6 points to 55,347.80.

    The Indian rupee weakened by 7 paise to Rs. 95.88 per dollar. Foreign institutional investors (FIIs) offloaded equities worth Rs. 3,696 crore on September 25, extending their selling streak, while domestic institutional investors (DIIs) bought equities worth Rs. 2,838 crore during the session.

    Sensex Technical Outlook

    According to Sachin Gupta, VP of Technical Research at Choice Equity Broking Private Limited, the Sensex continues to exhibit a sideways-to-bearish trend. The 73,200-73,450 range is emerging as a key support zone. Sustained buying above 74,000 could reinforce recovery and push the index toward 74,200-74,500. However, a breach of the support zone may trigger renewed selling pressure. Traders should monitor the 73,500-74,000 range and changes in open interest for confirmation of the next move.

    Nifty 50 Technical Outlook

    The Nifty 50 remains under short-term selling pressure with a corrective trend, and the weekly structure indicates weakness. The daily RSI at 34 reflects weak momentum. A meaningful recovery would require sustained buying interest. The immediate hurdle is at 23,350, followed by resistance at 23,500-23,600. On the downside, support lies at 23,050-22,960, with 22,800 as the next important level. A decisive breakdown below 23,000 on higher volumes would reinforce the bearish structure.

    Bank Nifty Technical Outlook

    The Bank Nifty declined 1.38% and extended its losing streak to five consecutive weeks, trading below key moving averages. The immediate support is at 55,000, and a break below could bring 54,400 into focus. On the upside, 56,800 remains the key resistance. Experts suggest a “sell on rise” strategy as long as the index stays below this resistance. A bounce toward 56,100-56,200 could provide an opportunity to initiate fresh short positions.

  • India’s 7.8% GDP Growth and the 3,300-Point Sensex Drop: Understanding the Disconnect

    India’s 7.8% GDP Growth and the 3,300-Point Sensex Drop: Understanding the Disconnect

    India’s economy grew at a robust 7.8% in the first quarter of fiscal year 2027, but the stock market failed to celebrate. The Sensex, India’s benchmark equity index, lost approximately 3,300 points since August 31, and the Nifty 50 shed nearly 1,000 points. The sharp divergence between macroeconomic strength and market performance has left many investors puzzled.

    According to the Ministry of Statistics and Program Implementation, the Q1 FY27 GDP data was released on August 31. On that day, the Sensex closed at 76,957 and the Nifty at 24,080. By the morning of September 25, the Sensex had fallen to around 73,675 and the Nifty to about 23,075.

    Seema Srivastava, Senior Research Analyst at SMC Global Securities, attributed the market correction to three major factors: global macro pressure, crude oil and currency stress, and premium valuations combined with domestic sector pressures.

    Global Macro Pressure

    Rising US Treasury yields have made dollar-denominated assets more attractive, prompting global investors to shift funds away from emerging markets like India. This “risk-off” environment has created sustained liquidity pressure on Indian equities.

    Crude Oil and Currency Stress

    Geopolitical tensions have pushed crude oil prices higher. As a major importer of crude, India faces increased inflation and external balance pressures. A weakening rupee further raises the cost of dollar-denominated energy imports, adding to the strain.

    Premium Valuations and Domestic Sector Pressures

    Corporate earnings expectations have been hit across several key sectors. IT companies are contending with softer Western technology spending, while banks and non-banking financial companies (NBFCs) face higher funding costs. Additionally, investors have been booking profits after strong rallies, especially in stocks where valuations appeared stretched.

    “The market reacted to the classic ‘buy the rumour, sell the news’ dynamic,” Srivastava said, noting that institutional desks trimmed positions following the GDP announcement.

    The market’s response underscores a key distinction: GDP measures recent economic activity, but equities continuously price future earnings, liquidity, and global risk. Analysts expect volatility to persist, linked to crude prices, bond yields, currency movements, and foreign capital flows.

  • Indian Stock Market Opens Lower: Sensex Plunges 500 Points, Nifty Falls 200 Points as NSE Listing Takes Center Stage

    Indian Stock Market Opens Lower: Sensex Plunges 500 Points, Nifty Falls 200 Points as NSE Listing Takes Center Stage

    Indian equity markets opened sharply lower on Thursday, with the BSE Sensex plunging more than 500 points and the NSE Nifty falling over 200 points. The decline was attributed to weak global cues, rising bond yields, and expensive crude oil. The much-anticipated listing of the National Stock Exchange (NSE) on the bourses remained the key domestic event of the day.

    On Wednesday, the Nifty had rebounded 0.62%, driven by a 2.4% surge in metals. However, experts warned that market volatility would remain elevated with sharp intraday swings. The total market capitalization of BSE Sensex companies stood at Rs 4,83,54,454 crore.

    Overnight, US markets ended mixed, with the Nasdaq hitting a fresh record close, while the S&P 500 was nearly flat and the Dow Jones fell sharply.

    The main focus on Thursday was the listing of NSE shares on the BSE and the Metropolitan Stock Exchange of India (MSEI). NSE’s shares were expected to see a modest gain of 2-3%. On the BSE Sensex website, the pre-open status of NSE Ltd. stood at Rs 1,735 at 9:22 am. The NSE IPO was priced in a band of Rs 1,700-1,785 per share, with Rs 1,785 being the upper end. However, GIFT Nifty futures were at 23,270 points in the morning, indicating a negative start for the Nifty 50 index.

    Among the 30 Sensex firms, major winners included Tata Steel, Bajaj Finance, ITC, UltraTech Cement, Power Grid, and Larsen & Toubro. On the other hand, HCLTech, Infosys, Tata Consultancy Services, Titan, and Mahindra & Mahindra were among the laggards.

    Disclaimer: This article is for informational purposes only and does not constitute investment advice. Analytics Insight does not provide financial advice or guidance on stocks. Readers are encouraged to conduct their own research before making investment decisions.

  • Indian Stock Market Opens Mixed: Nifty Dips 16 Points, Sensex Rises 240 Points Amid Global Headwinds

    Indian Stock Market Opens Mixed: Nifty Dips 16 Points, Sensex Rises 240 Points Amid Global Headwinds

    The Indian stock market opened on a mixed note as oil prices edged higher and bond yields rose, dampening investor sentiment amid fears of slowing economic growth. The Nifty 50 opened at 23,330.30, down 16.2 points, while Bank Nifty opened flat at 56,361.90, up 3 points from its previous close. The Sensex, however, rose 240.22 points to 74,535.18.

    The Indian rupee opened higher at Rs. 95.82 against its previous close at Rs. 95.87 on Friday.

    On September 18, Foreign Institutional Investors (FIIs) turned net buyers in the cash market, purchasing equities worth Rs. 599.54 crore. Domestic Institutional Investors (DIIs) were also net buyers, with total acquisitions of Rs. 1,019.69 crore.

    Sensex Outlook

    “The Sensex is likely to maintain a sideways outlook, with the 73,500-73,700 zone acting as the broader support area. Sustained buying above 74,600 could support a recovery towards 74,800-75,000, while weakness below 74,000 may increase downside pressure. Traders should monitor the key OI levels and wait for a decisive breakout or breakdown before taking fresh directional positions,” said Sachin Gupta, VP, Technical Research at Choice Equity Broking Private Limited.

    Nifty 50 Outlook

    The Nifty 50 formed a bearish candlestick on its weekly chart, highlighting a weak short-term trend. Currently, the market is in oversold territory, indicating a high chance of a sharp pullback from current levels.

    For traders, 23,200 and 23,150 can remain the key support zones. As long as the Nifty holds above these levels, a pullback towards 23,500 is possible. If the Nifty manages to press above 23,500, a further recovery towards 23,600-23,700 is likely. However, a prolonged fall below 23,150 would weigh on investor sentiment and push the index towards 23,000-22,800, said Shrikant Chouhan, Head Equity Research, Kotak Securities.

    Bank Nifty Outlook

    The Bank Nifty fell 0.44% during the week, marking its fourth consecutive weekly decline. However, the index seems to be trying to form a base around the 55,600-55,700 area, which also coincides with a notable horizontal support zone.

    “The index could provide support to the broader market and witness a rebound towards 57,000, which also coincides with the 55-day EMA. As long as the index holds its recent lows, a cautious buy-on-dips approach is recommended, although traders should remain vigilant given the prevailing broader weakness,” said Dr. Ravi Singh, Chief Research Officer from Master Capital Services Ltd.

    Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. This article is provided for informational purposes and does not constitute investment advice. Always conduct your own research before making any investments.

  • Indian Stock Market Opens Higher as Falling Oil Prices Boost Sentiment: Nifty 50 Rises 64 Points, Sensex Gains 260 Points

    Indian Stock Market Opens Higher as Falling Oil Prices Boost Sentiment: Nifty 50 Rises 64 Points, Sensex Gains 260 Points

    The Indian stock market opened higher on Thursday, buoyed by a decline in global oil prices and mixed cues from international markets. The Nifty 50 index started the session at 23,334.70, gaining 64.1 points or approximately 0.28%, while the Bank Nifty advanced 117.1 points from its previous close. Meanwhile, the Sensex climbed 260.65 points to reach 74,575.24.

    Broader market participation improved, with the Nifty Midcap index rising 0.52% and the Nifty Smallcap index gaining 0.86%. The Indian rupee opened flat at Rs. 95.87 against the US dollar.

    Foreign Institutional Investors (FIIs) remained net sellers in the cash market on September 17, offloading shares worth Rs. 3,208.76 crore. In contrast, Domestic Institutional Investors (DIIs) were net buyers, purchasing Rs. 3,617.75 crore worth of equities.

    Sensex Outlook

    According to Sachin Gupta, VP of Technical Research at Choice Equity Broking Private Limited, the Sensex is expected to maintain its negative bias unless it breaks above the resistance zone of 74,700–75,000. On the downside, the 73,500–74,200 range serves as a critical support area. If the index falls below this level, selling pressure may intensify.

    Nifty 50 Outlook

    The Nifty 50 ended Thursday’s session 53 points higher, forming a small green candle with an upper shadow on the daily chart. The recent recovery has emerged from the key support zone around 23,100–23,000. However, the index lacks strength to reverse the prevailing trend of lower highs and lower lows.

    On the upside, the 23,400–23,500 zone poses strong resistance. A sustained move below 23,000 could trigger a deeper correction.

    Bank Nifty Outlook

    The Bank Nifty formed a long upper-shadow bearish candle, indicating strong supply at higher levels. The sharp rejection from the day’s high suggests sellers remain active. Immediate support is seen at 55,500–55,700, while resistance lies at 56,300–56,500.

    Gupta noted that the broader range for the Bank Nifty is likely to be 55,500–56,500, with a near-term sideways bias. An upside breakout above 56,500 would improve the technical structure, whereas a fall below 55,500 could add further downside pressure.

    Disclaimer: This article is for informational purposes only and does not constitute investment advice. Readers should conduct their own research before making any financial decisions.

  • Indian Markets Open Lower: Nifty 50 Drops 22 Points, Sensex Down 154 After Fed Rate Hike

    Indian Markets Open Lower: Nifty 50 Drops 22 Points, Sensex Down 154 After Fed Rate Hike

    The Indian stock market opened on a negative note on September 17, 2026, following the U.S. Federal Reserve’s announcement of its first interest rate hike in three years, along with plans for further increases later this year. The Nifty 50 index started the session at 23,195.25, down 22.35 points (approximately 0.1%), while the Bank Nifty fell 165.85 points from its previous close. The Sensex declined 153.83 points to 74,182.62.

    Broader Market Performance

    Broader markets also faced pressure, with the Nifty Midcap 100 index ending flat and the Nifty Smallcap 100 index closing marginally lower. The Indian rupee opened weaker at 96.01 per U.S. dollar, compared to the previous close of 95.95.

    Institutional Activity

    On September 16, foreign institutional investors (FIIs) sold equities worth Rs. 2,000 crore, while domestic institutional investors (DIIs) supported the markets by purchasing equities worth Rs. 3,900 crore during the day.

    Sensex Technical Outlook

    Technically, the Sensex recorded an intraday pullback from lower levels after a slow start. However, the short-term trend remains weak. According to Shrikant Chouhan, Head of Equity Research at Kotak Securities, “For day traders, 74,300 will act as an immediate resistance zone. Below these levels, weak sentiment is likely to continue. On the downside, the market could retest the 74,000–73,500 levels. On the upside, above 74,300, the pullback can extend towards 74,600–75,000.”

    Nifty 50 Technical Outlook

    On Wednesday, the Nifty 50 formed a small green candle with wicks on both sides, signaling indecision among traders. The daily RSI remains in the oversold zone but has recovered from yesterday’s low, indicating some improvement in momentum. Immediate support for the index is near 23,110–23,120, representing the lows of the previous two trading sessions. A decisive close above 23,460 would provide the first indication of improving short-term sentiment. A break below 23,110 would signal renewed weakness and could extend the decline toward 23,070, followed by 22,850.

    Bank Nifty Technical Outlook

    The Bank Nifty is consolidating near the 50% Fibonacci retracement level of the previous upward move from 52,783 to 58,706. Nevertheless, the general undertone remains weak as the index continues to trade below both short- and long-term moving averages. Sudeep Shah, Head of Technical and Derivatives Research at SBI Securities, noted, “Going forward, the 55,700–55,600 zone is likely to serve as an important support area for the index. A sustained breach below 55,600 could intensify selling pressure and open the door for further downside towards 55,000, followed by 54,500 in the near term. On the upside, the 56,700–56,800 zone is expected to act as a significant resistance band, and the index would need to surpass this hurdle to improve the short-term technical outlook.”

    Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks can be highly volatile and risky. Always conduct your own research before making any investment decisions.

  • Indian Stocks Plunge: Sensex Drops 778 Points, Nifty Hits 5-Month Low on Crude Surge

    Indian Stocks Plunge: Sensex Drops 778 Points, Nifty Hits 5-Month Low on Crude Surge

    Indian stock markets ended sharply lower on Tuesday, with the BSE Sensex falling 777.94 points (1.04%) to close at 74,003.82, while the NSE Nifty dropped 279.50 points (1.19%) to 23,118.60—its lowest close since April 6. The selloff was driven by surging crude oil prices, elevated global bond yields, rate hike fears, and weak global market sentiment.

    Markets had opened higher, with the Nifty trading near 23,495 and the Sensex above 75,100, but selling pressure intensified later in the session. The Sensex settled at a three-month low.

    Oil Prices and Rate Hike Fears Weigh on Sentiment

    Brent crude traded above USD 107 per barrel during the session, while WTI crude remained above USD 102. India, a major crude importer, remains highly sensitive to energy price spikes. Higher oil prices raise import costs, fuel inflation, and put pressure on the rupee, which weakened against the U.S. dollar.

    Vinod Nair, Head of Research at Geojit Investments Limited, said, “Domestic markets remained under pressure, extending their recent correction as elevated crude oil prices and rising global bond yields weighed on sentiment.” He added that expectations of tighter monetary policy also kept investors cautious, with U.S. Treasury yields near multi-year highs.

    Bharat Electronics Leads Losses; IT Stocks Buck Trend

    Bharat Electronics was the biggest loser among Sensex stocks, falling about 6%. Other laggards included InterGlobe Aviation, Titan, Bajaj Finserv, Adani Ports, Mahindra & Mahindra, and State Bank of India. Selling spread across banking, auto, energy, and metal sectors.

    However, information technology stocks rallied. HCL Technologies rose 3.98%, Infosys gained 3.64%, Tech Mahindra advanced 2.31%, and Tata Consultancy Services climbed 2.18%. According to Nair, IT stocks benefited from recent comments suggesting slower development of advanced AI, easing concerns about disruption to traditional tech services.

    Global Markets Add Pressure

    Asian markets ended lower: South Korea’s Kospi, Japan’s Nikkei 225, China’s Shanghai Composite, and Hong Kong’s Hang Seng all closed in negative territory. European markets traded lower, while U.S. stocks ended Monday with losses.

    Hariselvan Radhakrishnan, Founder and CEO of HST Wealth, commented, “Indian equities suffered a sharp reversal on Tuesday, surrendering their opening gains as Brent crude hovered near USD 107.40 a barrel, US bond yields remained elevated and investors adopted a cautious stance ahead of the Federal Reserve’s policy decision.”

    Foreign institutional investors sold shares worth Rs 930.90 crore on Friday, according to exchange data. The Indian equity market was closed Monday for Ganesh Chaturthi.

    Going forward, investors will track crude oil prices, the Federal Reserve’s policy decision, global bond yields, foreign fund flows, and geopolitical developments for market direction.

  • Mastering Sensex and Nifty: A Practical Guide to Interpreting Market Movements

    Mastering Sensex and Nifty: A Practical Guide to Interpreting Market Movements

    The headline number of the Sensex or Nifty can be misleading. Real market strength reveals itself through breadth, sector leadership, and the extent to which a move spreads beyond a handful of large stocks. Volume, India VIX, and the underlying trigger add crucial context. Persistence is what separates noise from a genuine trend.

    What Sensex and Nifty Actually Measure

    The Sensex tracks 30 major companies listed on the BSE, while the Nifty 50 tracks 50 major companies on the NSE. Both use free-float market capitalization weighting, giving larger companies more influence over the index. A sharp move in a heavyweight stock like Reliance Industries or HDFC Bank can noticeably affect the index, even if many smaller stocks barely react. This is why the headline index can sometimes look stronger or weaker than the broader market.

    Start with the Size of the Move

    First, check the percentage change and point movement against the previous close. This shows the scale of the move but says nothing about its cause or quality.

    Check Whether the Move Is Broad

    Market breadth compares advancing stocks against declining ones. If Nifty rises while more stocks fall than rise, the rally is riding on a few large names. If the index gains only a little while a large number of stocks move up, the market underneath is healthier. For example, a 0.5% Nifty gain with a negative advance-decline ratio indicates a narrow, top-heavy move. The same gain with a strongly positive ratio signals genuine, broad-based buying. Narrow rallies unwind quickly; broad advances tend to hold up better.

    Find Which Sectors Are Leading

    Sector indices for banking, IT, auto, and pharma often move for different reasons. Banking stocks respond to interest-rate expectations, credit growth, and earnings. IT stocks react to global technology spending and currency shifts. Watching which sector leads or lags explains what is really driving the day’s number. The index is a mix of moving parts, not one uniform block.

    Use Volume and India VIX for Context

    Volume provides context. A sharp move on unusually heavy trading deserves more attention than a similar move on a quiet, low-volume day. India VIX measures expected volatility. A higher VIX does not predict direction—it simply means bigger swings are on the table. The real question is whether that jump in uncertainty is tied to a specific event or reflects a deeper shift in investor sentiment.

    Connect the Move to Its Trigger

    Big single-day swings almost always have a specific cause: earnings from index heavyweights, RBI policy calls, inflation data, crude oil prices, or overnight moves in US markets. Markets trade on expectations, not just the news. A strong earnings report can still lead to a stock decline if investors expected even better. Conversely, weak economic data can spark a rally if it raises hopes of rate cuts. Foreign institutional flows also matter, especially in large-cap names, but they work best as one piece of the puzzle.

    Separate Noise from a Trend

    A single day’s swing often reflects one news event. A steady move across several weeks usually points to a broader shift in sentiment or earnings expectations. Treating every daily fluctuation as meaningful leads to overreaction. Watching the trend over weeks gives a clearer picture.

    A Framework for Reading Sensex and Nifty

    Running through these six checks turns a single index number into a fuller picture of what actually happened and why.

    Final Thought

    The index shows what happened; breadth and leadership reveal how widely the move was shared. Volatility and the trigger explain the market’s immediate response, while persistence shows whether the move has turned into a real trend. That is the difference between watching the market and actually reading it.

  • Indian Equities Open Lower as Crude Oil Surge Pressures Sentiment: Nifty and Sensex Decline

    Indian Equities Open Lower as Crude Oil Surge Pressures Sentiment: Nifty and Sensex Decline

    The Indian stock market opened sharply lower on Friday, weighed down by a continued surge in crude oil prices that dampened investor sentiment. The Nifty 50 index started the session 207.5 points or 0.88% lower at 23,270.30, while the Sensex fell 593.43 points to 74,309.16. The Bank Nifty also opened 501.8 points below its previous close.

    Broader market indices mirrored the weakness, with the Nifty midcap index slipping 0.4% while the smallcap index remained flat. The Indian rupee weakened further, opening 24 paise lower at Rs 95.68 against the US dollar, compared to its previous close of Rs 95.44.

    According to NSE data, foreign institutional investors turned net sellers on Thursday, offloading equities worth Rs 438.24 crore. In contrast, domestic institutional investors remained buyers, purchasing a net Rs 1,025.85 crore worth of Indian shares.

    Sensex Outlook

    Technically, the short-term outlook for the Sensex remains weak, but oversold conditions could trigger a pullback. “For day traders, 74,700 would act as key support zones, while 75,000 would be the immediate hurdle for the bulls. A move above 75,000 could extend the bounce back to 75,500-75,700. Conversely, below 74,700, selling pressure is likely to accelerate, potentially dragging the index to 74,500-74,200,” said Shrikant Chouhan, Head of Equity Research at Kotak Securities.

    Nifty 50 Outlook

    The Nifty 50 formed a high-wave candle on the daily chart with a lower high and lower low, indicating consolidation with a corrective bias. Weakness could extend the recent one-month decline toward the 23,300-23,200 zone in the coming sessions—the 80% retracement level of the prior up move from 23,070 to 24,774.

    On the upside, a pullback is possible if Nifty holds above Thursday’s low of 23,380. “A pullback attempt will face immediate resistance at Wednesday’s gap area of 23,650, with stiff resistance around 23,800-24,000 levels—the recent breakdown zone and the 20-day EMA. The previous support area is likely to reverse its role and act as resistance in the short term,” explained Pabitro Mukherjee, Deputy Vice President-Research at Bajaj Broking.

    Bank Nifty Outlook

    The Bank Nifty formed a small bullish candle on its daily chart in the prior session, but the pattern of lower highs and lower lows persists, signaling consolidation with a corrective bias. The index currently trades near the lower end of its 10-week range of 56,000-58,700. A break below 56,000 could trigger further downside toward 55,300 and 54,800 in the coming weeks.

    “The immediate bias remains down, and only a sustained formation of higher highs and higher lows on the daily chart would signal a pause in the downtrend. Sustaining above 56,000 on a closing basis would indicate a continuation of the 10-week consolidation,” added Mukherjee.

    Disclaimer: This article is for informational purposes only and does not constitute investment advice. Readers are encouraged to conduct their own research before making any investment decisions.

  • Indian Stock Market Tumbles: Sensex Plunges 555 Points as US-Iran Tensions Push Crude Prices Higher

    Indian Stock Market Tumbles: Sensex Plunges 555 Points as US-Iran Tensions Push Crude Prices Higher

    Indian equity markets came under severe pressure on September 8, as escalating hostilities between the United States and Iran in the Persian Gulf drove crude oil prices higher and exacerbated concerns over the weakening rupee. The benchmark Sensex fell 555 points to close at 75,577, while the broader Nifty declined 144 points to end at 23,635.

    The latest decline extends the Sensex’s one-month loss to nearly 3,000 points, or 3.8%, and the Nifty’s drop to 949 points, or 3.9%. Foreign funds continued to offload Indian stocks, adding to the negative sentiment on Dalal Street.

    Foreign Investor Selling Accelerates in September

    Foreign investor activity had been cautious since mid-August, with net purchases of Rs. 2,953 crore from August 10 through the end of the month, according to combined data from NSDL and BSE. However, the trend reversed sharply in September, with foreign funds net selling stocks worth approximately Rs. 12,700 crore so far this month, further pressuring the market.

    Rupee Weakens Amid Risk-Off Mood

    The Indian rupee also remained under pressure, falling 34 paise to close at 94.83 per U.S. dollar, despite a record $136 billion inflow through the Reserve Bank of India’s special dollar deposit scheme for NRIs. According to Dilip Parmar of HDFC Securities, the rupee fell in a risk-off environment because of high crude oil prices and aggressive dollar buying.

    Market Experts Comment on Rising Tensions

    Ankur Punj, Managing Director at Equirus Wealth, noted that renewed hostility between the U.S. and Iran pushed investors toward a low-risk stance on equity assets. “Mirroring weak global cues, domestic markets extended their losing streak Tuesday amid selling in banking, IT, oil and gas, and realty shares. Increasing tension in West Asia triggered a sharp rise in crude oil prices, while depreciation in the local currency against the dollar also dampened the overall market sentiment,” he said.

    Investors Lose Rs. 35,000 Crore in a Single Day

    The sharp decline in market values resulted in losses of approximately Rs. 35,000 crore for investors on that day. The total market capitalization of BSE stood at Rs. 486.2 lakh crore. Among Sensex stocks, ICICI Bank, HDFC Bank, and Reliance Industries contributed the most to the decline. However, purchases in BEL, Hindustan Unilever, and Adani Ports helped stem further losses.