Stock market rout: Sensex sinks to 6-month low, Rs 17 lakh crore wiped out in a month
The sell-off intensified on Monday. The BSE benchmark plunged 1,124.02 points, or 1.52%, to close at 72,771.72, marking its lowest closing level since March 30, 2026. The Nifty fell 360.25 points, or 1.56%, to finish at 22,780.25, its lowest level in nearly six months. The weakness was also visible beyond the frontline indices. The BSE SmallCap Select index fell 1.90%, while the MidCap Select…
The BSE Sensex, India's benchmark 30-share index, has plummeted to a six-month low, with a dramatic 1.52% decline to 72,771.72 points on Monday. This marks the lowest closing level since March 30, 2026. The Nifty, another major index, also hit a six-month low, falling 1.56% to close at 22,780.25. The decline resulted in a loss of Rs 7.52 lakh crore in investor wealth, wiping out Rs 17.17 lakh crore of total market value over the past month.
Major companies like Larsen & Toubro, Power Grid, Adani Ports, HDFC Bank, Hindustan Unilever, and Reliance Industries all suffered significant losses. The sell-off was driven by rising crude oil prices, geopolitical uncertainty, weak global markets, and a sharp rise in US bond yields. Analysts warn of a cautious near-term outlook, with the index potentially facing further challenges above the 22,400–22,600 support zone.
Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
