Market rout wipes out ₹9.50 lakh crore in value
India's equity market faced a sharp decline on Tuesday, with NSE Nifty down 279.50 points to 23,118.60 and BSE Sensex falling 777.94 points to 74,003.82. The rout wiped out ₹9.50 lakh crore in market capitalisation, driven by rising crude oil prices and expectations of a repo rate hike.
pre-market1 source ↓written by the desknot a recommendation
- 1.19 to close
- 279.50 points
- to close
- 23,118.60
- its lowest
- 6 April 2026
- 1.04
- 777.94 points
- 1.04
- 74,003.82
India’s equity market experienced a severe downturn on Tuesday, with NSE Nifty dropping 279.50 points (1.19%) to close at 23,118.60, its lowest since 6 April 2026. The BSE Sensex fell 777.94 points (1.04%) to 74,003.82. Overall market capitalisation decreased to ₹473.62 lakh crore, erasing ₹9.50 lakh crore in a single session. 📉
Key factors include rising crude oil prices, higher bond yields, and a falling rupee, which have significantly impacted investor sentiment.
Not investment advice. For informational purposes only.