Sensex hits 2026 low, Nifty below 22,300
after close1 source ↓written by the desknot a recommendation
- plunging
- 1,000 points
- 71,486.24
- dropping below
- 22,300
- 22,280.05
- in investor wealth
- ₹8.7 lakh crore
The Indian stock market faced significant losses on 01 Oct 2023, with the BSE Sensex plunging over 1,000 points to 71,486.24 and the Nifty 50 dropping below 22,300 at 22,280.05. This sell-off wiped out ₹8.7 lakh crore in investor wealth, driven by rising crude oil prices and geopolitical concerns.
The decline reflects growing investor anxiety, potentially impacting market sentiment in the near term. Major stocks across sectors experienced selling pressure as market capitalisation fell to ₹464.38 lakh crore from ₹473.09 lakh crore.
Not investment advice. For informational purposes only.