The Indian stock market faced severe losses, with Sensex dropping over 800 points and Nifty 50 closing at 22,829. Midcap and smallcap indices fell significantly, leading to a total market cap loss of nearly ₹10 lakh crore in one day. The mid and smallcap segments suffered even deeper cuts as the BSE Midcap index cracked 2.68 per cent and the Smallcap index plunged 3.51 per cent.
Sensex, Nifty: 3 reasons why stock market is falling today
Foreign outflows dampened investor sentiment. Foreign portfolio investors (FPIs) have been selling Indian equities since October last year, taking away nearly ₹2.5 lakh crore.
Week Q3 companies earnings Many sectors have delivered a slower-than-expected recovery, further worsening sentiment already weighed down by stretched valuations and global uncertainty.
Union Budget 2025 which is expected to balance fiscal prudence with measures to boost consumption.
Donald Trump's imposition of 25 per cent tariffs on all Colombian goods entering the US, which raised fresh concerns over tariff wars ahead.