📷 Image: Wikimedia Commons / Niyantha Shekhar
Business
Indian Stock Markets Drop, Rs 6 Lakh Crore Lost as Sensex, Nifty Hit Record Low
✍️ The Times of India
🗓 02 Oct 2026, 11:47 AM
👁 13
The BSE Sensex and NSE Nifty fell sharply today, erasing a combined Rs 6 lakh crore in market value as investors reacted to global and domestic pressures.
The BSE Sensex slipped by over 1,200 points, while the NSE Nifty dropped more than 1,000 points, marking the steepest decline for both indices in recent history. The combined market value loss reached approximately Rs 6 lakh crore, a figure that underscores the severity of the sell‑off.
Analysts attribute the plunge to a mix of global uncertainty, including rising interest rates in the United States, and domestic concerns such as a slowdown in manufacturing output and a dip in consumer confidence. The volatility was further amplified by a sharp decline in the prices of key commodities, notably oil and gold.
Investors reacted swiftly to the negative data, leading to a wave of sell orders across major exchanges. The BSE’s benchmark index closed at a record low, while the NSE’s flagship index also fell to its lowest point in several months.
The downturn is expected to have a ripple effect on corporate earnings reports and may prompt central bank officials to reassess monetary policy. Market participants are now closely monitoring upcoming economic indicators and corporate disclosures for signs of a potential rebound.
Analysts attribute the plunge to a mix of global uncertainty, including rising interest rates in the United States, and domestic concerns such as a slowdown in manufacturing output and a dip in consumer confidence. The volatility was further amplified by a sharp decline in the prices of key commodities, notably oil and gold.
Investors reacted swiftly to the negative data, leading to a wave of sell orders across major exchanges. The BSE’s benchmark index closed at a record low, while the NSE’s flagship index also fell to its lowest point in several months.
The downturn is expected to have a ripple effect on corporate earnings reports and may prompt central bank officials to reassess monetary policy. Market participants are now closely monitoring upcoming economic indicators and corporate disclosures for signs of a potential rebound.