Indian equity benchmarks suffered steep losses during Monday’s volatile trading session, dragged lower by heavy selling in banking shares, weak corporate quarterly results, and resurgent international crude oil prices. The benchmark BSE Sensex tumbled 876.37 points, or 1.17 percent, to close at 73,852.90, while the broader NSE Nifty 50 surrendered the critical 23,000 mark to settle at 22,888.95.
Market breadth remained overwhelmingly negative on Dalal Street, with twenty-eight of the thirty Sensex constituents finishing in the red. Market participants attributed the widespread selloff to persistent foreign institutional investor liquidations, muted revenue guidance from major corporate lenders, and geopolitical escalations in the Middle East that pushed Brent crude benchmarks higher, raising domestic inflation concerns.
Selective purchases by domestic institutional investors in public sector undertakings and select metal stocks failed to counter broad-based risk-off sentiment. Market strategists advised retail investors to maintain caution and avoid aggressive leveraged positions ahead of upcoming corporate earnings releases and global central bank rate meetings.
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Sources:
https://timesofindia.indiatimes.com/business/india-business/sensex-stock-market-today-19-october-2026-live-updates-nse-bse-gift-nifty-50-top-gainers-losers-mcx-stocks-in-focus-market-news/liveblog/135038305.cms