The Sensex closed 1,124 points lower at 72,772, a drop of 1.5%, sending the Nifty 22,780 down 360 points to its lowest since April 2. —The Nifty Bank index was the biggest underperformer, sliding 1,109 points to 54,472, its steepest fall in over a week.
Broad‑based selling was the driver: 47 of 50 Nifty stocks finished lower, with several falling as much as 3%. BSE‑listed firms lost ₹8 lakh crore in market capitalisation during the session, and the volatility index spiked 13%, reflecting heightened uncertainty.
Seven Nifty names hit 52‑week lows as crude‑oil prices continued their upward trend, weighing on commodity‑heavy stocks. The Nifty PSU Bank segment fell more than 3% amid liquidity concerns across the sector.
Despite the downturn, a handful of stocks turned green. Dr Reddy’s Laboratories, Infosys, and HDFC Life all closed higher, while Voltas rose 2% on expectations of a price hike, providing a brief lift to the broader index.
The market’s reaction to SEBI’s report on a potential self‑listing panel added a layer of caution, prompting traders to reassess listing strategies. With the first half of FY27 already up 2%, investors are now looking toward upcoming earnings releases and SEBI’s final stance on the panel for next‑week direction.