Dalal Street is in turmoil! The once unstoppable Indian stock market is now in free fall, with the Sensex and Nifty nosediving from their record highs. The Sensex, once on track to hit 1,00,000, has tumbled 15% since September, while Nifty 50 has dropped 16%. The carnage is even worse in the broader market—Nifty Midcap 100 is down 21%, and Nifty Smallcap 100 has crashed 25%. In just months, investor wealth worth a staggering ₹94.5 lakh crore has been wiped out. Even the titans of Indian industry—Reliance, Adani Enterprises, and Tata’s TCS—aren’t spared. These giants have collectively lost over ₹11 lakh crore in market value. So, what's fuelling this sell-off? Foreign investors are pulling billions out of India, favouring China after its massive $1.4 trillion stimulus. Add to this weak corporate earnings, global geopolitical tensions, and concerns over high valuations, and the sell-off seems inevitable.
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