Indian Stock Market Plunges: Sensex Down 770 Points, Nifty Below 25,700 Amid Global Fears

Business
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Moneycontrol•09-01-2026, 15:07
Indian Stock Market Plunges: Sensex Down 770 Points, Nifty Below 25,700 Amid Global Fears
- •Indian stock markets experienced high volatility, with Sensex and Nifty falling for the fifth consecutive day.
- •Sensex dropped 767.82 points (0.91%) to 83,413.14, and Nifty fell 246.95 points (0.95%) to 25,629.90.
- •Key reasons for the decline include continuous selling by Foreign Institutional Investors (FIIs) and caution over a US tariff decision.
- •New tariff concerns, rising crude oil prices, and a weakening rupee further pressured market sentiment.
- •Technical experts note Nifty breached key support levels, indicating increased market weakness.
Why It Matters: Indian markets crashed due to FII selling, US tariff uncertainty, rising crude, and a weakening rupee.
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