Sensex Plunges 376 Points, Nifty Breaks Key Support; Investors Lose ₹1.35 Lakh Crore

Business
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Moneycontrol•06-01-2026, 16:13
Sensex Plunges 376 Points, Nifty Breaks Key Support; Investors Lose ₹1.35 Lakh Crore
- •Indian stock market saw significant declines, with Sensex falling 376 points and Nifty breaking the 26,200 support level.
- •Investors' wealth eroded by approximately ₹1.35 lakh crore as BSE-listed companies' market cap decreased.
- •Profit-booking, foreign investor selling, and US President Donald Trump's tariff statements pressured market sentiment.
- •Oil & Gas, Energy, Infra, Media, and Capital Goods sectors saw declines, while IT, Pharma, PSU Bank, and Metal indices gained.
- •ICICI Bank, HUL, Sun Pharma, SBI, TCS were top Sensex gainers; Trent, RIL, ITC, Kotak Mahindra Bank, Indigo were top losers.
Why It Matters: Indian markets fell sharply due to profit-booking and US tariff concerns, wiping out ₹1.35 lakh crore investor wealth.
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