D-St set for a negative opening as GIFT Nifty signals weak start
Selling in power and metal stocks and a broad Asian slump pushed the Sensex down 678.90 points and the Nifty 250.90 points, brokers said.
- On Thursday, October 22, 2026, the BSE Sensex and NSE Nifty declined in early trade, dragged down by selling in power and metal stocks amid a broad Asian market sell-off.
- Asian markets, including South Korea's Kospi and Hong Kong's Hang Seng, traded sharply lower, while elevated crude oil prices and high U.S. bond yields weighed on investor sentiment.
- The 30-share BSE Sensex plunged 678.90 points, or 0.92%, to 73,030.79, while the 50-share NSE Nifty declined 250.90 points, or 1.10%, to 22,568.10, with 1,845 stocks declining on the NSE.
- Despite Foreign Institutional Investors buying equities worth Rs 22,728.50 crore on Wednesday, October 21, 2026, the improvement in institutional flows has yet to translate into stronger market momentum.
- Choice Broking Private Limited analyst Deepesh Sarawagi noted the near-term outlook remains defensive, as elevated volatility and resistance overhead could encourage selective trading and limit aggressive buying.
29 Articles
29 Articles
Sensex, Nifty decline in early trade as power, metal stocks drag markets lower
Asian markets were sharply lower, with South Korea's Kospi declining 3.12 per cent, Hong Kong's Hang Seng benchmark falling 3%, Japan's Nikkei 225 index losing 1.94% and Shanghai's SSE Composite Index slipping nearly 1%
Sensex Falls over 500 Points at Open as Crude Prices Rise; Nifty Slips Below 22,600
Get latest articles and stories on Business at LatestLY. Indian equity benchmarks fell sharply at open on Thursday, with the Sensex declining over 525 points and the Nifty slipping below 22,600, as elevated crude oil prices and high US bond yields weighed on sentiment amid continued profit booking. Business News | Sensex Falls over 500 Points at Open as Crude Prices Rise; Nifty Slips Below 22,600.
Stock Market Crash: The stock market witnessed chaos as soon as it opened on Thursday. Both the Sensex and Nifty indexes collapsed immediately. The BSE Sensex plunged 700 points.
22 October, 2026 Stock Market Updates: Sensex down 366 points, Nifty below 22,700, Power Grid drops 2%
Asian markets dip as fading momentum in the US technology rally weighed on equity futures. However, the US stock market ended higher after strong profit reports from SpaceX and other companies.
Coverage Details
Bias Distribution
- 64% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
