Stock Market Today Highlights: Sensex Cracks 770 Points, Nifty 50 Ends 1% Lower Near 25,000; Adani Group Stocks Slip
Adani Group stocks dropped up to 14%, contributing to Sensex’s 770-point fall amid foreign investor selling and rupee hitting a record low of 91.97 against the dollar.
- On Friday, BSE Sensex fell 769.67 points to 81,537.70 as NSE Nifty 50 dropped 241.25 points to 25,048.65 amid broad selling.
- Rupee weakness and legal action compounded pressure as foreign institutional investors logged net sales of Rs 36,591 crore and the US SEC sought to email summons to Gautam Adani and Sagar Adani on Friday.
- Adani group stocks led losses, with Adani Green Energy tanked 14% after reporting a Rs 5 crore net profit in Q3FY26, down 99% YoY, and Adani Energy Solutions fell 11% after an 8% profit decline.
- The immediate fallout shows the BSE market cap fell below Rs 452 lakh crore from Rs 458.5 lakh crore, with both Sensex and Nifty losing around 2.5% and broader market indices underperforming.
- Benchmarks have already fallen about 4.2%-4.3% so far in 2026, and markets will closely monitor US Consumer confidence data on Tuesday, the US Federal Reserve decision, and Union budget 2026 next week.
11 Articles
11 Articles
Markets tank 1 pc amid widespread sell-off, Sensex slips below 82K
Mumbai: Equity benchmark indices Sensex and Nifty resumed their downward journey to end nearly 1 per cent lower on Friday, January 23, dragged by widespread sell-off and the rupee depreciating to hit a record low against the US dollar. Besides, investors rushing to safe-haven assets from riskier assets and unabated foreign capital outflows in the absence of domestic triggers added to the gloom, traders said. The 30-share BSE Sensex tumbled 769.6…
Stock Market Today Highlights: Sensex cracks 770 points, Nifty 50 ends 1% lower near 25,000; Adani group stocks slip
Stock Market Today Highlights: Nifty 50 on Friday's session, wobbled and underperformed global peers despite easing geopolitical and trade tensions with the US. Sensex dropped by 0.95% to finish at 81,537, while the Nifty 50 decreased by 0.95%, closing at 25,048.
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