Sensex Plunges 1,200 Pts From Day's High, Nifty Below 22,400. 4 Factors Behind Rs 10 Lakh Crore Wipeout

Nifty sinks below 22,400, breadth collapses as metal, finance stocks lead rout

Market breadth on BSE painted a stark picture. Of 4,379 stocks traded, 3,598 declined against just 580 advances, with 201 unchanged. As many as 645 stocks hit 52-week lows, compared to just 52 at 52-week highs.

Broader markets crash! Small, midcap indices tumble up to 4%. Why analysts are sounding the alarm

Smallcap and midcap stocks plunged up to 4% on Friday, extending a sharp weekly selloff as analysts warned that valuations remain difficult to justify. The Nifty Smallcap 250 index has fallen around 8% this week, while the Nifty Midcap 100 is down 6%, despite a resilient earnings growth outlook.

Freaky Friday in stock market today: Sensex, Nifty reverse morning gains and crash for 3rd session — what led to blood?

Indian markets reversed early gains on Friday, with the Sensex and Nifty extending losses for a fourth session. Surging crude prices, Middle East tensions, global technology weakness and broad-based selling hit investor sentiment, while elevated oil costs and uncertain earnings cloud the outlook.

Sensex plunges 1,200 pts from day's high, Nifty below 22,400. 4 factors behind Rs 10 lakh crore wipeout

The Sensex and Nifty extended losses on Friday as crude oil prices surged and foreign investor selling resumed. The selloff wiped out nearly Rs 10 lakh crore in market value, with smallcap and midcap stocks leading declines. Oil supply concerns and geopolitical tensions weighed on investor sentiment.