Economy
Sensex And Nifty Crash As Investors Lose ₹4 Lakh Crore
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THE BRIEF
1
Indian benchmark indices Sensex and Nifty 50 dropped over 1% each on Monday amid weak global cues, with the overall BSE market capitalisation shrinking to ₹469 lakh crore.
2
Elevated Brent crude prices near $108 per barrel fuelled inflation and monetary tightening concerns, while sharp declines in large private banking stocks after Q2 results weighed heavily on sentiment.
3
Foreign portfolio investors offloaded Indian stocks worth ₹52,100 crore in October and ₹3,12,402 crore throughout 2026, exacerbating the capital outflow.