The Indian stock market crashed on Thursday, with Nifty hitting the lowest level since April 2025 as RBI policy tightening, persistent FII selling and other factors spooked investors.
The Nifty 50 sank to a fresh 52-week low of 22,179, before recovering some losses to close at 22,232. Sensex meanwhile plunged more than 1,045 points to close at 71,593. The sharp sell-off wiped out more than Rs 10 lakh crore from the total market capitalisation of companies listed on the BSE, taking it to Rs 460 lakh crore.