Stories
Sensex Plunges Over 600 Points And Nifty Dips Below 22,600 Amid Broad Selling
N
News18•22-10-2026, 09:28
Sensex Plunges Over 600 Points And Nifty Dips Below 22,600 Amid Broad Selling
- •Domestic equity markets opened lower with the Sensex falling over 600 points and the Nifty slipping below the 22,600 mark in early trade.
- •Broader market indices witnessed heavy selling, with Nifty Midcap and Smallcap indices dropping between 1.4% and 1.6%.
- •India VIX surged 5.26% to 16.50, reflecting heightened nervousness among investors.
- •Key sectoral losers included Nifty Chemicals, Metal, Auto, and Cement indices, while IT and select private banks showed resilience.
- •Experts note that external headwinds like elevated crude prices and high US bond yields are driving the market correction and shifting focus toward large-caps.
Key Questions Answered
The BSE Sensex fell more than 600 points to trade at 73,099.39, while the NSE Nifty declined over 220 points, slipping below the 22,600 mark to 22,581.80 amid broad-based selling pressure.
Selling was led by auto, metal, FMCG, and broader market stocks, with the Nifty Chemicals index dropping 2.06%, the Nifty Metal index falling 1.94%, and the Nifty Auto index losing 1.89%.
Experts pointed out strong external headwinds such as elevated crude prices and high US bond yields, alongside a correction in over-valued mid- and small-cap stocks relative to large-caps.
