Stories
Sensex Nears 900-Point Drop, Jio IPO Sees Record Demand, and FM Warns on Capital Outflows
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CNBC TV18•19-10-2026, 22:01
Sensex Nears 900-Point Drop, Jio IPO Sees Record Demand, and FM Warns on Capital Outflows
- •Indian equity benchmarks suffered sharp losses on Monday, with the Sensex sinking nearly 900 points and the Nifty slipping below the 22,900 mark amid heavy selling in banking and tech stocks.
- •Foreign institutional investors were net sellers of ₹1,148.64 crore, while domestic institutional investors stepped in with purchases worth ₹3,201 crore.
- •Finance Minister Nirmala Sitharaman highlighted foreign capital outflows as a major risk for India in 2027, citing excess liquidity and easy investment exits as factors affecting equity market performance.
- •The Jio Platforms IPO anchor book witnessed unprecedented demand, pulling in a record ₹2.5 lakh crore from institutional investors globally.
- •Corporate earnings rolled out with Hindustan Zinc delivering a strong quarter, LTTS beating profit estimates, and Sir Dorabji Tata Trust filing its response in the ongoing Tata Trusts dispute.
Key Questions Answered
Finance Minister Nirmala Sitharaman attributes market underperformance to excess liquidity and easy investment exits, while World Bank Executive Director Neelkanth Mishra highlights rising US bond yields and complex regulatory hurdles as key deterrents for foreign investors.
On Monday, October 19, foreign institutional investors (FIIs) were net sellers of Indian shares worth ₹1,148.64 crore, whereas domestic institutional investors (DIIs) actively stepped in to buy stocks worth ₹3,201 crore.
The Sir Dorabji Tata Trust (SDTT) submitted its formal response to the Maharashtra Charity Commissioner addressing complaints filed by trustees Venu Srinivasan and Vijay Singh, meeting the extended deadline of October 19.
