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Nifty 50 Sinks to 52-Week Low, Sensex Erases Rs 10 Lakh Crore Amid Massive Market Rout
M
Moneycontrol•13-10-2026, 14:50
Nifty 50 Sinks to 52-Week Low, Sensex Erases Rs 10 Lakh Crore Amid Massive Market Rout
- •The Nifty 50 plunged to a 52-week low of 22,179.90 and Sensex plummeted by 1,045 points, erasing over Rs 10 lakh crore in investor wealth.
- •Key market triggers included crude oil prices crossing USD 104 a barrel due to West Asia tensions and the US 10-year yield surging to 5.35%.
- •The sell-off was broad-based, with Nifty Smallcap 100, Midcap 100, Metal, and Realty indices sliding over 2 to 3 percent.
- •Experts note the crash reflects a macro reset driven by geopolitical uncertainty, currency weakness, and tighter financial conditions across emerging markets.
- •Investor sentiment remained cautious ahead of the Q2FY27 earnings season kicking off with TCS and amid weak global cues across Asian markets.
Key Questions Answered
The market rout was triggered by a sharp rise in crude oil prices above $104 a barrel due to West Asia tensions, alongside US 10-year yields climbing to 5.35% which accelerated capital outflows from emerging markets.
Over Rs 10 lakh crore in market capitalization was erased as the Sensex dropped 1,045 points to close at 71,593 and the Nifty 50 sank to its lowest point in 2026 at 22,179.90.
The sell-off was broad-based, with the Nifty Smallcap 100 and Nifty Midcap 100 dropping over 2%, while Nifty Metal and Nifty Realty suffered losses exceeding 3% each.
