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Sensex Drops 252 Points and Nifty Falls Below 22650 Amid Profit Booking
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Moneycontrol•14-10-2026, 16:00
Sensex Drops 252 Points and Nifty Falls Below 22650 Amid Profit Booking
- •Indian benchmark indices closed lower on October 14 due to profit booking, rising crude oil prices, and persistent foreign investor outflows.
- •Sensex fell 251.89 points to 72,781.89, while the Nifty dropped 99.25 points to end at 22,622.70.
- •Pharma and realty sectors dragged the market down, whereas IT, FMCG, and energy sectors posted gains of up to 1 percent.
- •Hero Motors and Tata Elxsi shares rallied following strong second-quarter earnings reports.
- •Market experts suggest strong support levels at 22,500 and 22,450, while key resistance is seen near the 22,750 to 22,800 zone.
Key Questions Answered
Indian benchmark indices experienced profit booking on October 14, 2026, due to rising crude oil prices and ongoing foreign investor outflows, which negatively affected market sentiment.
At the close of trading on October 14, the Sensex dropped 251.89 points or 0.34 percent to finish at 72,781.89, while the Nifty slipped 99.25 points or 0.44 percent to settle at 22,622.70.
Information Technology, Energy, Oil & Gas, Media, and FMCG sectors saw gains of 0.5 to 1 percent, while strong performing individual stocks included Infosys, Nestle, Tech Mahindra, Tata Consumer, and Coal India.
