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Stock Market Crash: Nifty plunges 200 points, check out 5 major reasons
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CNBC Awaaz•07-10-2026, 09:54
Stock Market Crash: Nifty plunges 200 points, check out 5 major reasons
- •Markets showed caution ahead of the RBI policy decision with expectations of a potential rate hike making borrowing more expensive.
- •Crude oil prices surged back above 100 dollars, with Brent rising to 101.79 dollars per barrel and raising inflation concerns.
- •Foreign institutional investors continued selling pressure by offloading shares worth significant amounts in the previous session.
- •High US bond yields with the 10-year government bond at 5.28 percent presented a challenge for foreign investment in Indian equities.
- •Heavy selling in major large-cap stocks like Titan, M&M, Asian Paints, Bajaj Finserv, and Maruti dragged the index down.
Key Questions Answered
The Nifty slipped below 22,600 due to five key pressures, including anticipation of an RBI rate hike, crude oil prices surpassing $100 per barrel, foreign investor selling, high US bond yields, and selling in large-cap stocks like Titan and Maruti.
Foreign Institutional Investors (FIIs) sold shares worth Rs 2,961.30 crore in the previous session, while domestic institutions bought shares worth Rs 5,088.92 crore.
Selling in large-cap stocks heavily pressured the index, with Titan dropping approximately 2.63%, alongside declines in M&M, Asian Paints, Bajaj Finserv, and Maruti.
