Thursday, 12 November 2026 IPO data updated 11 minutes ago

Bloodbath on D’Street! Sensex Crashes 1,247 Points, Nifty Slips Below 23,100

Bloodbath on D’Street! Sensex Crashes 1,247 Points, Nifty Slips Below 23,100

On 24 September 2026, Indian markets witnessed a sharp sell-off. The Sensex fell 1,247.71 points (-1.67%) to close at 73,580.54, while the Nifty declined 383.70 points (-1.64%) to 23,063.10. India VIX also surged 22.76%.

Why Did the Market Crash?

  • Crude Oil: Brent crude rebounded to around $106.5/barrel, raising inflation concerns for India.
  • US Bond Yields: The US 10-year yield moved above 5%, increasing concerns over higher-for-longer interest rates.
  • Insurance Regulation: IRDAI's proposed commission caps and tighter expense limits put pressure on insurance, banking and fintech stocks.
  • Rupee + FII Selling: Rupee weakness and ₹5,027 crore of FII selling further hurt market sentiment.

Rising bond yields, expensive crude, regulatory concerns and FII selling combined to trigger heavy selling on D’Street. Financial, insurance, auto and metal stocks faced broad-based pressure.

This news is for information only and is not investment advice. Please do your own research before making investment decisions.