Thursday, 12 November 2026 IPO data updated 7 minutes ago

Sensex Crashes 500 Points, Nifty Falls Below 22,450 Amid Heavy Selling in IT Stocks

Sensex Crashes 500 Points, Nifty Falls Below 22,450 Amid Heavy Selling in IT Stocks

The Indian stock market witnessed a sharp decline on October 26, 2026. The Sensex fell over 500 points, while the Nifty slipped below the 22,450 mark. Heavy selling in IT stocks, rising crude oil prices, and global market uncertainty weighed on investor sentiment.

3 Key Reasons Behind the Market Fall:

  • Heavy Selling in IT Stocks: The IT sector declined around 2.3%. Infosys shares fell nearly 3.4% after the company lowered its annual revenue growth forecast.
  • Rising Crude Oil Prices: Brent crude was trading near $114 per barrel, raising concerns about oil supply amid reported attacks involving Saudi Arabia.
  • US Federal Reserve Decision: Investors are closely watching the US Federal Reserve’s upcoming interest rate decision, which could influence global markets and foreign investment flows.

Going forward, investors will monitor crude oil prices, IT sector performance, and global economic developments for further market direction.

Disclaimer: This news is for informational purposes only and does not constitute investment advice.

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