Sensex Crashes 1,837 Points, Nifty Below 22,550 As West Asia War Deepens

Broad-based selloff drags markets to April 2025 levels; Titan, Trent, Ultratech among top losers as all BSE sectoral indices end in red

By :  Numa Singh
Update: 2026-03-23 12:22 GMT

Indian benchmark equity indices suffered their sharpest single-day fall in recent weeks on Monday, with the BSE Sensex plunging 1,837 points and the Nifty50 tumbling 602 points as the escalating West Asia conflict and weak global cues triggered a broad-based selloff across sectors.

The Sensex closed at 72,696 — down 2.46 per cent — while the Nifty settled at 22,513, a decline of 2.6 per cent. Markets opened with a gap-down of over one per cent and saw selling pressure intensify through the session, dragging indices to levels last seen in April 2025.

Among the Sensex-30 pack, 26 of 30 stocks ended in the red. Titan was the worst performer, slumping 6.2 per cent, followed by Trent at 5.9 per cent and UltraTech Cement at 5.2 per cent. The few gainers offered little comfort — HCL Tech rose 1.8 per cent, PowerGrid added 1.4 per cent, and Infosys edged up 0.3 per cent.

All BSE sectoral indices closed in negative territory. Consumer Durables led the losses at 4.9 per cent, with Realty and Metal both shedding nearly 4.8 per cent, and Services declining 4.7 per cent.

Market breadth was overwhelmingly negative, with 3,798 stocks declining against just 635 advancing and 123 unchanged on the BSE — reflecting the widespread nature of Monday's selloff as investor sentiment remained deeply rattled by the unfolding geopolitical crisis.

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