Indian stock markets fell sharply on Monday, October 19, erasing the previous week's recovery and wiping out more than Rs 5 lakh crore in investor wealth. The BSE Sensex dropped over 1,000 points, or 1.4%, to an intraday low of 73,709, while the NSE Nifty 50 lost about 300 points. Major drivers included heavy selling in banking stocks after September-quarter results, with HDFC Bank, ICICI Bank and Axis Bank accounting for half of the Sensex's decline; Brent crude near $108-$109 per barrel amid tensions around the Strait of Hormuz; and foreign investors pulling out Rs 52,100 crore in October after Rs 35,861 crore in September. Midcap and smallcap stocks also fell.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Stock Market Crash Today : Investors Lose Rs 5 Lakh Crore As Sensex , Nifty Plunge . What Went Wrong ?
Read the original on newsx.com ↗
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Indiaoil pricescapital flowsbanksStrait of Hormuz
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Related tickers and likely impact
VNINDEX
▼ Likely negativeRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/19/2026 | 1,689.84 |
| Change that session | -0.94% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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