5 triggers behind Rs 9L cr wipeout TIL Creatives Synopsis Indian markets faced a notable downturn, witnessing significant erosion of capitalisation.
Factors like climbing US bond yields and escalating oil prices heightened inflation fears among investors.
Anticipation of a rate hike by the Federal Reserve added to the market's woes.
Additionally, growing geopolitical tensions in the Middle East, combined with a thriving IPO environment, intensified the pressure, culminating in a widespread sell-off across various sectors.
By Debaroti Adhikary, ETMarkets.com XPeers Power Grid Corporation of India Share Price Adani Energy Solutions Share Price Last Updated: Sep 15, 2026, 03:54:00 PM IST Follow us The Indian stock market sharply reversed its morning gains to close deep in the red, as surging bond yields, rising oil prices and a wave of global uncertainty rattled investor sentiment.ADVERTISEMENT The Sensex plunged nearly 1,430 points from its day's high of 75,436, while the Nifty 50 tumbled below the 23,150 level.At the close, Sensex settled 778 points lower at 74,003, while, Nify dropped 279 points to 23,118.
The reversal marks a nearly 2% intraday drop for the benchmark indices.
The sharp plunge wiped out more than Rs 9 lakh crore from the total market capitalisation of BSE-listed companies, dragging it down to Rs 472 lakh crore.
Bharat Electronics (BEL) shares crashed more than 6% to lead losses on Sensex.
IndiGo, Titan, Bajaj Finserv, Adani Ports, M&M, SBI, Trent, Asian Paints, Bajaj Finance, Eternal, UltraTech Cement, Axis Bank, Kotak Mahindra Bank and Power Grid shares fell 2-4% to follow.
Bucking the trend, HCLTech, Infosys, TechM and TCS shares rallied up to 4% as the global AI selloff boosted sentiment of Indian IT stocks, while heavyweight HDFC Bank shares gained over 1% as CEO succession race speeds up.Broader markets crashed deeper into the red, with Nifty Smallcap 100 and Nifty Midcap 100 plunging over 2% each.
Among the sectors, Nifty Realty crashed over 4% to lead losses, while Nifty Auto, Nifty Metal, Nifty PSU Bank, Nifty Consumer Durables and others dropped 2-3% each.
