Nifty

India’s equity markets witnessed a sharp downturn as investor wealth eroded by Rs. 12.87 lakh crore in a single trading session, reflecting heightened global uncertainty and rising energy prices. The benchmark BSE Sensex plunged over 3 percent, marking its steepest decline in nearly two years. The sell-off was triggered by escalating geopolitical tensions in West Asia, which drove crude oil prices sharply higher, intensifying inflationary concerns.

India’s benchmark equity indices rebounded strongly on Monday after three consecutive sessions of sharp declines, driven by renewed investor interest in blue-chip banking stocks. The BSE Sensex climbed 938.93 points, or 1.26 percent, to close at 75,502.85, while the NSE Nifty rose 257.70 points, or 1.11 percent, ending the day at 23,408.80. Market participants engaged in value-buying after the recent correction, particularly in large-cap companies.