Stock Market Crash Today: Late Push Sees Nifty Reclaim 22,200; Sensex Ends 2,000 Points In The Red

The rupee depreciated by 60 paise to close at 85.84 against the US dollar.

It had ended at 85.24 a dollar on Friday.

Source: Bloomberg

The rupee depreciated by 60 paise to close at 85.84 against the US dollar.

It had ended at 85.24 a dollar on Friday.

Source: Bloomberg

• The Nifty 50 and Sensex ended 3.24% and 2.95% down, respectively.

• All sectoral indices ended in the red

• The NSE Nifty Metal was the top loser, ending 6.75% down

• Trent and Tata Steel were the top losers in the Nifty

• The NSE Nifty Realty hits nearly-one month low. It ended 5.69% down

• The NSE Nifty Midcap 100 ended 3.46% down

• The NSE Smallcap 100 ended 4.13% down

• Nifty companies lose Rs 5.18 lakh crore in market capitalisation

• Nifty FMCG snaps three day gaining streak

• Nifty PSU Bank, Media, Bank, Pharma end lower for the second day in a row

• Nifty Oil and Gas, Auto, Realty, IT, Metal end lower for the third day in a row

Hindustan Petroleum Corp. share price fell 2.72%, followed by Bharat Petroleum Corp. and Indian Oil Corp. as the excise duty hike was announced.

Hindustan Petroleum Corp. share price fell 2.72%, followed by Bharat Petroleum Corp. and Indian Oil Corp. as the excise duty hike was announced.

The S&P 500 futures were down 4.09% at 4,901.25 at 5:34 a.m. (ET). This suggests that the index will slip by 21% from its recent peak, pushing the index into bear territory.

Read all the developments here.

Even as the Nifty 50 fell as much as 5.1% on Monday, its steepest one-day drop since early June, NDTV Profit picked up action in Zomato, IndusInd, HPCL, and Indus Towers from dealing room chatter during trade.

Read the entire story here.

Of all the stocks in the Nifty 50 index, only Hindustan Unilever share price advanced on Monday, with a gain of 0.26%, broadly overperforming the benchmark index trading 3.84% lower.

Goldman Sachs maintains its 'buy' call on Crompton Greaves Consumer Electricals, projecting a 45.8% upside with a new 12-month target price of Rs 480.

The brokerage highlights Crompton's favourable risk/reward profile, noting the stock has corrected 21% over the last six months, compared to an 8% decline in the BSE Sensex, the brokerage noted.

Here are the reasons why the brokerage is bullish on the electrical equipment manufacturer.

The Nifty Midcap 100 plummeted 7.26% to 46,966.60—its lowest level in a month—as panic gripped investors across sectors following a steep sell-off in global equities.

The Nifty Midcap 100 plummeted 7.26% to 46,966.60—its lowest level in a month—as panic gripped investors across sectors following a steep sell-off in global equities.

• FY25 crude steel production grew 5% to 21.8 MT

• India delivery volume at 5.6 MT vs 5.29 MT

• India production volume at 5.51 MT vs 5.69 MT

Source: Exchange Filing

• Crude steel production grew 12% to 7.63 MT JSW Steel 915.2

• Indian operation's crude steel production rose 13% to 7.4 M JSW Steel 915.2

• Capacity utilisation at Indian operations excluding trial run at 93%

Source: Exchange Filing

Assets under management of the company as of March 31 grew 7% to Rs 11,300 crore

FY25 credit cost to be within the guided range of 4.5%-5%

Source: Exchange Filing

Take a look at the biggest market crashes the country has seen since 2000.

The world's ten richest individuals collectively lost over $82 billion in a day as global markets nosedived following a shock policy move by the United States. However, Warren Buffett has managed to buck the trend making him the only billionaire in the list to still be in the green during this period.

See how the world's richest men are holding up as global markets crash.

As of 12:46 p.m., the Nifty was trading 4.67% lower, overperforming most European peers trading:

• DAX: 7.28% lower at 19,198.25

• CAC 40: 6.04% lower at 6,835.48

• FTSE 100: 5.36% down to 7,623

• Stoxx Europe 600: 4.07% down to 476.14

Thomas Cook's wholly-owned arm Sterling Holiday Resorts debuts in Punjab with the launch of Sterling Borderland Amritsar.

Source: Exchange Filing

Tata Power is set to install 100 MW battery energy storage systems in Mumbai over the next two years.

Source: Exchange Filing

• Indian equities were trading at a sharp dip after opening at a 10-month low. Nifty fell nearly 4.49% at 21,876.05 and Sensex fell over 3,221.62 points at 72,133.44 as of 12:29 p.m.

• Intraday, both Nifty and Sensex fell over 5%.

• Broader indices were trading lower. Nifty Midcap 150 fell 4.58%; Nifty Smallcap 250 was trading 5.95% lower.

• All sectoral indices fell, led by Nifty Metal and Nifty Defence.

• Nifty Bank as down 4.41%, Nifty Metal was down 8.07%.

• HDFC Bank, ICICI Bank, Reliance were top Nifty laggards.

• The company turns net cash positive target after strong FY25

• FY25 wholesales flat at 4 lakh units

• Q4 wholesales up 1.1% At 1.1 lakh units

• Q4 Retail Sales down 5.1% At 1.1 lakh units

• FY25 Retail sales flat at 4.3 lakh units

Source: Exchange Filing

The RBI has granted certificate of registration to the company's arm to commence non-banking financial institution–investment and credit company business.

Source: Exchange Filing

Shares of logistics company Delhivery Ltd. rose over 2% on Monday in contrast to a crashing market. Catch how the company's share price is faring.

Large-cap stocks bore the brunt of the sell-off, wiping out nearly Rs 10 lakh crore, while midcap stocks also faced significant declines of over Rs 3 lakh crore.

Read the whole story here.

Shares of Delhivery rose 1.31% amidst a crashing market on Monday. The company had recently announced the acquisition of a controlling stake in Ecom Express.

Notably, the company had lost 50% returns in the last five years.

Shares of Delhivery rose 1.31% amidst a crashing market on Monday. The company had recently announced the acquisition of a controlling stake in Ecom Express.

Notably, the company had lost 50% returns in the last five years.

Garden Reach Shipbuilders and Mazagon Dock Shipbuilders led the losses in the defence sector.

Garden Reach Shipbuilders and Mazagon Dock Shipbuilders led the losses in the defence sector.

Nykaa-parent FSN E-Commerce Ventures' shares declined 6.11% on Monday, even as the company said it expects continued growth momentum in the March quarter of fiscal 2025. Here's why the stock is falling.

Trent sees its biggest single day fall since COVID levels, down 43% from its 52 week high. Here's why the share price of Trent fell nearly 18% within an hour of market open.

Sun Pharmaceutical Industries Ltd., Divi's Laboratories Ltd., and Cipla Ltd. share prices dragged the NSE Nifty Pharma index to the lowest level in over 10 months. The market-cap of Nifty Pharma company declined Rs 40,476 crore to Rs 15.62 lakh crore as of 9:27 a.m.

Sun Pharmaceutical Industries Ltd., Divi's Laboratories Ltd., and Cipla Ltd. share prices dragged the NSE Nifty Pharma index to the lowest level in over 10 months. The market-cap of Nifty Pharma company declined Rs 40,476 crore to Rs 15.62 lakh crore as of 9:27 a.m.

As the Nifty and Sensex nosedive, trading halts are expected to kick in if either the indices fall 10%, 15%, or 20% in a session.

Check trigger limits and subsequent trading halt durations here.

The Nifty Auto index was down 4.84% on Monday, with losses lead by a 10% slip in the share price of Tata Motors after its luxury unit Jaguar Land Rover decided to pause exports to the US.

Catch the whole story here. 

Shares of Trent are trading 17.18% lower at Rs 4607.10 apiece, as of 09:50 a.m.

Shares of Trent are trading 17.18% lower at Rs 4607.10 apiece, as of 09:50 a.m.

Indian stock markets extended their decline for the third session on Monday after US President Donald Trump's announcement on tariffs, with the Nifty falling nearly 5%.

Here are the key factors behind the 'Black Monday' crash.

The shares of the Dominos operator fell over 2% on Monday after brokerages issued mixed views on the company's quarterly update. The shares were trading 2.25% lower at Rs 664.30 at 9:39 a.m.

Catch how the stock is performing here.

As of 9:35 a.m., the Nifty was down 3.32%, while Asian counterparts were trading at:

• Hang Seng: Down 10.84%

• Nikkei 225: Down 6%

• KOSPI: Down 4.65%

Nifty Realty hit a 52-week low in early trading on Monday, dragged by shares of Sunteck Realty, Sobha and Raymond.

Nifty Realty hit a 52-week low in early trading on Monday, dragged by shares of Sunteck Realty, Sobha and Raymond.

Over 3.64 million shares of Tata Steel were traded via a block deal on Monday. The shares of Tata Steel are stuck in a 10% lower circuit at Rs 126.35 apiece.

Over 3.64 million shares of Tata Steel were traded via a block deal on Monday. The shares of Tata Steel are stuck in a 10% lower circuit at Rs 126.35 apiece.

The Nifty Metal index was trading 6.88% lower as of 9:26 a.m., with Tata Steel dragging the gauge down.

The Nifty Metal index was trading 6.88% lower as of 9:26 a.m., with Tata Steel dragging the gauge down.

The market capitalisation of the Nifty 50 index fell Rs 6.86 lakh crore.

India's volatility gauge, Nifty VIX, rises to 54.96% on Monday.

The NSE Nifty 50 and BSE Sensex crashed at market open on Monday, in line with global peers. The Nifty 50 and Sensex were trading 3.85% and 4.16% down, respectively as of 9:16 a.m.

At pre-open, the NSE Nifty 50 was trading 5% lower at 21,758.40 and the BSE Sensex was 5.19% down at 71,449.94, respectively.

Rupee opened 51 paise lower at 85.75 against the US Dollar. It closed at 85.24 on Friday.

Source: Bloomberg

Oil prices have been driven sharply lower amid global uncertainties, especially as Saudi Arabia issued its biggest price cut on the commodity in years.

Brent crude slipped 3.25% to $63.64 a barrel, while West Texas Intermediate fell 2.73% to $60.30 as of 8:54 a.m.

• Initiates coverage with a 'buy' call with a target price of Rs 300

• Target price indicates 34% upside

• The company has emerged as an asset-light & profitable payment bank

• Transition into small finance bank bodes well for the company

• Fino to have 17% return on equity in FY28 as a small finance bank versus 13-14% under Payments bank model

• Control of digital payment services expected to be 31% in FY27 versus 6% in FY24

• Foray into D2C UPI segment to help scale prepaid payment instrument proposition and aid margins

• Current valuations attractive at 1.9 times the price to book value of FY27

Gold prices have fallen as the yellow metal seems to overbought heading into Trump’s ‘Liberation Day’, say experts. The commodity price has slipped 2.8% since April 3.

The bullion was trading 0.07% down at $3,035.11 an ounce as of 8:14 a.m.

As tensions heighten across financial markets on global uncertainties, the Nikkei 225 was trading 6.37% down at 31,627.50, and the KOSPI followed suit to trade 4.43% lower at 2,356.09 as of 8:03 a.m.

Japan was witness to a so-called circuit-breaker due to the magnitude of the losses incurred, while South Korea halted sell orders for program trading for a brief period.

Selloff in US stocks deepened amid Federal Reserve Chair Jerome Powell's signal that the damage of a trade war will be bigger than anticipated.

The Nasdaq Composite ended 5.82% lower at 15,587.79. The Dow Jones Industrial Average ended down 5.50% at 38,314.86, and the S&P 500 down 5.97% at 5,074.08.

Hong Kong's Hang Seng index has slipped 23% from its March 2025 high, after Trump's tariffs were announced. The Nifty 50 has seen the least fall, as compared to global peers.

Hong Kong's Hang Seng index has slipped 23% from its March 2025 high, after Trump's tariffs were announced. The Nifty 50 has seen the least fall, as compared to global peers.

The GIFT Nifty was trading near 22,185 on Monday morning at a marginal loss, setting the tone for a lower open for the benchmark indices.

The GIFT Nifty was trading 0.65% or 145.50 points down at 22,185.50 as of 07:07 a.m.

On Friday, the benchmark equity indices slumped, extending losses to second consecutive session on weak global cues following Trump's reciprocal tariffs announcement. The NSE Nifty 50 ended 345.65 points or 1.49% lower at 22,904.45 and the BSE Sensex closed 930.67 points or 1.22% down at 75,364.69.