Stock Market Crash Today Highlights: Sensex Crashes 1,124 Points, Nifty 50 Ends Below 22,800; All Sectors In Red

The Indian stock market benchmark indices, Sensex and Nifty 50, crashed on Monday, weighed down by across-the-board selloff, as surging crude oil prices amid escalating US-Iran war dented sentiment.

The Sensex slumped 1,124.02 points, or 1.52%, to 72,771.72, while the Nifty 50 settled 360.25 points, or 1.56%, lower at 22,780.25. The Bank Nifty index declined 1,108.75 points, or 1.99%, to end at 54,471.65.

Nifty 50 has fallen over 2,000 points, or 8% in 39 sessions, and is now at the lowest level since April 7.

Broader markets, too, reeled under selling pressure, with the Nifty Smallcap 100 index plunged 1.63%, while the Nifty Midcap 100 index slipped 1.63%.

All the sectoral indices ended in the red, with the Nifty PSU Bank dropping the most over 3%, followed by Nifty Realty, Nifty Auto, Nifty Metals and Nifty FMCG falling more than 1% each.

Sensex level at 72,771.72 at 3:30 PM as against 72,805.78 at 3:15 PM.

Nifty 50 level at 22,780.25 at 3:30 PM as against 22,788.25 at 3:15 PM.

Bank Nifty level at 54,471.65 at 3:30 PM as against 54,467.70 at 3:15 PM.

The BSE Sensex crashed 1,089.96 points, or 1.47%, to 72,805.78, while the NSE Nifty 50 slumped 352.25 points, or 1.52%, to slip below 22,788.25 at 3:15 PM. The Bank Nifty index declined 1,112.70 points, or 2.00%, to settle at 54,467.70. The special Closing Auction Session is underway.

PL Capital maintains a constructive stance on real estate developers with strong launch pipelines, balance sheet discipline, and execution track record. Preference remains for players with Bengaluru and Mumbai exposure, premium positioning, and near-term launch visibility, which are best placed to sustain pre-sales growth into FY27E.

The brokerage firm’s top picks in the real estate sector are Prestige Estate Projects and Brigade Enterprises.

Silver prices crashed on the Multi Commodity Exchange on Monday, with the white metal falling more than Rs 7,000 and slipping below the key Rs 2,28,000 level.

The sharp decline in domestic silver prices comes amid a broader sell-off in precious metals as rising oil prices have intensified inflation concerns and strengthened expectations of further interest-rate hikes by the US Federal Reserve.

MCX silver has slipped below the Rs 2,32,000 - Rs 2,33,000 zone, which had earlier acted as support and is now likely to act as resistance. The metal is testing the Rs 2,27,000 -Rs 2,28,000 support region, which coincides with its 200-day exponential moving average.

According to Ponmudi R, CEO of Enrich Money, immediate resistance is seen at Rs 2,32,000–Rs 2,33,000, followed by Rs 2,36,000–Rs 2,37,000. On the downside, support is placed at Rs 2,27,000–Rs 2,28,000, followed by Rs 2,23,000–Rs 2,24,000.

The Relative Strength Index, or RSI, at 41.12 and below its signal line indicates fading momentum, Ponmudi said. A sustained move above Rs 2,32,000 would be needed to stabilise the structure, while a decisive break below Rs 2,28,000 could open the way towards Rs 2,24,000.

• BN Agrochem has approved a stock split in the ratio of 1:10.
• Under the proposal, one equity share will be split into 10 equity shares.
• The company disclosed the stock split approval in an exchange filing.

The sharp fall in the market was mainly driven by global concerns. Brent crude rose above $106 after the US rejected Iran’s proposal to reopen the Strait of Hormuz, increasing India’s oil import and inflation risks. The US 10-year yield near 5.2% also added pressure on emerging markets. Foreign investors have started selling again after buying in July and August. After seven consecutive weekly declines, these factors triggered a broad market sell-off, said Pranay Aggarwal, Director & CEO, Stoxkart.

Continued FPI selling could keep large-cap stocks under pressure, as foreign investors hold significant stakes in major Nifty and Sensex companies. More foreign selling can also put pressure on the rupee, which is already near 96 per dollar, he added.

According to him, rate-sensitive sectors such as banks, NBFCs and other financial stocks may face more pressure as higher global yields and a weaker rupee can hurt valuations. Autos and other fuel-heavy businesses could also be affected if crude prices remain high. Metals and some oil-marketing companies may stay under pressure due to higher costs. Pharma and healthcare may perform relatively better as investors prefer stable sectors, but weak global spending could limit gains.

• Apeejay Surrendra Park Hotels has signed a hotel management agreement for a 63-key hotel in Bharatpur.
• The agreement has been signed with The Park brand for the management of the property.
• The company disclosed the development in an exchange filing.

• Arvind SmartSpaces has added a new residential project in Bengaluru.

• The project has an estimated revenue potential of Rs 470 crore.

• The Bengaluru project is spread across 2.5 acres.

• It has a saleable area of 3.6 lakh square feet.

• The company disclosed the development in an exchange filing.

• Praveer Sinha, CEO & MD of Tata Power, told NDTV Profit that battery energy storage systems (BESS) and pumped storage projects will be critical for integrating renewable energy into the power grid.

• Tata Power is developing BESS projects for its own requirements as well as for customers. The company is currently implementing a 100 MW BESS project in Mumbai, which will help store daytime power for use during evening peak demand periods and improve power quality.

• Sinha said the company's first pumped storage project is expected to come online in FY29, with solar, wind and storage expected to drive the future renewable energy mix.

• Tata Power plans to add 2.5 GW of renewable energy capacity this year. Sinha noted that India added 53 GW of renewable capacity last year and is expected to add around 60 GW this year.

• The company expects power demand to remain strong during the festive season, supported by weak monsoon conditions, heat and humidity. Sinha said power demand has been rising 10-11% every month since May and expects overall demand growth of 8-10% in FY27, compared with the normal annual growth rate of 5-6%.

• Tata Power said it has finalised a Supplemental Power Purchase Agreement (SPPA) with Gujarat and is in advanced discussions with other states. The company expects to conclude additional SPPAs within the extended timeline.

• Sinha added that the extension of Section 11 has helped facilitate operations at the Mundra power plant.

• IndusInd Bank has launched a dedicated banking vertical for Global Capability Centres (GCCs).

• The bank said the offering will provide digital banking solutions and employee banking services tailored for GCCs.

• IndusInd Bank will also offer commercial card solutions and FEMA-related services to GCC clients.

• The launch was disclosed in exchange filings.

• Balu Forge said this is an opportune time to enter the components and machine solutions segment, citing significant opportunities for new participants in the industry.

• The company said more manufacturers are expanding into India and that it is focused on strengthening local capabilities. It expects 25-30% business growth over the next two years.

• Balu Forge said the conflict in the Middle East has affected its production, but views the impact as temporary and short term.

• The company is targeting 80,000 tonnes of machine capacity and has developed a new advanced metallurgical laboratory.

• Balu Forge said it is increasingly focused on offering ready-to-use and ready-to-assemble products.

• ArisInfra Solutions said it will acquire a 16% stake in Buildmex-Infra for Rs 60 crore.
• The proposed investment was disclosed in an exchange filing.
• The acquisition is aimed at taking an equity stake in Buildmex-Infra as part of the company's strategic investment plans.

• Sachin Gupta, Vice President Research at Choice Broking, said Indian equities remain under pressure after the Sensex slipped below 73,300 and the Nifty fell below 23,000, weakening market sentiment and increasing selling pressure.

• Gupta said Brent crude, trading above $103 per barrel, remains a key concern for India due to the country's dependence on imported oil. Higher crude prices could increase the import bill, weigh on the rupee and raise inflation risks.

• He added that elevated US Treasury yields are making fixed-income investments more attractive globally and could affect foreign investment flows into emerging markets.

• According to Gupta, FII selling, geopolitical uncertainty in the Middle East, and the breakdown of key technical support levels are contributing to the weakness in Indian equities.

• He said the breach of the Sensex 73,300 and Nifty 23,000 levels is technically significant and could result in further volatility if the indices fail to reclaim these levels.

• Rahul Sahai of Kirloskar Oil Engines told NDTV Profit that data centres remain a significant growth opportunity for the company and could contribute meaningfully to future growth.

• The company said it is focusing on building intellectual property (IP) and has also developed IP for hybrid power systems.

• Sahai said data centres are no longer viewed only as a backup power application, reflecting changing industry requirements.

• Kirloskar Oil said it is attempting to pass on inflationary pressures wherever possible and implemented a 5-6% price increase in Q1 FY27.

• The company highlighted data centres as a key focus area as it looks to expand its presence in emerging power and infrastructure segments.

Stock Market Live: BSE shares fall sharply

BSE share price dropped as much as 2.48% to an intraday low of Rs 3,112.10 per share.

• Office space leasing across India's top seven markets rose 7% year-on-year to 54.4 million square feet during January-September 2026, according to Colliers India.

• Leasing activity in Q3 2026 stood at 18.7 million square feet, up 7% quarter-on-quarter and 9% year-on-year, marking a record third quarter in recent years.

• Bengaluru led demand with 15.7 million square feet of leasing during the first nine months of 2026, accounting for 29% of total space uptake. Hyderabad followed with 9.4 million square feet, up 47% year-on-year.

• Flexible workspace operators accounted for 23% of total demand during the period, leasing 12.6 million square feet, while technology firms and BFSI companies remained key occupiers.

• New office supply across the top seven markets rose 1% year-on-year to 41.7 million square feet during January-September 2026.

• Colliers India said office demand remains resilient despite global uncertainties and expects 75-80 million square feet of transactions across major office markets for full-year 2026.

• Steamhouse India said it operates in the business of supplying steam and nitrogen and provides a community boiler system as an alternative to captive boilers.

• Vishal S Budhia, Steamhouse India, said customers are increasingly shifting towards common boiler systems and that the company's new project aligns with its asset-light business model.

• The company said EPC is not a core business and expects to receive a letter of agreement in the coming weeks.

• Steamhouse India said it sees growth opportunities in newer verticals and is in discussions with customers to increase the supply of gases.

• The company said 26% of FY26 revenue came from coal trading, though the segment did not contribute significantly to EBITDA.

• A 120-tonne capacity project remains under construction, while the company aims to utilise its existing assets over the next 25 years.

• The Supreme Court has issued notices to the Union government, Reserve Bank of India (RBI) and National Payments Corporation of India (NPCI) in a case challenging the UPI Merchant Discount Rate (MDR) framework.

• The court has not granted a stay on the implementation of the UPI MDR mechanism scheduled to take effect from Oct. 15.

• The Supreme Court said it would examine the legal framework surrounding MDR and sought a clearer understanding of the levy during the proceedings.

• The Attorney General of India told the court that no money from the MDR goes to the government and that the MDR is a service charge levied by banks and payment aggregators.

• The Union government, RBI and NPCI have been directed to file their responses within four weeks.

• Multiple investors, including Xponentia Opportunities Fund, have divested a 6.4% stake in Sedemac Mechatronics.

• The stake sale was carried out on Sept. 24.

• Details of the buyers were not disclosed in the filing.

• Vinay Jaising of ASK Private Wealth said market discussions are currently centred around large-cap stocks, even as mid-cap and small-cap stocks continue to outperform.

• He said domestic liquidity remains stable and consumption growth in India continues to be strong. Jaising added that earnings growth is running ahead of stock price performance.

• Jaising said higher oil and gas prices are resulting in significant outflows and expects India to witness two rate hikes in FY27.

• He remains positive on financials and defence stocks, while staying underweight on energy, real estate and large-cap IT companies.

• Jaising said the firm expects positive developments in the second half of FY27 and is actively evaluating IPO investment opportunities, he told NDTV Profit.

• Power Finance Corporation (PFC) has incorporated a special purpose vehicle (SPV) named Malegaon Power Transmission.
• The SPV has been set up for a power transmission project.

• Hypersoft Technologies has announced a strategic entry into the artificial intelligence (AI) segment.

• The company said it has introduced a unified AI platform focused on data science and ERP solutions.

• The platform is aimed at integrating AI capabilities with enterprise resource planning and data-driven business processes.

• The Nifty 50 extended losses and slipped towards the 22,800 mark, taking its decline in the September series to around 1,500 points.

• Selling pressure remained broad-based, with the Sensex and Nifty trading near six-month lows. The Sensex slipped to its lowest level since April 6, 2026, while the Nifty touched its lowest level since April 7, 2026.

• The Nifty Bank index fell nearly 1,000 points and hit its lowest level since June 9, 2026. Banking stocks led the decline, with Nifty Bank and PSU Bank indices among the worst-performing sectors.

• All sectoral indices traded in the red, while broader market indices mirrored the benchmark decline. Financial stocks were among the biggest drags in the mid-cap segment.

• Manappuram Finance, Yes Bank and Bank of India fell more than 4% each during the session.

• Hero Motors reversed its opening gains and traded down 10%, while NSE shares declined around 2%, slipping below their IPO price.

• Only two Nifty 50 stocks were trading in positive territory at the time of writing.

• Servotech Renewable Power System has launched new products, including a Hybrid Solar Inverter and a Micro Grid Inverter.

• The company said the products will be available for export to SAARC countries and the Middle East.

• Gautam Chhaochharia of UBS told NDTV Profit that market uncertainty remains elevated and could persist for the next few months. He added that further rate hikes could create additional uncertainty for investors.

• Chhaochharia said macroeconomic conditions are more resilient than they were six months ago and that Indian corporates continue to deliver higher earnings growth.

• He said markets are currently not pricing in either a significant escalation or resolution of ongoing geopolitical tensions.

• UBS remains positive on companies where there is strong bottom-up visibility on earnings and is constructive on the pharma, consumer and financials sectors.

• Chhaochharia said the next two to three months will be crucial for both Brent crude and Indian markets, adding that markets are not prepared for a further sharp rise in oil prices.

• Investec said the impact of the proposed regulatory changes on PB Fintech's life insurance business is likely to be manageable.

• The brokerage said the proposed health insurance commission caps are severe, with renewal commissions potentially facing a 60%-70% reduction.

• Investec said it would not view the recent regulatory-led correction in PB Fintech as a bottom-fishing opportunity.

• The brokerage added that PB Fintech, banks and NBFCs believe the overall impact of the proposed changes should remain manageable despite the concerns around health insurance commissions.

• Dilip Buildcon has emerged as the lowest bidder for a tender floated by the National Highways Authority of India (NHAI) in Maharashtra.
• The company has received an order worth Rs 688 crore for a road project in Maharashtra.

• Dilip Buildcon has emerged as the lowest bidder for a project to establish a 400 KV AIS substation at Yavatmal, Maharashtra.

• The project involves an EPC contract worth Rs 1,151 crore from REC Power Development and Consultancy Ltd., a subsidiary of REC Ltd.

• Radico Khaitan has entered the duty-free channel across four airports in the United Kingdom.

• The company said its brands have become the first Indian spirit brands to be available across duty-free shops at UK airports.

• The expansion strengthens Radico Khaitan's international travel retail presence.

• Morepen Laboratories has submitted an Abbreviated New Drug Application (ANDA) to the US Food and Drug Administration (US FDA) for Sitagliptin Tablets.

• The filing marks the company's first application for Sitagliptin in the US market.

• Sitagliptin is used in the treatment of Type-2 diabetes.

• Kalpataru Projects International has secured a major international order worth over Rs 4,000 crore.

• The order has been awarded under the company's oil and gas business segment.

• The company has received a Letter of Award (LoA) for a gas pipeline project in the UAE.

• Indian Energy Exchange (IEX) said its subsidiary Indian Coal Exchange has applied for a licence from the Coal Controller Organisation (CCO).
• The application has been submitted as part of the process for coal market operations.
• The company disclosed the development in an exchange filing.

• Lord's Mark Industries has received registration from the UK Medicines and Healthcare Products Regulatory Agency (MHRA) for its haemodialysis system.

• The company said the registration opens access to the UK market and allied markets.

• Sun Pharma has entered into a licensing agreement with LIB Therapeutics for the commercialisation and manufacturing of Lerodalcibep worldwide.

• Under the agreement, Sun Pharma will not commercialise Lerodalcibep in the US and China.

• Lerodalcibep is a cholesterol-lowering therapy that works as an inhibitor to reduce cholesterol levels.

• Man Infraconstruction has entered into an agreement with Godrej Properties to develop a residential project in Marine Lines, South Mumbai.

• The project is expected to unlock an overall revenue potential of Rs 6,000 crore.

• Man Infraconstruction said it will recoup its Rs 300 crore investment through the agreement.

• Tim Waterer of KCM Trade said Indian markets remain closely tied to movements in Brent crude oil prices and have been affected by external headwinds.

• Waterer said Brent crude could fall below $90 a barrel if tensions related to the ongoing conflict de-escalate.

• He noted that US bond yields remain sensitive to developments surrounding the conflict, while mixed signals from the US and Iran continue to weigh on market sentiment.

• Waterer said the AI-driven rally has acted as a shock absorber for some global markets, helping offset pressure from broader macroeconomic concerns.

• He added that investor sentiment remains dented amid a mix of geopolitical and economic cues.

• Malladi Drugs & Pharmaceuticals has confidentially filed draft papers for an initial public offering (IPO), according to Bloomberg.
• The company has opted for the confidential filing route, which allows it to pursue the IPO process without immediately disclosing detailed offer documents to the public.

• The National Stock Exchange (NSE) has empanelled Augmont Gold Tech, a subsidiary of Augmont Enterprises, as a key partner to promote electronic gold receipts (EGRs).

• The partnership aims to simplify the creation and extinguishment of EGRs and support their trading on the exchange.

• Augmont will provide technical and operational support to help convert physical gold into EGRs and enable the conversion of EGRs back into physical gold within the regulated ecosystem.

• NSE said the collaboration is intended to strengthen the organised gold market by improving price discovery, increasing market participation and enhancing transparency for jewellers, refiners, traders and institutional investors.

• EGRs are dematerialised securities backed by physical gold stored in SEBI-accredited vaults and can be traded on the exchange, according to PTI.

• Beneficiaries under the Production-Linked Incentive (PLI) scheme for large-scale electronics manufacturing have received incentives totalling Rs 19,090.98 crore till June 2026, according to government data cited by PTI.

• The sector has attracted investments of Rs 20,580.20 crore under the scheme. A total of 32 companies were approved as beneficiaries under the electronics PLI programme.

• India has emerged as the second-largest mobile phone manufacturer globally, with smartphone exports rising to around $30 billion in FY26 from $5.5 billion in FY22.

• Across all PLI schemes, the government has disbursed Rs 36,754 crore to beneficiary companies since 2020 through June 2026.

• Besides electronics, the pharmaceutical sector received Rs 6,662 crore in incentives, while food products and auto & auto components received Rs 3,271 crore and Rs 3,174 crore, respectively, according to PTI.

Stock Market News Today Live Updates: Oil prices climbed more than 1% in early Asian trading on Monday after US President Donald Trump rejected Iran's latest peace proposal, raising fresh uncertainty over the conflict and the reopening of the strategically important Strait of Hormuz.

At the latest check, Brent crude oil was trading 0.80% higher at $98.22 per barrel. Oil prices had fallen sharply last week as Washington and Tehran held discussions on the sidelines of the United Nations General Assembly in New York.

Stock Market News Today Live Updates: Asian markets traded mixed on Monday, as crude oil prices rose amid uncertainty over the end to the US-Iran war in the Middle East.

MSCI's gauge of Asian stocks declined, with South Korea's Kospi benchmark falling over 1% as markets reopened after a holiday, while Japanese shares advanced. 

Japan's Nikkei 225 rose 0.75% while the Topix gained 0.58%. South Korea's Kospi dropped 1.07%, while the Kosdaq rallied 1.62%. Hong Kong Hang Seng index futures indicated a lower opening.

Stock Market Today Live Updates: Hello and welcome to NDTV Profit's live coverage of stock market news today, with the top market directions in India, Asia Pacific and the West.

From pre-market signals to the most buzzing stocks in trade, we bring you all top developments from D-Street to keep you updated throughout the day. 

The Indian stock market is likely to remain volatile after renewed geopolitical tensions between the US and Iran and rise in crude oll prices.

Stay tuned to NDTV Profit for all back-to-back live updates of the Indian stock market, trending stock calls, global indices and company announcements on Monday, Sept. 28, 2026.