Brief by Shorts91 Newsdesk / 07:38am on 19 Mar 2026,Thursday Business
Indian stock markets fell sharply on Thursday, erasing about Rs 7.6 trillion in investor wealth within an hour. The Sensex dropped over 1,500 points, while the Nifty fell more than 2%. The fall came amid rising crude oil prices, which crossed $110 per barrel after fresh Middle East attacks. Investors also reacted to continued foreign outflows and weak global markets. Banking stocks led the losses. “This looks like a global risk-off move,” said Bruce Keith of InvestorAi. The US Federal Reserve’s signal of no early rate cuts also weighed on sentiment, reducing liquidity support for emerging markets like India. (PC: NDTV)
