Nifty 50 sinks to 52-week low, Sensex crashes 1,200 points as bears attack D-Street

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The headline Nifty 50 index hit its lowest point in 2026 at 22,179.90, which also marked its 52-week low, as a market-rout dragged stocks and dampened sentiment.

At 3:08 p.m., the Sensex was down 1,232.23 points or 1.70 percent at 71,406.47, and the Nifty was down 412.30 points or 1.82 percent at 22,190.75. About 824 shares advanced, 3219 shares declined, and 148 shares unchanged.

According to experts, the key trigger is the sharp rise in crude oil above $104 a barrel on an intraday basis, driven by escalating West Asia tensions and concerns over supply disruptions through the Strait of Hormuz.

"At the same time, the US 10-year yield has climbed to 5.35%, strengthening the dollar and accelerating capital outflows from emerging markets," said Kotak Neo's Srikanth Chouhan.

Alchemy’s Alok Agrawal concurred. The exact reason for the Sensex’s 1,000-point mid-market crash is the same set of pressures that have been weighing on markets through September–October: rising yields in the US, high crude oil prices, and limited growth in India in the face of these headwinds.

Investor sentiment is also cautious ahead of the Q2FY27 earnings season, which begins with TCS today. Global markets are equally under pressure, with the Nikkei down 1.4% and South Korea’s Kospi lower by around 2.6%, reflecting broad risk aversion across Asia.

Technically, Nifty is testing the April 2026 lows. A decisive break below 22,180 could trigger further weakness towards 21,750, the March 2025 low.

Overall, crude, yields, the rupee and global risk-off sentiment remain the key factors driving the market.

This is a developing story. Please check back for more.