Stock markets witnessed a sharp sell-off in trade today. The Sensex slumped over 1,000 points to hit its lowest level since early April, while the Nifty
also declined sharply. Nearly Rs 7 lakh crore was erased from the market capitalisation of BSE-listed companies. Rising crude oil prices, foreign selling and higher US Treasury yields hurt investor sentiment. Brent Crude prices surged over 3 percent and traded over 107 dollars per barrel as geopolitical tensions rattled investors about broader economic impact of higher oil prices. Today's sell-off has taken the indices to around six-month lows. The Sensex's intraday low of 72,792.14 and the Nifty's 22,785.55 remain above the lows recorded during earlier major sell-offs (comparison shown in the table below). On February 14, 2024, the Sensex touched an intraday low of 70,809.84, while the Nifty fell to 21,530.20. The February 2024 sell-off was triggered by US inflation coming in above expectations, which reduced hopes of an early Federal Reserve rate cut and weighed on global markets. During the tariff-related sell-off on April 7, 2025, the Sensex and Nifty hit intraday lows of 71,425.01 and 21,743.65, respectively, after US President Donald Trump announced sweeping "Liberation Day" tariffs. On March 30, 2026, the Sensex touched 71,774.13 and the Nifty fell to 22,283.85 amid heightened concerns over the Iran conflict and its potential impact on global energy supplies.
| Date / Period | Sensex Intraday Low | Nifty 50 Intraday Low | Key Context |
|---|---|---|---|
| Feb 14, 2024 | 70,809.84 | 21,530.20 | US inflation, Fed rate-cut concerns |
| Apr 7, 2025 | 71,425.01 | 21,743.65 | Tariff-related market sell-off |
| Mar 30, 2026 | 71,774.13 | 22,283.85 | Iran conflict and oil-supply concerns |
| Sep 28, 2026 | 72,792.14 | 22,785.55 | Current sell-off; around six-month lows |
