Sensex Tanks 539 Points, Nifty Drops Below 24,100 Dragged by HDFC Bank
Heavy selling in HDFC Bank and other blue-chip stocks pushed the Sensex down 0.70% and left the Nifty at 24,090.85, analysts said.
- On Thursday, August 27, 2026, the BSE Sensex fell 539 points to 76,933.59, while the NSE Nifty slipped below 24,100 amid persistent geopolitical uncertainty and heavy selling in blue-chip stocks.
- Expiry-Led volatility and lack of a diplomatic breakthrough in the Middle East kept markets range-bound, according to Ajit Mishra, SVP, Research. Significant selling in HDFC Bank further weighed on market sentiment.
- Among sectoral indices, Nifty PSU Bank and Nifty Metal dropped 0.94 per cent and 0.86 per cent, respectively. Shares of 6 out of 30 Sensex companies closed in the green, while 24 closed in the red.
- The NSE Nifty declined 116.90 points, or 0.48 per cent, to end at 24,090.85. Meanwhile, the rupee traded weaker, declining about 0.13 per cent to 95.53 as the Dollar Index moved above 99.
- Foreign Institutional Investors bought equities worth Rs 502.63 crore on Wednesday, according to exchange data. In Asian markets, South Korea's Kospi and Shanghai's SSE Composite index ended higher, while Japan's Nikkei settled lower.
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On F&O expiry day, sensex sees wild swings during Closing Auction Session
On Thursday, within a five-minute window after the start of CAS on BSE—between 3.18pm and 3.23pm—sensex crashed over 2,200 points and then within the next seven minutes—between 3.23pm and 3.30pm—it recovered nearly 2,000 points. It finally closed at 76,934 points, down 539 points from its Wednesday close. On NSE, things were relatively quiet. Between 3.18pm and 3.22pm, Nifty slid over 100 points.
Sensex tanks 539 points, Nifty drops below 24,100 on HDFC Bank, geopolitical woes
Indian benchmark indices, Sensex and Nifty, experienced a sharp decline at the close of trade, with the Sensex dropping 539 points and the Nifty falling below 24,100, primarily due to selling pressure in HDFC Bank and ongoing geopolitical uncertainties.
Sensex falls 539 points, Nifty slips 0.48% as expiry volatility, Middle East uncertainty weigh
Indian benchmark equity indices ended lower on Thursday, with the Sensex falling 539 points and Nifty declining 0.48 per cent, as expiry-led volatility and continued uncertainty over a diplomatic breakthrough in the Middle East weighed on market sentiment.
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