Bloodbath on Dalal Street: Sensex Tanks 770 Points, Nifty Breaches 25,100 as Adani & Global Fears Spark Sell-Off

Stock Market Crash: Investors Lose ₹7 Lakh Crore as Nifty Slips Below 25,100

It was a "Black Friday" for Indian investors as the stock market witnessed a massive sell-off today. The BSE Sensex plummeted by nearly 770 points to close at 81,537, while the NSE Nifty 50 dropped 241 points, ending the day at 25,048. This sudden crash wiped out approximately ₹7 lakh crore of investor wealth in a single session, leaving many worried about what lies ahead.

4 Major Reasons Behind the Market Bloodbath

The markets were hit by a "perfect storm" of negative news. Here are the four key factors that triggered the panic:

1. Adani Group Crisis: Fresh legal trouble for the Adani Group in the U.S. acted as the primary trigger.

2. Corporate Shocks: The sudden exit of the CEO of Eternal (a major market player) spooked investors.

3. The "Trump" Factor: Fears of new trade tariffs from the U.S. administration under Donald Trump created global uncertainty.

4. Foreign Fund Outflow: Foreign Institutional Investors (FIIs) continued to pull money out of India, marking their 13th consecutive day of selling.

Adani Stocks Plunge: The SEC Summons Connection

The biggest blow came to the Adani Group. Shares of its various companies crashed between 10% and 13%. This happened after reports surfaced that the U.S. Securities and Exchange Commission (SEC) has asked a New York court for permission to serve legal summons to Gautam Adani and Sagar Adani via email. The SEC claimed that traditional methods through Indian authorities were facing hurdles. This move has revived fears regarding the ongoing bribery and fraud allegations against the group.

Sector Watch: Who Won and Who Lost?

The pain was felt across almost all sectors, but some were hit harder than others:

• The Losers: Realty and Media sectors were the worst performers, seeing deep cuts as investors exited risky positions.

• The Survivors: IT and Pharma stocks showed some resilience. While they didn't soar, they acted as a "safety net" for the index, preventing an even bigger fall.

Expert Take: What Should Investors Do?

Market analysts are now advising caution. Many experts have adopted a "sell-on-rise" strategy, meaning they recommend selling stocks whenever the market tries to bounce back slightly.

"The 25,000 mark is the last line of defense for the Nifty. If it breaks this support level next week, we could see a much deeper correction," warned a senior market analyst.