On the Multi Commodity Exchange (MCX), gold futures (April 2) were trading around 1 per cent, or Rs 1,313, lower at Rs 1,51,712, hitting an intraday low at around 10:22 am. Similarly, silver futures (May 5) declined to Rs 2,43,083, down 2 per cent or Rs 5,111.On the Multi Commodity Exchange (MCX)
Oil and gas prices have risen sharply after fresh strikes hit energy infrastructure in the Middle East, including Qatar's main gas facility. Gas prices jumped by about 25% on wholesale markets in the UK and Europe in early trading, before easing slightly
So far in 2026, more than 35,000 job cuts have been reported across over 50 companies, according to layoffs tracker Layoffs.fyi. HSBC Holdings Plc is evaluating a fresh round of deep job cuts that could impact as many as 20,000 roles over the coming years
GATE Result 2026 declared at gate2026.iitg.ac.in, direct link to check here Published on: Mar 19, 2026 3:06 PM IST By HT Education Desk | Edited by Papri Chanda Prefer HTon Google Quick Read Share via Copy link Indian Institute of Technology, Guwahati has declared GATE Result 2026
The Ministry of Petroleum and Natural Gas has said only those who haven’t completed the eKYC process need to act; existing compliant users, especially under the PM Ujjwala Yojana, are not required to update their KYC frequently. LPG consumers may need to complete the Aadhaar-based authentication
Sensex, Nifty 50 log biggest single-day fall in nearly two years, VIX spikes
Sensex sheds ~2,500 points, Nifty 50 sheds 3.25% in biggest single-day fall in ~2 years
Sensex sheds ~2,500 points, Nifty 50 sheds 3.25% in biggest single-day fall in ~2 years
FPIs have pulled out ₹52,704 crore from India's stock market over the past fortnight, dragging Nifty 50 down 8.1% for the worst market crash since March 2020.
Updated on: Mar 19, 2026 4:07 PM IST By HT Business Desk Share via Copy link India's equity benchmarks clocked their biggest single-day declines in nearly two years, on the back of a surge in crude oil prices and fastest flight of foreign capital in nearly 18 months. The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Reuters) On Thursday (19 March 2026), the 30-share S&P BSE Sensex fell as much as 3.26%, or 2,496.89 points, to an intraday low of 74,207.24 points, even as the wider NSE Nifty 50 shed 3.26%. The India VIX, a measure of investor fear and volatility in the stock market, surged 21%. The foreign portfolio investors have pulled ₹52,704 crore ($5.65 billion) from the market in the fortnight, according to data with National Securities Depository Ltd. The aggressive exodus dragged the Nifty 50 down 8.1% for the worst two-week stretch since the pandemic-driven market crash of March 2020. Both the Nifty 50 and the S&P BSE Sensex are now down approximately 10% for the year, officially confirming a technical correction last week. The flight to safety has overshadowed early signs of an earnings recovery seen in the December quarter. Market sentiment soured rapidly as the Iran war triggered a surge in crude oil prices. For India—which imports ~85% of its energy needs—that's clouded its “goldilocks” economy. “For global investors, the worry is that higher energy prices could revive inflation, much as they did after the Ukraine war began in 2022,” Ross Maxwell, global strategy operations lead at VT Markets, told Reuters. Maxwell noted that the inflationary pressures could force central banks to keep monetary policy tighter for longer, disproportionately weighing on emerging markets heavily reliant on energy imports.Financials Bear the Brunt
The selling was broad-based, hitting 17 of the 24 sub-sectors tracked by the NSDL, though capital goods emerged as a rare bright spot. However, financial services—historically the most heavily foreign-owned sector in India—bore the brunt of the institutional flight, accounting for a staggering 60% of the total outflows. Sustained selling battered the sector, with the broader financials gauge tumbling 9.8% and the banking index plunging 11.2% in the first half of the month. The pressure on financials threatens to accelerate to record levels by month-end, compounded by sudden corporate governance concerns at the nation's premier private lender. Shares of HDFC Bank Ltd., the heaviest-weighted stock in the benchmark indexes, tumbled as much as 8.49% on Thursday. The drop followed the abrupt resignation of part-time chairman Atanu Chakraborty, who cited irreconcilable differences over “values and ethics”. ALSO READ | Keki Mistry returns to steady the HDFC Bank ship in choppy watersValuation Reset
Despite the grim macroeconomic backdrop and corporate turbulence, the steep price correction is drawing attention from domestic buyers looking for entry points. Domestic institutional investors are beginning to see a valuation reset in the beaten-down financial counters. “Heavy FPI selling in financials has made them attractive and investable,” said VK Vijayakumar, chief investment strategist at Geojit Investments, suggesting that the relentless foreign dumping may have finally pushed valuations into appealing territory for local funds with a longer time horizon. ABOUT THE AUTHOR HT Business Desk The HT Business Desk provides comprehensive coverage of the Indian and global financial markets. Based in Mumbai and New Delhi, the team tracks everything from Sensex and Nifty movements to the latest from India Inc., trade deals, and macroeconomic policy. We aim to empower readers with timely, fact-checked news that clarifies the complexities of the business world.Read More Stock Market Business News Stay updated with the latest Business News on Petrol Price, Gold Rate, Silver Rates, Diesel Prices along with Income Tax Calculator News / Business / Sensex Sheds ~2,500 Points, Nifty 50 Sheds 3.25% In Biggest Single-day Fall In ~2 Years See LessIndia's equity benchmarks clocked their biggest single-day declines in nearly two years, on the back of a surge in crude oil prices and fastest flight of foreign capital in nearly 18 months.
On Thursday (19 March 2026), the 30-share S&P BSE Sensex fell as much as 3.26%, or 2,496.89 points, to an intraday low of 74,207.24 points, even as the wider NSE Nifty 50 shed 3.26%. The India VIX, a measure of investor fear and volatility in the stock market, surged 21%.
The foreign portfolio investors have pulled ₹52,704 crore ($5.65 billion) from the market in the fortnight, according to data with National Securities Depository Ltd. The aggressive exodus dragged the Nifty 50 down 8.1% for the worst two-week stretch since the pandemic-driven market crash of March 2020.
Both the Nifty 50 and the S&P BSE Sensex are now down approximately 10% for the year, officially confirming a technical correction last week.
The flight to safety has overshadowed early signs of an earnings recovery seen in the December quarter. Market sentiment soured rapidly as the Iran war triggered a surge in crude oil prices. For India—which imports ~85% of its energy needs—that's clouded its “goldilocks” economy.
“For global investors, the worry is that higher energy prices could revive inflation, much as they did after the Ukraine war began in 2022,” Ross Maxwell, global strategy operations lead at VT Markets, told Reuters. Maxwell noted that the inflationary pressures could force central banks to keep monetary policy tighter for longer, disproportionately weighing on emerging markets heavily reliant on energy imports.
Sustained selling battered the sector, with the broader financials gauge tumbling 9.8% and the banking index plunging 11.2% in the first half of the month.
The pressure on financials threatens to accelerate to record levels by month-end, compounded by sudden corporate governance concerns at the nation's premier private lender. Shares of HDFC Bank Ltd., the heaviest-weighted stock in the benchmark indexes, tumbled as much as 8.49% on Thursday. The drop followed the abrupt resignation of part-time chairman Atanu Chakraborty, who cited irreconcilable differences over “values and ethics”.
ALSO READ | Keki Mistry returns to steady the HDFC Bank ship in choppy waters
“Heavy FPI selling in financials has made them attractive and investable,” said VK Vijayakumar, chief investment strategist at Geojit Investments, suggesting that the relentless foreign dumping may have finally pushed valuations into appealing territory for local funds with a longer time horizon.
Source: HindustanTimes
Related Posts: 10 Biggest Single-Day Surges In The Last 5 Years Sensex, Nifty 50 slump to lowest in nearly a year as oil boils amid Iran war Manager orders team to log in from 7 am and work 12 hours a day Sensex, Nifty snap three-day losing streak Sensex, Nifty Snap 3-Day Losing Streak Amid Buying In IT Sensex Extends Fall To 5th Day Sensex Extends Fall To 5th Day Sensex Extends Fall To 5th Day Sensex Extends Fall To 5th Day Sensex Extends Fall To 5th Day
For Gudi Padwa 2026, actress Isha Koppikar has shared that she is focusing on teaching her daughter, Rianna, the core values behind the festival rather than just the rituals. New Delhi: As the country celebrates Gudi Padwa today, actress Isha Koppikar reflected on how she marks the festival
2 minutes ago
IMD issued a widespread alert for rain and thunderstorms across Delhi-NCR, Rajasthan, and Central India starting today, March 18, 2026. Heavy snowfall is predicted for Jammu & Kashmir and Himachal Pradesh. A much-needed respite from the rising March temperatures is on the horizon
2 minutes ago
Ishan Kishan has been appointed stand-in captain of Sunrisers Hyderabad ahead of IPL 2026, with opener Abhishek Sharma named his deputy. The India wicketkeeper-batter will lead the side in the absence of regular skipper Pat Cummins, who is currently recovering from a back injury that also ruled him
2 minutes ago
rajresults-nic-in, Rajasthan Board RBSE Class 10th Results 2026 Date And Time Live: The Rajasthan Board of Secondary Education (RBSE) is expected to declare the results for the class 10th board examination soon. According to media reports, the results could be released on March 20, 2026
2 minutes ago
Chhattisgarh tables anti-conversion bill, life term for mass conversionsChhattisgarh govt tables anti-conversion Bill with life term for mass conversion, defines allurement, coercion, and mandates prior declaration Published on: Mar 19, 2026 5:51 PM IST By Ritesh Mishra
3 minutes ago
Dhurandhar The Revenge actor Danish Iqbal says he didn’t know he was Bade Sahab: ‘Aditya Dhar was so secretive’Danish Iqbal, who plays Bade Sahab in Dhurandhar: The Revenge, revealed that he was initially unaware of his character's identity. Mar 19, 2026
3 minutes ago
The funding aims to provide direct price support to cotton farmers across the country. New Delhi: The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved minimum support price (MSP) funding of Rs 1,718
3 minutes ago
Rajasthan Royals skipper Riyan Parag stated Sanju Samson's departure cannot be filled. Parag, now captain, emphasized better planning and finishing close games for the upcoming season. He thanked the franchise for their support. Director of Cricket Kumar Sangakkara backed Parag
3 minutes ago
Kerala Chief Minister Pinarayi Vijayan has declared assets exceeding one crore rupees. His nomination papers reveal movable and immovable properties. His wife also declared significant assets. Vijayan faces six cases, including one under the Prevention of Corruption Act and an Enforcement
3 minutes ago
Ukraine’s embassy in Delhi on Thursday expressed concern about the arrest of six Ukrainians in the country under the Unlawful Activities Prevention Act, claiming that the circumstances in the case suggest that it may be “orchestrated and politically motivated”
3 minutes ago
Manchester United's fans won't have a chance to see JJ Gabriel in Premier League action at Old Trafford this season, so a good proportion of the 2,516 who saw him feature in the 3-2 FA Youth Cup win over Sunderland made sure they got their selfies
3 minutes ago
For the first time since the league's inception in 2008, Kohli enters the IPL as a one format international player. Batting maestro Virat Kohli has arrived in Bengaluru to join the Royal Challengers Bengaluru (RCB) camp, marking the beginning of a unique chapter in his storied career
3 minutes ago
The Bharatiya Janata Party in Assam released its list of candidates on Thursday for the upcoming Assembly elections in the state. The party has fielded Chief Minister Himanta Biswa Sarma from the Jalukbari seat, which he has represented since 2001. Nagaon MP Pradyut Bordoloi
3 minutes ago
With seven medals, including five golds, at the recent Open Masters Games Abu Dhabi, it is hard to believe Kurian Jacob took up swimming seriously at 70. “I might have started swimming before I started walking,” says Kurian who competed in the 75-79 years old category.With seven medals
3 minutes ago
The liver is a remarkably resilient organ. It absorbs stress quietly, adapts silently, and continues to function, even when damage has already begun. This is precisely why liver diseases are often detected late. Sometimes, liver care doctors come across patients whose blood tests look normal
3 minutes ago
The Bharatiya Janata Party (BJP) on Thursday released its second list of 39 candidates for the upcoming Kerala Assembly Elections. With this, the party has so far announced the names of a total of 86 candidates. The party has fielded former state BJP president and former Mizoram governor Kummanam
3 minutes ago
Chaitra Navratri 2026 day 2 wishes: Share these heartfelt wishes, messages, images, and quotes with your loved ones on the second day of Chaitra Navratri. Om Brahmacharinyai Namah! Chaitra Navratri 2026 day 2 wishes: The second day of Chaitra Navratri is dedicated to Maa Brahmacharini
3 minutes ago
If there’s one thing Indian television never shies away from, it’s going all in—on drama, imagination, and moments that blur the line between the unexpected and the unforgettable. And now, a scene from Naagin 7 has taken that reputation to a whole new level
3 minutes ago
West Bengal Chief Minister Mamata Banerjee has expressed alarm over the "arbitrary removal of more than 50 senior officials" in the poll-bound state, calling it "political interference of the highest order." She alleged the Election Commission's actions amounted to "systematic politicisation of
3 minutes ago
The decision to strip Senegal of the 2025 Africa Cup of Nations title is "abject" and "we have to denounce it", a senior figure at African football's governing body has said. Senegal beat Morocco 1-0 in January's final but the Confederation of African Football (Caf) overturned the result on Tuesday
3 minutes ago
Most factories in Morbi, India's ceramics hub in the western state of Gujarat, have shut down for nearly a month due to gas shortages triggered by the Iran war, according to the local manufacturers' association. Morbi produces about 80% of India's ceramics - mainly tiles and sanitaryware - and
3 minutes ago
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.Best oven toaster grills for Indian homes: Top 7 OTG picks for baking, grilling, toasting and moreOven toaster grills are a versatile kitchen appliance that can be used for baking
3 minutes ago
Delhi Capitals revealed their new jersey for the upcoming IPL 2026 season. The design reflects the team's tiger spirit. For the first time, both men's and women's team captains are featured together. The franchise also appointed John Mooney as its new fielding coach
3 minutes ago
AFCON final controversy: CAF chief defends Morocco title decision amid Senegal corruption probe call Published on: Mar 19, 2026 6:10 PM IST Written by Neelav Chakravarti Share via Copy link CAF President Patrice Motsepe stands next to Senegal's Sadio Mane with the Man of the Competition award after
3 minutes ago
Why Did Share Market Fall Today? Benchmark equity indices Sensex and Nifty fell sharply by over 3 percent on Thursday, snapping a three-day rally, as rising crude oil prices and weak global cues weighed on sentiment. The Sensex dropped 2,496.89 points, or 3.26 percent, to close at 74,207.24
3 minutes ago
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.Ceiling fans for home: Top 7 options that fit different room needsPlanning to upgrade cooling this summer 2026? These ceiling fans for the home offer steady airflow, lower power use
3 minutes ago
US President Donald Trump has threatened to blow up a major gas field in Iran if it attacks the US's Gulf Arab ally Qatar again. Trump's threat came after a day in which Israel hit Iran's South Pars - part of the world's largest natural gas field
3 minutes ago
