Share Market Crash: Bulls bleed as bears rule Dalal Street; Sensex plunges 3,300 pts, Nifty sinks below 21,850

Share Market Crash Nifty 50, Sensex, Bank Nifty: Domestic equity benchmarks plunged around 4.5 per cent in afternoon deals after loggeind their worst percentage opening since the COVID lockdown-linked crash of March 2020. Globally, investors remained on tenterhooks amid fears that the ongoing trade war may cause a recission in the world's largest economy and create ripples across global markets. At 1:21 pm, the Sensex was trading 3,335.2 points, or 4.4 per cent, lower at 72,029.5 while the Nifty50 was down 1,077.3 points, or 4.7 per cent, at 21,827.2.

At these levels, both headline indices were off but not far from their intraday lows, having tumbled more than 5.0 per cent in pre-market trade. In afternoon deals, the Sensex and Nifty were on track to register their worst single-day slides in 10 months.

Here are 10 things to know about Monday's market crash on Dalal Street:

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• Except HUL, which was barely in green territory with a 0.2 per cent gain, all Nifty50 components were reeling under losses.
• Trent, JSW Steel, Tata Steel, Shriram Finance, L&T, Tata Motors and Adani Enterprises, trading between 5.9 per cent and 14.9 per cent lower, were among the top blue-chip losers.
• HDFC Bank, ICICI Bank, Reliance, L&T and Infosys were the biggest contributors to the losses in both main indices.
• All sectors were deep in the red, with the Nifty Metal being the worst hit among NSE's sectoral gauges. The metal index was down 7.1 per cent at the last count, dragged by Tata Steel, JSW Steel, Hindalco and Vedanta, and the likes.

• Financial stocks bore the brunt of the market sell-off, with the Nifty Bank, Nifty Private Bank, Nifty PSU Bank and Nifty Financial Services Ex-bank indices trading 2.9-4.2 per cent lower. The losses came as investors awaited the outcome of the RBI Governor-led MPC’s first bi-monthly review of FY26, due this week.
• Among other sectors, the realty, IT and auto indices plunged 4-5.5 per cent in afternoon trade.
• Investors stared at wealth losses amounting to Rs 17.26 lakh crore, as reflected in the change in the mcap of BSE-listed firms to Rs 386.09 lakh crore from Rs 403.35 lakh crore at Friday’s close, according to provisional exchange data.

• Investors await the onset of a fresh earnings season on Dalal Street, with IT bellwether Tata Consultancy Services scheduled to report its January-March results on April 10.
• Broader indices Nifty Midcap 100 and Nifty Smallcap 100 also bled, trading 4.1 per cent and 4.6 per cent lower respectively.
• Overall market breadth was extremely negative, with only 369 stocks rising against 3,640 losers across the listed space on BSE. That marked an advance-decline ratio of 1:10.