Investors lose Rs 3.4 lakh crore as Sensex crashes 1,390 points, Nifty cracks below 23,200—10 things to know

Stock Market Crash Closing Bell: Dalal Street equity benchmarks took heavy blows on Tuesday as the market on the first session of the financial year 2025-26. A broad-based sell-off weighed on the market with financial, energy and IT shares being at the forefront of the fall. The Sensex plummeted as much as 1,502.7 points, or 1.9 per cent, to hit 75,912.2 on the downside during the session, while the Nifty50 slid to as low as 23,136.4, down 383 points, or 1.6 per cent, from its previous close.

Here are 10 things to know about the April 1 market crash:

• At the end of the day, both headline indices were off but not far from their intraday lows. The Sensex lost 1,390.4 points for the day to end at 76,024.5 while the Nifty50 gave up 353.7 points to settle at 23,165.7.
• Investors lost Rs 3.44 lakh crore in wealth as the market capitalisation (mcap) of BSE-listed companies slid to Rs 409.44 lakh crore at the end of the day from Rs 412.88 lakh crore at the end of the previous session, according to provisional exchange data.
• Barring the Nifty Media and Nifty Oil & Gas indices, which rose 2.2 per cent and 0.1 per cent respectively, all NSE sectoral indices finished the day in the red, with the Nifty IT and the Nifty Consumer Durables falling 2.5 per cent each.
• Investors awaited the onset of a new earnings season on Dalal Street, with IT bellwether TCS set to report its January-March results on April 10.

• The Nifty Bank—whose 12 constituents include SBI, HDFC Bank and ICICI Bank—lost 737.4 points (1.4 per cent) for the day, dragged by the stock of the country’s largest bank by market value. Nifty50 heavyweight HDFC Bank's stock fell 3.2 per cent to settle at Rs 1,769.9 apiece on NSE.
• HCLTech, BEL and Bajaj Finserv, closing around 3-4 per cent lower, were the worst hit among the 36 laggards in the Nifty50 basket. Among the few gainers in the 50-scrip basket were IndusInd Bank and Trent, rising around five per cent each.
• Broader indices Nifty Midcap 100 and Nifty Smallcap 100 also reeled under pressure, finishing 0.9 per cent and 0.7 per cent lower respectively.
• Vodafone Idea shares surged 18.9 per cent to end at Rs 8.10 apiece on BSE, bucking the negative market trend, after the private sector telecom service provider won the central government's nod to convert part of its outstanding spectrum auction dues into equity.

• Auto stocks were a mixed bag, with NSE's sectoral index declining 0.3 per cent, as investors tracked incoming monthly sales numbers.
• Overall market breadth was fairly positive, with the advance-decline ratio of 2:1 as 2,716 stocks rose while 1,343 declined on BSE.