After a slight recovery on 22 January 2026, the Indian stock market again came under pressure on 23 January. Sensex tumbled nearly 800 points, while Nifty slipped nearly 1%. Nearly ₹6 lakh crore worth of investors’ wealth was wiped out in a single day. Sensex fell to 81,510 and Nifty to 25,043 intraday. The decline was not limited to large caps only, midcap and smallcap stocks also showed sharp weakness of up to 2%. Investors are avoiding taking risks due to fear of global uncertainty and geopolitics. Profit booking before Union Budget 2026, record low of 91.99 against the dollar, FIIs selling more than ₹ 36,500 crore in January and mixed Q3 results have weakened the market sentiment. According to experts, volatility may persist until clarity comes.
Outcry in the stock market. Sensex falls 800 points, ₹6 lakh crore lost. Paisa Live | Panic in the stock market. Sensex plunges 800 points, ₹6 lakh crore wiped out
