Stock markets faced a harsh blow on September 26, as a sharp and unexpected sell-off led to a massive erosion of investor wealth. Benchmark indices — Sensex and Nifty — fell steeply, wiping out nearly ₹7 lakh crore from overall market capitalisation in just a single trading session. The slump was not limited to a single sector; weakness was broad-based, affecting pharma, IT, auto, banking, and financial services stocks.

Investor concerns intensified after a mix of global and domestic triggers spooked market sentiment, including fresh import tariffs announced by the U.S., weak global tech earnings, rising visa fees, and persistent selling by foreign institutional investors (FIIs).

Sensex ended the day down 733.22 points at 80,426.46, while the Nifty lost 236.15 points, closing at 24,654.7

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