Why is stock market down today? Sensex, Nifty crash over 1%, Rs 7 lakh crore wiped out - top reasons for fall

May 18, 2026 - 13:00
Why is stock market down today? Sensex, Nifty crash over 1%, Rs 7 lakh crore wiped out - top reasons for fall

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The Sensex tumbled over 1,000 points to slip below the 74,300 mark, while the Nifty 50 dropped more than 300 points to trade under 23,350. The steep decline erased nearly Rs 7 lakh crore from the total market capitalisation of BSE-listed companies, reducing it to around Rs 454 lakh crore.

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