# Sensex Plunges 876 Points, Nifty Falls Below 22,900

> Indian stock market crashes as Sensex drops 876 points and Nifty falls below 22,900.
- Title: Sensex Plunges 876 Points, Nifty Falls Below 22,900 | Shortify
- Summary: Indian stock market crashes as Sensex drops 876 points and Nifty falls below 22,900. sensex, nifty, bse · reported by The Economic Times.
- Keywords: sensex, nifty, bse, indian stock market, sensex plunges, nifty falls, stock market crash, bse-listed companies, market capitalisation, money, business, Plunges
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/stocks/live-blog/bse-sensex-today-nifty50-stock-market-live-updates-gift-nifty-vedanta-hdfc-bank-share-price-19-october-2026/liveblog/135037753.cms
- Read time: 2 min
- Topics: sensex, nifty, bse, indian stock market, sensex plunges, nifty falls, stock market crash, bse-listed companies, market capitalisation, money, business
## Sensex Plunges 876 Points
The Sensex plunged 876 points to settle at 73,853, wiping out nearly Rs 5 lakh crore in investor wealth.
## Nifty Ends Below 22,900
The Nifty 50 shed 257 points to close at 22,889, taking market capitalisation below Rs 468 lakh crore.
## Key Stocks Drop
Axis Bank fell 4%, while UltraTech Cement, Infosys and Bajaj Finance declined around 3% each.
## Market Volatility Rises
India VIX, a market volatility gauge, rose more than 4% to nearly 14.7.
## FII Outflows Impact
Foreign institutional investors raised stakes in 302 smallcap stocks, accounting for nearly half of disclosed companies.
## Oil Prices Fall
Oil prices fell around 2% after U.S. President Trump waived sanctions on Russia, including energy exports.
## Global Market Reactions
European stocks slipped led by France, with France's CAC 40 sinking 1.3% to 7,854.31.
## Sectoral Performance
PSU banks led gains, while private banks, chemicals, and financial services declined sharply.
## Market Breadth
Market breadth remained negative, with 2,139 stocks declining against 1,049 advances.
## Jio IPO Demand
Jio Platforms' IPO attracted around Rs 2.5 lakh crore in institutional investor demand.
## HFCL Q2 Results
HFCL reported a net profit of Rs 394 crore, marking a 448% year-on-year jump.
## UltraTech Cement Results
UltraTech Cement reported a 21% year-on-year jump in net profit to Rs 1,494 crore.
## Punjab National Bank Surge
PNB shares surged 8% after reporting better-than-expected Q2 earnings, prompting brokerages to raise target prices.
## Market Volatility Eases
Sensex pulled back from sharp swings as market volatility began to ease.
## Dussehra Trading Holiday
The Indian stock market will remain closed on Tuesday, October 20, for Dussehra.
## Market Outlook
Nifty faces a crucial test at key resistance levels, with 23,400, 23,500 emerging as the next upside target.
## Key takeaway

Indian stock market crashes as Sensex drops 876 points and Nifty falls below 22,900.