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Stock markets slump in global selloff

Hindustan Times Gurugram

|

March 24, 2026

Nifty falls 2.6%, BSE m-cap down ₹14 tn; GIFT Nifty jumps after Trump's Iran announcement

- Srushti Vaidya

The bloodbath on Dalal Street deepened on Monday, with benchmark indices extending losses amid the ongoing West Asia War, in line with a broader global rout.

The Nifty fell 2.6% to 22,512, taking its decline to 14.5% from its 2 January peak and leaving it just 769 points shy of its 52-week low on 7 April 2025. The Sensex also fell 2.46% or 1,837 points to 72,696 on Monday, shaving BSE’s market capitalization by ₹14 trillion.

Major indices around the world mirrored the trend, with Japan’s Nikkei 225 falling 3.5%, China's CSI 300 down 3.3%, and South Korea's Kospi sliding 6.5%, as investors reacted to escalating geopolitical tensions and commodity volatility.

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