Sensex dropped 550 points, and Nifty slipped below 24,200 as heavy selling in HDFC and Axis Bank shares, coupled with rising oil prices, weighed on market sentiment.
The decline is attributed to rising oil prices amid escalating Iran-US tensions
Jul 20, 2026
11:32 am
What's the storyThe Indian stock market witnessed a major slump today, with the Sensex and Nifty falling by 0.65% and 0.5%, respectively. The fall comes after a strong rally in the previous session.
At around 10:20am, the Sensex had fallen by 486 points to trade at 77,659, while Nifty was down by 121.45 points to 24,212.30.
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