ET Market Watch: Sensex slumps 721 pts, Nifty beneath 24,850; 5 elements why markets crashed

Hello, you are listening to ET Markets Radio, I’m your host Neha V Mahajan. Welcome to a recent episode of ET Market Watch — the place we carry you the most recent information from the world of inventory markets each single day. Let’s get to it:

Sensex tanked 721 pts whereas Nifty50 slipped beneath 24,850. Right here’s what dragged Dalal Avenue down:

1. Monetary Shares Hit Exhausting
Bajaj Finance plunged practically 5% after Q1 outcomes raised crimson flags round MSME loans.
Different lenders equivalent to HDFC Financial institution, SBI, Kotak, Axis additionally fell.
Nifty Monetary Companies Index down over 0.9%.

2. US-India Commerce Deal Stalled
No breakthrough on tariffs.
The August 1 deadline looms, uncertainty rising.
Commerce talks caught on dairy & agri phrases.

3. FII Promote-off Continues
FIIs have dumped ₹11,572 crore in simply 4 periods.
Heavy outflows + smallcap correction = weak market sentiment.

4. India-UK FTA Signed, BUT…
Sectors like textiles & autos might profit.
However lack of readability on the US entrance means no fast increase for markets.

5. Weak World Cues
Asian indices dipped throughout the board.
Grasp Seng -1.1%, Nikkei -0.8%, ASX -0.5%.
Buyers cautious forward of US Fed assembly & Huge Tech earnings.

M-Cap Loss: ₹6.5 lakh crore gone in a day.
Keep tuned. Volatility isn’t going wherever.