Indian Stock Market Plummets: 493 Stocks Hit 52-Week Lows Amidst Crash

NIFTY50 and SENSEX witnessed a sharp decline for the second consecutive day, weighed down by global uncertainties, sustained sell-off by Foreign Institutional Investors (FIIs) and muted earnings sentiment. The market has declined in 9 out of 13 trading sessions that took place so far this month. As of 1:00 pm, NIFTY50 is down 160 points or 0.63% to trade at 25,424, while BSE SENSEX declined 453 points or 0.56% to trade around 82,784. Why are Indian markets falling? Domestic markets are reacting to weak sentiments witnessed in the global markets after US President Donald Trump announced new 10% exports tariffs on eight European countries that have opposed his plan for the United States to acquire Greenland. Starting from 1st February, 2026 US would levy a 10% tariff on goods from countries like France, Germany, and the United Kingdom, along with several Nordic and northern European states, with the tariff set to rise to 25% in June 2026 if no agreement is reached. Besides this fall in index heavyweights like Reliance Industries, ICICI Bank, TCS, Infosys, Bajaj Finance, and HDFC Bank amid mixed quarterly earnings has also dragged down the overall NIFTY50 index. Consistent sell-off by FIIs is another key reason for the sharp decline in overall markets. FIIs have been net sellers in 11 out of 12 trading sessions that took place so far this January 2026, selling Indian equities worth 29,315 crore. Meanwhile, Domestic Institutional Investors (DIIs) are net buyers in all the trading sessions this month. Broader market indices like NIFTY Midcap100 (-1.7%) and NIFTY Smallcap100 (-2.1%) are trading higher. More than 490 stocks hit their 52-week low amid a consistent decline in the Indian markets. The volatility index, or India VIX, is up 4.6% to 12.37. All the NIFTY sectoral indices are trading in red, with NIFTY Realty (-3.9%), NIFTY Chemicals (-1.7%), and NIFTY Financial Services (-1.6%) being the top losers. Eternal (-3.5%), Coal India (-2.7%), and Bajaj Finance (-2.5%) were the top three NIFTY50 losers. Prominent stocks at 52-week low today