Now Reading: Nifty 50 down 13.5% in 2026, set for worst annual decline since 2011
-
01
Nifty 50 down 13.5% in 2026, set for worst annual decline since 2011
The Story in Brief
The Nifty 50 has fallen 13.5% in 2026, on track for its biggest annual decline since 2011, LiveMint reports. Elevated crude oil prices above $100 per barrel, sustained selling by foreign portfolio investors and a falling rupee have driven the losses. The Sensex dropped 242 points to 72,529 on Tuesday, 29 September, with IT stocks such as Infosys, Wipro and TCS leading the decline, according to Hindu Business Line.
Analysts cited by Business Today said domestic liquidity is being drained by the IPO boom and high oil prices, while NDTV Profit reported that the Nifty bounced back from its 200-week moving average on the monthly expiry day. The RBI faces tightening pressure at its October meeting. SBI Securities sees support for the Nifty at 22,540-22,560.
Indian Opinion Analysis
On the broad market decline, NDTV Profit leads with a sharp intraday rebound, whereas LiveMint leads with a 13.5% year-to-date crash that it calls the worst in 15 years. Business Today frames the story around liquidity drains from oil and IPOs, while Hindu Business Line leads with FII outflows and elevated crude. All sources agree on the causes but differ on the present tone: NDTV Profit pushes a value-buying opportunity from the dip, while LiveMint emphasises sustained sell-off risk. The neutral reading is that the Nifty fell 64 points on 29 September and is down 13.5% in 2026, with the immediate support at 22,540-22,560 per SBI Securities, as the RBI meets in October.
Coverage: 8 sources, 7 neutral, 1 sensationalist
Sources (8): livemint.com (sensationalist), businesstoday.in (neutral report), businesstoday.in (2) (neutral report), thehindubusinessline.com (neutral report), thehindubusinessline.com (2) (neutral report), economictimes.indiatimes.com (neutral report), livemint.com (2) (neutral report), ndtvprofit.com (neutral report)
This brief was synthesised by AI from the 8 sources linked above, so one read covers every framing they carry. Methodology and corrections.
Update, 30 September 2026: this story now draws on 8 sources.
