India's Nifty 50 Plummets 14% in 2026, Worst Year Since 2008
India's Nifty 50 index fell about 14% year-to-date, making it the worst-performing major market outside Indonesia, as foreign investors withdrew roughly $32 billion, according to NDTV on 27 October. Earlier in the week, the Nifty and Sensex slid more than 2% amid rising crude prices, foreign institutional outflows and heightened Middle-East tensions, with mid- and small-cap indices posting their steepest weekly drops since February 2025, reported The Economic Times. The index then fell for a fourth consecutive session, closing at 22,600, as analysts pointed to oil-price strength and geopolitical concerns, CNBC TV18 noted. A flat opening was signalled by the GIFT Nifty on the following, reflecting cautious sentiment, Moneycontrol.
com said. Subsequent sessions saw the Sensex lose over 500 points and the Nifty slip 177 points after Infosys cut its revenue growth forecast, while a brief rally later lifted the Nifty back above 22,800 before it hovered near 22,700, according to Moneycontrol. com and Business Standard.
