Investors lose ₹5 lakh crore in 15 mins as stock market sees sharp plunge: Report

All the sectors in the benchmark indices remained in red as oil stocks were worst hit. Sensex saw a drop of over 500 points, while Nifty 50 shredded 150 points.

Updated on: Jul 31, 2025, 10:23:00 IST

By Majid Alam

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The investors lost over ₹5 lakh crore in 15 minutes on Thursday as the market opened in red, seeing a sharp plunge following the US tariff announcement.

Benchmark equity indices Sensex and Nifty tumbled in early trade on Thursday. (PTI)

The total market capitalisation (m-cap) of BSE-listed companies fell by around ₹5.5 lakh crore to ₹453.3 lakh crore in the morning trade, The Economic Times reported.

All the sectors in the Indian benchmark indices remained in red as oil stocks were worst hit.

Also Read: Stock market: Sensex plunges 500 points, Nifty down by 0.6%, oil stocks slide

The BSE Sensex tanked 786.36 points to 80,695.50 in opening trade. The 50-share NSE Nifty tumbled 212.8 points to 24,642.25.

The exchange data showed that Foreign Institutional Investors (FIIs) withdrew equities worth ₹850.04 crore on Wednesday.

Oil stocks were one of the worst hit in the early trade as Indian Oil Corporation, BPCL, Mahanagar Gas, ONGC and Gujarat Gas traded in red.

Some of the worst-hit Sensex stocks include Reliance Industries, Tata Motors, Mahindra & Mahindra, Bharti Airtel, Titan and State Bank of India. However, Hindustan Unilever, Eternal and Powergrid were trading in green.

In Asian markets, South Korea's Kospi, Shanghai's SSE Composite index and Hong Kong's Hang Seng traded lower while Japan's Nikkei 225 index quoted in positive territory, according to news agency PTI.

Meanwhile, the rupee recovered 14 paise from its all-time low to 87.66 against the US dollar in early trade on Thursday. At the interbank foreign exchange, the rupee opened at 87.66, then touched an early low of 87.74 against the US dollar.

ABOUT THE AUTHOR
Majid Alam
Majid Alam is a Chief Content Producer working at Hindustan Times, based in New Delhi. He currently heads shifts at online desk and manages homepage apart from writing, editing and curating articles. With over six years of experience in journalism, Majid has navigated national, politics and international news. His work primarily focuses on the politics of the Hindi heartland, government policies, and South Asia. He also writes on US and Europe’s policies vis-à-vis India. Before joining Hindustan Times, Majid worked at ABP LIVE as the Chief Copy Editor and at News18, where he managed the World and Explainers sections. His articles have featured in Dialogue Earth, The Quint, BMJ, The Diplomat, and Outlook India. Majid has a keen interest in the use of data for storytelling. Majid holds a Masters in Convergent Journalism from Jamia Millia Islamia. He was awarded the Erasmus+ scholarship to study International Affairs at Sciences Po, Paris in 2020. He is also part of the OCEANS Network, an alumni network of Erasmus+ exchange scholars. He is currently serving as the National Representative (India) at the OCEANS Network. Apart from journalism, Majid has a flair for academic writing and loves to teach. He has published a book chapter: 'Bombay Cinema and Postmodernism' in the book: 'Handbook of Research on Social and Cultural Dynamics in Indian Cinema.' He was also part of the OCEANS Network delegation to Hanoi National University of Education in Vietnam in 2025. He has also given guest lecture in digital journalism at AJK MCRC, Jamia Millia Islamia.Read More

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