Due to continuous selling by foreign investors and global uncertainties, pressure on the Indian stock market has increased. The country’s main index BSE Sensex has now reached the bear market in terms of dollar, due to which the concern of investors has increased.
Big fall against dollar
According to BSE Dollex 30 data, it has fallen from the record level of 8,418.89 in September 2024 to 6,482.11 on April 2, 2026. That means there has been a decline of about 23%. Whereas in rupee terms Sensex has declined by 14.58%. During this period, apart from India, only the Philippines market remained in bear phase, where a decline of about 25% was seen.
What is bear market?
When the stock market falls by 20% or more for a long period of time, it is called a bear market. This indicates that confidence among investors is decreasing and the fear of economic slowdown is increasing.
Weakness of rupee increased the pressure
The weakness of the rupee has also played a major role in this decline. The Indian rupee has fallen from 83.64 per dollar to 93.11, i.e. it has weakened by about 11.31%. This affected the returns of foreign investors and they started withdrawing money from the market.
Heavy selling of FPI, support of DII
During this period, foreign portfolio investors (FPIs) sold shares worth about $ 47.1 billion (₹ 4.17 lakh crore). However, domestic institutional investors (DIIs) kept the market under control to some extent by investing ₹12.53 lakh crore.
Pressure increased due to global reasons
Due to increase in bond yields in America, investors stayed away from risky markets. Apart from this, uncertainty regarding Donald Trump’s tariff policies and increasing tension between America-Israel-Iran have also affected the market. Oil prices have increased to near $110 per barrel, which may increase pressure on inflation and economic growth.
This year’s performance is disappointing
So far in 2026, the Sensex has fallen by about 17% in dollar terms, making it the second worst performing index among the world’s major markets. Overall, withdrawal of foreign investors, weakness of rupee and global tensions have put pressure on the Indian stock market. The direction of the market in the coming time will largely depend on global signals and investor confidence.
How will the situation be in the coming days?
If the situation of uncertainty and war continues in the world, then crude oil will become more expensive in the coming days, which will have a direct impact on gold and dollar. Which will have a direct negative impact on the international market and the Indian market. On the other hand, if the Iran-America and Russia-Ukraine wars end soon, things may change.