Due to the huge fall in the stock market in two days, equity investors have suffered a loss of Rs 18.60 lakh crore. If we look at this loss in terms of the entire month of March, it has crossed Rs 51 lakh crore. The special thing is that in two consecutive days the Sensex fell by more than 4 percent. On the other hand, in the month of March, BSE’s main index Sensex has seen a decline of about 11.50 percent. According to experts, the reason for the big fall in the stock market is the ongoing conflict in West Asia, which is not showing any sign of stopping, due to which there has been a huge rise in the prices of crude oil. On the other hand, due to weak global trends and continuous outflow of foreign funds, investor confidence has also been shaken. Due to which huge selling is being seen in the stock market.
11.50 percent market broken, 51 lakh crore cleared
If we talk about the last two trading sessions, the BSE benchmark Sensex has fallen by 3,325.9 points, or 4.41 percent. Whereas in the month of March, Sensex has fallen by 9,339.64 points i.e. 11.48 percent. On Monday, the 30-share BSE benchmark Sensex closed 1,635.67 points, or 2.22 per cent, lower at 71,947.55.
The market capitalization of BSE listed companies fell by Rs 18,60,662.29 crore to Rs 4,12,41,172.45 crore (USD 4.36 trillion) in two days as investors moved away from risky assets. Whereas in the month of March this figure has reached Rs 51,09,498.82 crore.
Among the 30 Sensex constituents, Bajaj Finance, State Bank of India, InterGlobe Aviation, Bajaj Finserv, Axis Bank and Kotak Mahindra Bank were among the biggest losers. On the other hand, Power Grid was the only company whose shares saw a rise. A total of 3,563 shares declined on BSE, while 876 shares advanced and 154 shares remained unchanged.
Sector wise, all the indices closed in the red. Auto, FMCG, Consumer Durables, Capital Goods, Realty, Private Bank and PSU Bank fell in the range of 2-4 per cent. BSE PSU Bank fell heavily by 4.60 per cent, followed by MidSmall Private Banks Quality Tilt (3.96 per cent), Bankex (3.80 per cent), Financial Services (3.46 per cent), Private Banks (3.43 per cent), BSE Top 10 Banks (3.40 per cent), Telecommunication (3.09 per cent) and Realty (3.03 per cent).
Increase in crude oil prices
Siddharth Khemka, Research Head of Wealth Management at Motilal Oswal Financial Services Limited, said that another day a huge fall was seen in the stock market. There are clouds of uncertainty over market sentiments. Rising tensions in West Asia are weighing on markets, as the ongoing US-Israel conflict with Iran enters its fifth week and spreads across the region. Global oil benchmark Brent crude jumped 2.18 percent to USD 115.1 per barrel. Khemka further said that the special thing is that in March 2026, huge mass selling by FIIs (foreign institutional investors) was seen, in which funds worth more than Rs 1 lakh crore went out. This reflects persistent global risk-off sentiment and pressure on domestic equities.
Foreign investors also became the reason
Pabitro Mukherjee, Associate Vice President, Technical Research, Bajaj Broking, said foreign institutional investors (FIIs) drove unprecedented selling in Indian equities during March 2026, one of the largest monthly capital outflows in recent history. The main reason for this large-scale withdrawal has been the rising geopolitical tensions in West Asia, which have increased global uncertainty and risk aversion. Mukherjee said the four weeks since the conflict began have seen the most intense wave of risk aversion since the Covid-19 pandemic caused global market turmoil in 2020. He further said that during this phase, FIIs have been the main force behind the market weakness, leading to continuous selling pressure.