Sensex tanks 539 points, Nifty drops below 24,100 dragged by HDFC Bank
Indian stock markets experienced a sharp decline on August 27, 2026, with the Sensex and Nifty falling due to selling in major banking stocks and ongoing geopolitical instability. The market remains volatile amid monthly derivatives expiry.
Why it matters
The downturn highlights the sensitivity of Indian markets to global geopolitical tensions and institutional investor behavior.
Benchmark indices fell sharply at the fag-end of trade on Thursday (August 27, 2026), with the Sensex dropping 539 points and the Nifty slipping below 24,100, as selling in blue-chip HDFC Bank and persistent geopolitical uncertainty weighed on market sentiment.
Falling for the second day, the 30-share BSE Sensex dropped 539.35 points, or 0.70%, to settle at the day's low of 76,933.59 on the monthly derivatives-expiry day.
Similarly, the 50-share NSE Nifty declined 116.90 points, or 0.48%, to end at the day's low of 24,090.85.
Among the 30 Sensex firms, HDFC Bank, NTPC, Mahindra & Mahindra, Bharti Airtel, HCL Tech and ITC were the major laggards.
Kotak Mahindra Bank, ICICI Bank, Tech Mahindra and Bharat Electronics were among the winners.
Brent crude, the global oil benchmark, edged higher by 0.67% to $88.43 per barrel.
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