Stock market crash drives over 900 stocks to their 52-week lows on BSE; Sensex down 15% from its peak
As many as 906 stocks, including HAL, Tata Motors Passenger Vehicles, Swiggy, Bajaj Housing Finance, IDBI Bank, Indian Overseas Bank, and Lodha Developers, hit their 52-week lows in intraday trade on the BSE.
The Indian stock market witnessed a strong across-segments selloff on Friday, March 27, which drove the benchmarks- the Sensex and the Nifty 50- down by more than 2% each, eroded investors' wealth by about ₹9 lakh crore in a single session, and dragged more than 900 stocks to their 52-week low levels.
The 30-share pack Sensex crashed 1,690 points, or 2.25%, to close the day at 73,583, while the NSE counterpart Nifty 50 suffered a loss of 487 points, or 2.09%, to settle at 22,820. The BSE 150 Midcap index crashed 2.18%, while the BSE 250 Smallcap index plunged 1.82%.
The total market capitalisation of BSE-listed firms dropped to ₹422 lakh crore from ₹431 lakh crore in the previous session, making investors poorer by about ₹9 lakh crore in just a single session.
The equity benchmark Sensex is now down about 15% from its peak of 86,159, set on December 1, 2025.
"Indian equities ended lower after a volatile session as rising bond yields coupled with negative cues from western markets and mixed Asian performance kept investors on the edge," Vinod Nair, Head of Research, Geojit Investments, noted.
"Profit booking set in after the recent two-session rally as the rupee fell to an all-time low amid sustained FII selling, while escalating tensions in the Middle East heightened caution among investors ahead of the weekend," Nair added.
Stocks at 52-week lows
As many as 906 stocks, including Hindustan Aeronautics (HAL), Tata Motors Passenger Vehicles, Swiggy, Bajaj Housing Finance, IDBI Bank, Indian Overseas Bank, Lodha Developers, Procter & Gamble Hygiene and Health Care, and UCO Bank, hit their 52-week lows in intraday trade on the BSE.
ACC, Aegis Vopak Terminals, Alok Industries, Blue Dart Express, Cyient, Godrej Industries, Gillette India, GSFC, Sonata Software, Indraprastha Gas, and Emami were also among the stocks that hit their 52-week lows on the BSE.
Stock market outlook
According to Nair, near-term sentiment remains fragile amid geopolitical risks and potential earnings downgrades from supply shocks. He, however, added that in the medium-term, pressure may ease as valuation gaps with other emerging markets narrow.
Ajit Mishra, SVP-Research at Religare Broking, believes that, given the prevailing geopolitical uncertainty and the scheduled expiry of March derivatives contracts, volatility may remain elevated on Monday.
"Participants are advised to maintain a cautious approach, avoid aggressive positioning, and focus on disciplined risk management while adopting a selective, stock-specific trading strategy," said Mishra.
On the technical front, Mishra said that the immediate support is around 22,500, and a decisive break below this level could trigger further downside towards 22,000. On the upside, 23,000 may act as an immediate hurdle, followed by a stronger resistance near 23,500 in case of any recovery, said Mishra.
Read all market-related news here
Read more stories by Nishant Kumar
Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
About the Author
Nishant is a market reporter at Mint, where he holds the official designation of Principal Correspondent – Markets. He has been closely tracking the Indian stock market as well as major global stock markets along with the broader macroeconomic trends for a decade. <br><br> He is obsessed with breaking down complex financial and economic concepts into clear and engaging stories. He focuses not only on what is happening in the markets, but also why it matters. <br><br> His coverage includes stock market trends, sector rotations, monetary and fiscal policy developments, inflation, growth data, and personal finance strategies. <br><br> With nearly 10 years of experience in covering financial markets, Nishant has covered bull markets, corrections, policy transitions, and macro developments that has equipped him with a deep understanding of how domestic and global forces shape markets and affect investments. <br><br> He regularly interviews market veterans, fund managers, economists, policymakers, and corporate leaders to provide readers with a 360-degree view of market dynamics and the broader economic landscape. <br><br> Before joining Mint, Nishant worked with some of India’s most respected business newsrooms, including The Economic Times and Moneycontrol, where he reported extensively on the stock market, corporate earnings, macroeconomic trends, GDP, inflation, monetary policies of the RBI and the US Federal Reserve, bonds, and currencies. <br><br> Apart from economics and investing, he has interests in geopolitics and emerging technologies, such as AI.
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
Wait for it…
Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.