On March 23, 2020, during the COVID-19 pandemic, the Indian stock market recorded a historic decline. On that day, the S&P BSE Sensex fell 3,935 points, or 13.15 percent, and the NSE Nifty 50 fell 1,135 points, or 12.98 percent.

When did the Indian stock market fall significantly?

Stock Market News: The impact of rising tensions in the Middle East is now clearly visible on the Indian stock market as well. Due to heavy selling and a sharp rise in crude oil prices, the market witnessed a major decline on Friday, March 13, 2026, the last trading day of the week. The S&P BSE Sensex fell 1,470.50 points to close at 74,563.92, while the NSE Nifty 50 fell 488.05 points to 23,151.10. The most pressure was seen on auto and metal stocks, as there is a growing fear that supply constraints and rising input costs will impact companies' profits.

When did such a big decline come?

The impact of the Iran war on
tensions in the Middle East began to escalate on March 28th, and since then, the Indian stock market has been experiencing a steady decline. The S&P BSE Sensex, which was at 81,287 on February 27th, has now fallen to around 74,500. This means the market has declined by approximately 6,787 points during this period.

On March 9, due to tensions related to Iran, the Sensex fell nearly 2,500 points intraday, falling nearly 3 percent to 76,424. The NSE Nifty 50 also fell nearly 750 points to 23,697.

The impact of US tariffs
had previously been a significant decline in the market after the US imposed high tariffs on April 7, 2025. On that day, the S&P BSE Sensex fell to a low of 73,137.9.

The market also experienced a significant decline after the 2024 Lok Sabha election results
were announced. At that time, the Sensex fell by approximately 5.74 percent, and the NSE Nifty 50 by approximately 5.93 percent. Investors lost approximately ₹31 lakh crore in just a few hours.

Hindenburg Report
Even after the Hindenburg report, a major decline was seen in the Indian market, which created an atmosphere of panic among the investors.

The impact of the coronavirus pandemic
was evident on March 23, 2020, when the Indian stock market experienced a historic decline. On that day, the S&P BSE Sensex fell 3,935 points, or 13.15 percent, and the NSE Nifty 50 fell 1,135 points, or 12.98 percent. Between January and March 2020, the market lost approximately 38 percent of its value.

The impact of demonetization
was also followed by a significant market decline following the announcement of demonetization in November 2016. On November 9, 2016, the S&P BSE Sensex fell 1,689 points, or 6.12 percent, to close at 26,902, while the NSE Nifty 50 fell 541 points, or 6.33 percent, to 8,002. Ongoing tensions in the Middle East and a surge in crude oil prices have once again increased investor concerns, creating a volatile environment in the market.