Stock market crash: Sensex tanks 700 points, Nifty50 below 22,400 - key reasons
On October 8, 2026, the BSE Sensex fell by 691 points to 71,947.85, while Nifty50 dropped 245 points to 22,357.85. Foreign Institutional Investors (FIIs) have been selling large-cap stocks, exacerbated by the US 10-year bond yield exceeding 5.3%. This trend suggests continued selling pressure in the market as investors react to rising yields.