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Sensex Plunges 876 Points and Nifty Falls Below 22,900 as Axis Bank Drops 4 Percent

Indian benchmark indices closed sharply lower on October 19, 2026, with the Sensex shedding 876 points and the Nifty slipping below the 22,900 threshold. Market pressure was driven by significant losses in key equities, including a roughly 4 percent decline for Axis Bank.

Indian equity markets faced a sharp downturn as benchmark indices registered significant losses during the trading session on October 19, 2026. The Bombay Stock Exchange Sensex concluded the day down by 876 points, reflecting widespread selling pressure across major sectors.

Simultaneously, the broader National Stock Exchange Nifty slipped under the key psychological level of 22,900. Market sentiment remained fragile throughout the day, weighed down by underperformance in prominent financial counters.

Among the notable laggards, Axis Bank experienced a steep decline of about 4 percent, contributing heavily to the downward pull on the headline indices. Market participants continued to monitor ongoing developments as trading concluded.