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Stock market crash today: BSE Sensex tanks over 750 points, goes below 74,000; Nifty50 near 22,350

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Stock market crash today: BSE Sensex tanks over 750 points, goes below 74,000; Nifty50 near 22,350
“The support level at 22500-22400 appears to be crucial for the Nifty50 index in the near future,” says Osho Krishnan of Angel One. (AI image)

Stock market crash today: BSE Sensex and Nifty50, the Indian equity benchmark indices, crashed in opening trade on Friday. While BSE Sensex went below the 74,000 mark, Nifty50 was near 22,350. At 9:27 AM, BSE Sensex was trading at 73,850.39, down 762 points or 1.02%. Nifty50 was at 22,325.45, down 220 points or 0.97%.
The indices are expected to respond to crucial economic indicators, including US GDP data, initial jobless claims, and India’s GDP growth figures. According to analysts, markets are likely to face pressure in upcoming sessions due to negative global indicators.
“The support level at 22500-22400 appears to be crucial for the Nifty50 index in the near future and requires careful observation. Its ability to hold may determine whether a rebound is possible or if further declines are imminent. Conversely, a bearish gap at 22670-22720 presents a significant obstacle for the expiry day, which is expected to hinder any potential recovery efforts,” says Osho Krishnan, Sr. Analyst, Technical & Derivatives of – Angel One.
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US markets declined significantly on Thursday, with technology stocks leading the downturn. Nvidia’s quarterly results failed to sustain the AI-driven market enthusiasm, whilst economic data indicated a slowdown in the US economy.
Asian equity markets declined on Friday following significant losses on Wall Street, influenced by disappointing Nvidia Corp. performance, new US tariff specifics and varied economic indicators.
Gold prices increased slightly on Friday but were positioned to end its eight-week positive run due to a stronger dollar. Investors await crucial US inflation data to understand the Federal Reserve’s future policy decisions.
Foreign portfolio investors sold net Rs 556 crore on Thursday, whilst domestic institutional investors purchased shares worth Rs 1,727 crore.
FIIs’ net short position decreased from Rs 1.99 lakh crore on Tuesday to Rs 1.73 lakh crore on Thursday.





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