Stock market crash: According to experts, the top five reasons dragging the Indian stock market today are — weak global cues, fear of inflation, expected slowdown in industrial demand, supply-chain concerns around the Strait of Hormuz, and relentless selling by FIIs.AI Quick ReadStock market today, 9 April 2026: Following weak global market cues after a dent in hopes of a ceasefire in the US-Iran war and renewed fears of inflation amid rising crude oil prices, the key benchmark indices of the Indian stock market are reeling under sell-off pressure. The Nifty 50 index opened with a downside gap at 23,909 and touched an intraday low of 23,759, logging a loss of around 238 points or nearly one per cent below its yesterday's close of 23,997.
The BSE Sensex opened lower at 77,319 and touched an intraday low of 76,624, logging an intraday loss of 938 points. Likewise, the Bank Nifty today opened with a gap-down at 55,505 and touched an intraday low of 55,078, logging an intraday loss of 625 points during the Thursday session.
In this stock market crash, investors lost over ₹1.50 lakh crore in a single day as the overall market capitalisation of BSE-listed firms fell to ₹444 lakh crore from ₹445.51 lakh crore in the previous session.
According to market experts, the Indian stock market is falling due to the weak global cues. They said that global market sentiments have turned cautious due to the fresh attacks by Israel on Lebanon on Wednesday. This has dented hopes for a ceasefire in the US-Iran war and the reopening of the Strait of Hormuz. Apart from this, they said that a two-week ceasefire won't be enough to pare the economic losses that the global economy has incurred during the US-Iran war. They said that inflation fears remain, as oil and gas supply will remain a big concern due to the devastation of oil infrastructure in the Middle East.
Experts listed the following top five reasons dragging the Indian stock market today: weak global cues, fear of inflation, expected slowdown in industrial demand, supply-chain concerns around the Strait of Hormuz, and relentless selling by FIIs.
1] Weak global cues: After a strong pullback on Wednesday, the global indices remained under selling pressure on Thursday since early morning dealings. In the Asian markets today, the Japanese Nikkei is down by nearly 0.65%, the Chinese Shanghai index is down by nearly one per cent, Hong Kong's Hang Seng is down by around 0.50%, while the South Korean KOSPI crashed around 1.50%. The DJ Shanghai index has corrected more than one per cent.
Anuj Gupta, a SEBI-registered market expert, believes the Indian equities are falling due to the weak global market sentiments as Israel's fresh attacks on Lebanon on Wednesday has jeopardised the ceasefire hopes in the Middle East.
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Asit Manohar has nearly two decades of experience in the mainstream media. In this period, he has served esteemed media organisations like NDTV Profit, The Economic Times, and Zee Business. He has been working at LiveMint Digital since April 2021. During these two decades of journey in mainstream media, Asit has mainly covered external affairs, markets and personal finance. However, his earliest beats include railways, SME, MSME, and politics (Congress beat). Some of his features on political, economic, and foreign policy are documented in the parliamentary records.
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While pursuing his MA (Mass Communication, Session 2004-06), Asit began his media career as a stringer at All India Radio in Varanasi. At AIR Varanasi, Asit worked with the Gyanvani, Yuvvani and Vividh Bharti teams. After working for nearly one year at AIR Varanasi, he shifted to print journalism and started working as a stringer for the HT Media Ltd, Varanasi. At HT Media Ltd in Varanasi, he covered the BHU beat.
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Asit has also worked with some brokerage houses. He has worked with Religare Broking and India Infoline, where he assisted the research team in developing and executing trade strategies for intraday cash, F&O, and commodities.
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Asit is a Gold Medalist in MA (Mass Communication) from BHU, Varanasi. He did his BSc. (Hons) in Mathematics from Magadh University, Bodh Gaya. Asit was a National Talent Scholarship holder during his senior secondary studies (1988-91).