Indian benchmarks slide as tech and metals selling extends losses

The Nifty 50 broke below the 24,000 support level, with the Sensex shedding nearly 900 points in a session marked by broad-based weakness.

By Handelsavisen Newsroom · Automated 2026-06-23 10:09 UTC · 1 min read

Indian equity markets extended their decline on Tuesday, with the benchmark Nifty 50 slipping below the critical 24,000 level.

The Sensex lost 893 points, or 1.16%, to end at 76,200.68, while the Nifty 50 shed 279 points, or 1.16%, to settle at 23,824.10.

This marks a continuation of the pressure that saw the Sensex slide more than 520 points in prior sessions, indicating persistent risk-off sentiment among domestic and foreign investors.

The sell-off erased approximately ₹6 lakh crore in market value in a single session.

The decline was driven by heavy selling in the information technology and metals sectors, which weighed heavily on the broader indices.

This marks a continuation of the pressure that saw the Sensex slide more than 520 points in prior sessions, indicating persistent risk-off sentiment among domestic and foreign investors.

The breach of the 24,000 level on the Nifty 50 is a significant technical development, suggesting that support levels are being tested amid the ongoing volatility.