September rout makes history: Nifty posts worst monthly fall in 8 years, worst series drop since 2001
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The Nifty 50 fell 6.1 per cent in September, marking its worst monthly drop in eight years.
- ✓Foreign investors pulled ₹25,662 crore from Indian equities, while domestic investors bought ₹52,617 crore.
- ✓Ajit Mishra said, “Nifty has tested that mark after 6 years.” High crude prices and global rate hikes caused this.
Story at a Glance
- Category
- MARKET
- Reported By
- Business Line
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Indian equities ended the first half of FY27 under pressure, with September emerging as the weakest month for the Nifty 50 since 2018 as elevated crude prices, higher global bond yields and sustained foreign selling weighed on sentiment.
The Nifty 50 closed September at 22,620.45, down 6.1 per cent during the month. For the first half, NSE 50 index gained 1.3 per cent.
FPIs turned to risk-averse mode in September, amid inflation worries as crude oil prices surged above $100/barrel that forced global central banks to hike interest rates.
The US Fed raised its key interest rate in September, followed by central banks in Europe, Japan and Australia. Analysts expect RBI will also hike the rate in the upcoming October 7 meet, as inflation rose.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Business Line
Read the full, original unfiltered story directly on the publisher's portal.