Impact of tension in the Middle East! Sensex closed down by 1,635 points in the last session of the financial year!

In the last trading session of the current financial year (2025-26), a big fall was seen in the Indian stock market on Monday. At the end of the day, Sensex was at 71,947.55, down 1,635.67 points or 2.22 per cent, and Nifty was at 22,331.40, down 488.20 points or 2.14 per cent.

There was an all-round decline in the market. Almost all the indices closed in the red. Nifty PSU Bank (4.56 percent), Nifty Financial Services (3.49 percent), Nifty Private Bank (3.37 percent), Nifty Realty (2.84 percent), Nifty India Defense (2.80 percent), Nifty Services (2.72 percent), Nifty Consumer Durables (2.58 percent), Nifty Media (2.50 percent) and Nifty Auto. Closed with a weakness of (2.39 percent).

Along with largecap, midcap and smallcap also saw a decline. The Nifty Midcap 100 index was at 52,650, down 1,447.80 points or 2.68 per cent, and the Nifty Smallcap 100 index was at 15,203.80, down 416.20 points or 2.66 per cent.

Only two out of 30 stocks in the Sensex pack closed in the green.

Bajaj Finance, SBI, Indigo, Axis Bank, Kotak Mahindra Bank, HDFC Bank, Trent, Bharti Airtel, UltraTech Cement, M&M, ITC, ICICI Bank, Sun Pharma and Asian Paints were among the losers. Only Tech Mahindra and Power Grid closed in the green.

Due to the huge fall in the stock market, the market cap of all the companies listed on the Bombay Stock Exchange (BSE) has reduced by about Rs 10 lakh crore to Rs 412 lakh crore, which was Rs 422 lakh crore on Friday.

The reason for the decline in the market is the increasing tension in the Middle East, which shows no signs of ending. This has weakened investor sentiment in the market.

Sudeep Shah, Head of Technical and Derivatives, SBI Securities, said that the market started with a gap down on the last day of FY26 and though there was a slight recovery later, but continuous selling from the upper levels led to the fall in the market. Due to this, Nifty closed with a fall of 2.14 percent at the end of the day.

He further said that the support for Nifty is around 22,200 to 22,150 and if the decline increases from here then Nifty can go up to 22,000 and then 21,800. However, 22,450-22,500 is the resistance level.