Stock market became ‘crematorium’! Investors lost ₹51 lakh crore in March, is it all over now?

New Delhi: There is a terror of ‘red mark’ in the stock market these days. The huge fall of the last two days has given sleepless nights to the equity investors, in which they have suffered a huge loss of about Rs 18.60 lakh crore. But if we talk about the entire month of March, this loss figure has crossed the scary level of Rs 51 lakh crore. The situation is that in just two days the Sensex fell by more than 4 percent, whereas during the entire March it has registered a huge fall of 11.50 percent.

Why is there so much panic in the market?

Market experts believe that the biggest reason behind this devastation is the conflict raging in West Asia, which is not stopping. Due to this war, crude oil prices are on fire. Apart from this, investor confidence has been shaken due to weak signals from global markets and continuous withdrawal of money by foreign investors (FIIs). This is the reason why there is a scene of selling everywhere on Dalal Street.

Market collapsed by 11.50 percent, Rs 51 lakh crore lost

If we look at the data, in the last two trading sessions alone the BSE Sensex has fallen by 3,325.9 points or 4.41 percent. On Monday, this major index of 30 shares fell 1,635.67 points and closed at 71,947.55. The effect of this decline was that the total market cap of companies listed on BSE declined by Rs 18.60 lakh crore to $ 4.12 trillion in two days. There has been a total decline of Rs 51,09,498.82 crore in investors’ wealth during the month of March.

Shares of these big companies caught fire

Among the top 30 Sensex companies, Bajaj Finance, State Bank of India (SBI), InterGlobe Aviation, Bajaj Finserv, Axis Bank and Kotak Mahindra Bank suffered the most losses. ‘Power Grid’ was the only company in the entire market which managed to make gains. A total of 3,563 shares witnessed decline on BSE on Monday, while only 876 shares remained in the green. A huge decline of 4.60 percent was recorded in the PSU Bank Index.

‘Double attack’ of crude oil and war

According to Siddharth Khemka of Motilal Oswal Financial Services, the tension in West Asia has now reached its fifth week and there is a fear of it spreading across the region. Due to this reason, Brent crude has jumped by 2.18 percent to reach $ 115.1 per barrel. Rising oil prices have badly affected the Indian economy and market sentiments. Also, in March 2026, foreign investors have withdrawn more than Rs 1 lakh crore from the market, which is further increasing the pressure.

Foreign investors withdraw, fear like 2020

Pabitro Mukherjee of Bajaj Broking says that the level at which foreign institutional investors (FIIs) have sold in March 2026 has rarely been seen in recent history. He pointed out that the conflict in West Asia has created uncertainty across the world. This seems to be a similar situation to what was seen in 2020 during the COVID-19 pandemic, when investors were avoiding risk and moving their money to safe havens. At present there is heavy selling pressure on the market.