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NSE:PATANJALI 20 January 2026

Sensex, Nifty slide to 3-month lows as ₹9.86 lakh crore evaporates — what traders are watching now

Sensex, Nifty slide to 3-month lows as ₹9.86 lakh crore evaporates — what traders are watching now

Indian equities dropped sharply on Tuesday, with the Sensex and Nifty 50 marking their lowest finishes in over three months. The selloff erased roughly 9.86 lakh crore rupees in market value from companies listed on the BSE. The Sensex closed 1.28% lower at 82,180.47, while the Nifty 50 slipped 1.38% to 25,232.50. The decline is significant now—it’s moved beyond a simple large-cap hiccup. Foreign selling and a patchy earnings season are dragging the broader market lower, while investors watch closely to see how much domestic buying can soak up the selling pressure.

Stock Market Today

  • Sugar prices jump as India's weak monsoon and El Niño worries hit supply
    June 29, 2026, 1:29 PM EDT. Sugar prices rallied Friday, with New York sugar hitting its highest in two weeks and London sugar at a 2.75-month peak. Traders pointed to India's 42% below-normal monsoon rainfall as a main driver, putting pressure on sugarcane crops. India's Earth Science Ministry says it's the weakest monsoon in 11 years for the world's No. 2 sugar producer. Brazil's sugar output is also under pressure, as more cane goes to ethanol and Unica reported a 2% output drop through May. A confirmed El Niño weather pattern is raising more supply worries, with the U.S. NOAA citing a 67% chance of a strong "Super El Niño" this year, which could mean less rain for Brazil, India, and Thailand. All this keeps sugar prices up.
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