return to news
  1. Upstox
    /
  2. News
    /
  3. Market News
    /
  4. Stocks
    /
  5. Stock market crash: IRCTC, Tata Motors PV, HDFC Bank among 787 stocks that hit 52-week low as investors lose over ₹9 lakh crore

Market News

Stock market crash: IRCTC, Tata Motors PV, HDFC Bank among 787 stocks that hit 52-week low as investors lose over ₹9 lakh crore

Upstox logo
By Sreenivas Ajankar

4 min read | Updated on March 09, 2026, 18:41 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

NIFTY50 and SENSEX suffered massive losses today, weighted down by escalating conflict in the Middle East region. Investors lost over ₹13 lakh crore in a session as crude oil prices rose to record high levels. Tata Motors PV, IRCTC, HDFC Bank, Asian Paints, and Suzlon Energy are among the prominent stocks that hit a 52-week low today.

Stock list

HDFCBANK
--
ASIANPAINT
--
TRENT
--
SUZLON
--
OLECTRA
--
stock_market_crash_today

Brent crude oil prices surge to their highest level since July 2022. | Image: Shutterstock

NIFTY50 and SENSEX closed sharply lower today on Monday, March 9 reacting to weak sentiments in the global markets amid escalating geopolitical tensions in the Middle East.

Open FREE Demat Account within minutes!
Join now

NIFTY50 was down 422 points or 1.7% to close at 24,028, with a day low of 23,697, reflecting widespread selling across sectors. Meanwhile, BSE SENSEX closed 1352 points or 1.7% lower at 77,566. SENSEX hit a day low of 76,424 today.

Key factors behind stock market crash

Surge in Brent crude oil prices: One of the key factors behind today’s market fall is record surge in crude oil prices. Brent crude jumped over 25% to hit record high of $119.4 per barrel, which is the highest level since July 2022 as supply disruption fear due to ongoing conflict between the US, Israel and Iran led to oil prices surge.

Oil shipping through the Strait of Hormuz is largely halted, while major oil producers are cutting oil production due to Iran attack on key refineries. India is one of the largest importers of the crude oil through Middle East and Strait of Hormuz. Hence this disruption and oil price rise is likely to impact the domestic economy. For every $1 jump in international oil prices increases the domestic import bill by roughly $2 billion (₹15,000 to ₹16,000 crore).

Consistent rise in crude oil prices could widen the current account deficit and impact domestic inflation.

Rupee fall to record low: The Indian rupee touched a record low of 92.528 today. As per experts rupee weakness due to rising crude oil prices, a strengthening US dollar, heavy foreign investor outflows. Foreign institutional investors (FIIs) have been consistent seller of Indian equities. FIIs have offloaded Indian equities worth ₹21,831 crore since start of this month.

Broader market indices like NIFTY Midcap100 (-2.7%) and NIFTY Smallcap100 (+2.7%) are also witnessing sell-off. More than 750 stocks hit their 52-week low today as investors did profit booking amid weak market sentiments.

The volatility index, or India VIX, is up 21.7% to 24.21. All the sectoral indices are trading in red, with NIFTY Auto (-4.6%), NIFTY PSU Bank (-4.5%) and NIFTY Oil & Gas (-2.9%) being the top sectoral losers.

Prominent stocks at 52-week low today

Stock52-week low1-year return*
Tata Motors PV₹330.3-48.97%
HDFC Bank₹821.5-0.90%
TCS₹2,505-30.39%
IRCTC₹535.2-22.92%
Asian Paints₹2,162.6-2.30%
Wipro₹193-31.07%
Trent Limited₹3,580-27.20%
Suzlon Energy₹38.19-28.75%
GAIL (India)₹147.03-6.58%
IREDA₹112.07-24.03%
PNB Housing Finance₹729.6-9.80%
Dixon Technologies₹9,630-29.27%
Olectra Greentech₹874.1-21.97%
IRFC₹95.27-21.96%
DLF Limited₹553.5-14.80%
Ola Electric Mobility₹23.01-58.85%
ITC Hotels₹160.45-6.31%
InterGlobe Aviation₹4,035-9.38%
Ambuja Cements₹443.2-9.68%
Aditya Birla Fashion₹59.68-75.30%
Jubilant Foodworks₹477.3-19.77%
SBI Cards and Payment₹693-14.70%
Lodha Developers₹850.4-20.94%
Mahanagar Gas₹1,015.1-18.65%
Chalet Hotels₹727-7.90%
Sapphire Foods India₹173.5-48.39%
*1-year return as per NSE website
To add Upstox News as your preferred source on Google, click here.

About The Author

Upstox logo
Sreenivas Ajankar is a Deputy Editor at Upstox and has over nine years of experience in capital markets. His areas of expertise include equity research, analysis and business valuation.

Next Story