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3 min read | Updated on October 07, 2026, 14:21 IST
SUMMARY
NIFTY and SENSEX witnessed a strong sell-off today after RBI hiked repo rate by 25 bps to 5.5% for the first time in nearly 4 years. Several prominent stocks like Tata Power, Mahindra & Mahindra, Muthoot Finance, IREDA, IRFC and others hit their 52-week low today
Stock list

Rate sensitive sectors like real estate, automobiles, NBFCs were trading under pressure after RBI rate hike.
NIFTY50 and SENSEX witnessed a sharp fall on Wednesday, October 7, 2026. Both benchmark indices traded nearly 1% lower on an intraday basis.
As of 2:00 pm, the NIFTY50 index is trading 175 points or 0.7% lower at 22,600, with a day low of 22,552. Meanwhile, BSE SENSEX is down 432 points or 0.5% lower at 72,634. SENSEX hit a day low of 72,488 today. Among the NIFTY50 stocks, Titan (-3.8%), Shriram Finance (-3.0%) and Adani Enterprises (-3.0%) were the top three losers.
Broader market indices are trading mixed, NIFTY Midcap100 (-0.7%) and NIFTY Smallcap100 (+0.2%). Around 105 stocks hit their 52-week low today as investors turn cautious after RBI raised the repo rate by 25 basis points to 5.50%, shifting to a calibrated tightening stance and worrying investors about tighter liquidity
The volatility index, or India VIX, is up 2.5% to 13.9. Except for NIFTY Media (+0.9%) and NIFTY PSU Bank (+0.4%), all other sectoral indices are trading in the red, with NIFTY Metal (-2.1%), NIFTY Realty (-1.5%) and NIFTY Auto (-1.4%) being the top sectoral losers.
NIFTY50 and SENSEX are trading lower after witnessing positive momentum in the last two trading sessions after the Reserve Bank of India raised repo rates by 25 basis points to 5.5%, for the first time since February 2023. RBI hiked key policy rates following interest rate hikes by some central banks, including the US Federal Reserve.
The decision was in line with broader expectations as the annual inflation rate rose to 4.82% in August 2026, marking the highest level since December 2024 and rising above the RBI's 4% target for the third consecutive month. The Middle East conflict and oil price uncertainty has fueled inflationary pressures across the globe.
Rate sensitive sectors like real estate, automobiles, NBFCs were trading under pressure after RBI rate hike, with NIFTY Realty and NIFTY Auto sectoral indices among top losers.
Besides this, Brent crude oil prices climbed above the $100 per barrel once again amid supply concerns linked to the US-Iran war and storm affecting US oil production. Consistent FIIs selling and weaker Indian rupee also made investor sentiment weak.
| Stock | 52-week low | 1-year return* |
|---|---|---|
| Tata Power | ₹341 | -12.2% |
| Mahindra & Mahindra | ₹2,803.8 | -19.5% |
| Max Healthcare | ₹891.6 | -20.1% |
| SBI Cards and Payment | ₹555.6 | -38.5% |
| Aditya Birla Real Estate | ₹1,052.1 | -34.5% |
| Muthoot Finance | ₹2,641 | -18.1% |
| IREDA | ₹107.1 | -29.3% |
| IRFC | ₹76.04 | -39.9% |
| National Securities Depository | ₹740 | -37.9% |
| IRFC | ₹76.04 | -39.9% |
| ACC Limited | ₹1,160.1 | -37.4% |
| Ambuja Cements | ₹352.4 | -37.8% |
| Inox Wind | ₹66.73 | -51.8% |
| Canara Bank | ₹116.5 | -7.2% |
*1-year return as per NSE website
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