Indian markets start lower as Sensex slides 500 points in early session; Details here

Indian equity markets opened on a weak note as the BSE Sensex fell nearly 500 points during the pre-opening session while the Nifty 50 slipped below the 23,700 mark in early trade. Meanwhile, the Indian Rupee opened weaker at 92.28 against the US dollar compared to the previous close of 92.04.

Post Published By: Sona Saini

Updated : 12 March 2026, 9:26 AM IST

Sensex Drops 500 Points in Pre-Open Trade; Nifty Slips Below 23,700

Mumbai: The Indian stock market witnessed weakness even before the start of trading on Thursday. The BSE Sensex was trading down by nearly 500 points in the pre-opening session. The Nifty 50 also remained under pressure, slipping below the 23,700 level around 9:10 am.

Market pressure in early trading

According to experts, the Indian market is witnessing a decline due to weakness in global markets and investor caution. Selling pressure in IT, banking, and metal stocks was visible on major indices. Shares of several major companies were trading in the red in the pre-opening session.

Rupee also falls

The Indian currency also came under pressure in the foreign exchange market. The Indian rupee opened at 92.28 against the dollar on Thursday, compared to its closing level of 92.04 on Wednesday. This means the rupee has weakened slightly in early trading.