Signal Desk · Markets

Nifty falls over 12% in 2026 as ITC, RIL and HDFC Bank lag

2026-10-30 · 1 source · Economic Times Markets

In short

The Nifty 50 fell more than 12% in 2026, and 34 of its 50 stocks were down by as much as 34%. ITC, Reliance Industries and HDFC Bank were among the biggest losers.

Analysts said foreign investors were selling and earnings expectations were cautious. Investors are now weighing whether to buy the dip or wait for a recovery.

What the reporting says

The Nifty 50 fell more than 12% in 2026, with ITC, Reliance Industries and HDFC Bank among the top laggards. The publisher summary says 34 of the 50 stocks dropped by as much as 34%, and analysts linked the sell-off to foreign institutional investor exits and a cautious earnings outlook. The immediate question is whether beaten-down stocks now offer value or if more downside remains.

Why it matters

The Nifty 50 fell more than 12% in 2026, with ITC, Reliance Industries and HDFC Bank among the biggest laggards. The publisher summary says 34 of 50 stocks dropped by as much as 34%, and points to foreign institutional investor exits and a cautious earnings view. The market impact is bearish in the near term, but the summary also says lower valuations may interest long-term buyers.

Touches: ITC, Reliance Industries, HDFC Bank, Markets, Companies

Sources