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Sensex Sinks 516 Points as Nifty Closes Below 24200 on Iran US Tensions and Smallcaps Rally
Economy
Published on 8 May 2026
Smallcaps defied the panic while majors fell
Indian markets logged a second straight session of losses as fresh Iran US escalations weighed on sentiment. The Sensex fell 516 points to 77,328, while the Nifty 50 dropped 150 points to 24,176, both ending over 0.6% lower. But smallcaps stood out, closing in the green and outperforming the benchmarks despite the broader slide.
- Sensex ended down 516 points at 77,328
- Nifty 50 closed below 24,200 at 24,176
- Iran US tensions drove risk-off sentiment
- Smallcaps outperformed and finished higher
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times