Why Stock Market Falling Today? Sensex Plunges 800 Points as IT Stocks Tumble | June 19, 2026

Written by: Team Angel OneUpdated on: 29 Jun 2026, 11:42 pm IST

Sensex slumps by 800 points; IT stock sell-off and weak global cues impact market sentiment.

On June 19, 2026, the Indian stock markets witnessed a sharp decline as the Sensex fell by over 800 points.

As per news reports, this downturn was attributed to a sell-off in IT stocks, weak global cues, and foreign institutional investor (FII) selling, which collectively impacted investor confidence and halted a 5-day rally.

Major IT Stock Selloff Impacting Market

The Indian stock market saw heavy selling pressure, particularly in IT stocks. Prominent companies like Infosys, TCS, HCL Tech, and Tech Mahindra saw significant declines, dropping by 6-8%.

This was driven by Accenture revising its FY26 revenue growth guidance downwards, which raised concerns regarding reduced discretionary spending in the IT sector. These IT firms are majorly reliant on the US economy, contributing to investor anxiety.

Role of Foreign Institutional Investors in Market Movement

FIIs turned net sellers, selling ₹1,025 crore worth of shares after being net buyers for 3 consecutive sessions.

However, the selling from FIIs was less aggressive compared to their previous activities. Despite this, their net selling added to the market's negative sentiment.

Weak Global Cues and Global Market Reactions

Asian markets like South Korea's Kospi and Hong Kong's Hang Seng fell by nearly 2%.

The softer outlook of global markets, together with ongoing Middle Eastern geopolitical tensions mentioned by US officials, further affected market dynamics.

Conclusion

The Sensex plunged by over 800 points, while the Nifty dropped more than 200 points. The selloff was driven by a decline of 6-8% in major IT companies` stocks, net selling by FIIs worth ₹1,025 crore, and weak global market cues, punctuating a halt to a 5-day market upswing.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks; read all related documents carefully before investing.

Published on: Jun 19, 2026, 1:14 PM IST

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