Nifty50 plunges 10.3% in 2026, HDFC Bank and Infosys drag

Business Sep 09, 2026

Nifty50 had a rough year this year, dropping 10.3%, its biggest fall since 2011.

That's about 2,700 points wiped out, and most of the damage came from just two big names: HDFC Bank and Infosys.

Nearly 60% Nifty50 stocks in red

HDFC Bank alone pulled the index down by over 1,000 points, with Infosys adding another 441 points to the dip.

Other major drags included Reliance Industries (424 points), ITC (297 points), and Tata Consultancy Services (220 points).

In total, nearly 60% of Nifty50 stocks ended up in the red.

Nifty IT drops 24%

The IT sector took a big hit too: Nifty IT dropped by 24%. Shares of Infosys and Wipro fell by over one-third each, while TCS and HCL Technologies also saw double-digit losses.

Global worries like Middle East tensions and surging oil prices added to the pressure this year.