$533 Billion Wiped Out So Far In 2026 As India’s Market Cap Sees Worst Drop In 15 Years

Market cap wiped out from Indian equities this year exceeds the entire stock market value of Mexico, Malaysia, South Africa and Vietnam. Indian equities have seen a sharp correction in 2026 so far, with rising volatility and global uncertainties eroding substantial market value and marking the steepest decline in about 15 years. India’s total market capitalisation (mcap) has dropped by more than $533 billion in 2026, the biggest fall since 2011, when Indian markets lost around $625 billion over the entire year. The scale of the decline is notable. The market value erased from Indian equities this year alone exceeds…