Home / Business / Business News / Article / Sensex falls nearly 700 points, Nifty slips below 22,600 despite Jio's strong market debut

Sensex falls nearly 700 points, Nifty slips below 22,600 despite Jio's strong market debut

Updated On: 28 October, 2026 11:05 AM IST | Mumbai | mid-day online correspondent

Indian equity markets opened sharply lower on Wednesday, with the Sensex falling 691.02 points to 72,907.65 and the Nifty slipping 183.30 points below 22,600. Rising crude oil prices and persistent FPI selling weighed on sentiment despite Jio Platforms listing at a 21.35 per cent premium

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Representational image

With Jio shares listed at a 21.35 per cent premium on Wednesday, October 28, Indian equity markets opened sharply lower. 

As per ANI, Sensex fell nearly 700 points, and Nifty slipped below 22,600, amid rising crude oil prices and persistent foreign portfolio investor (FPI) selling weighing on sentiment, according to market experts.

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