Sensex crashes suddenly due to crude oil shock

Global crude oil prices witnessed a sharp rise once again amid heightened geopolitical and economic concerns. Reports indicate that former U.S. President Donald Trump rejected recent proposals from Iran, further escalating market uncertainty. The development, combined with continuous selling by foreign institutional investors, triggered a major sell-off in equity markets.

India’s benchmark indices came under severe pressure, with the BSE Sensex crashing by 1,313 points. The Nifty 50 also lost 360 points in a single trading session. As a result, investors reportedly lost nearly ₹6 lakh crore in market capitalization, reflecting widespread panic and heavy volatility across financial markets.