Sensex Plunges Over 1,900 Points; Investors Lose More Than ₹9 Lakh Crore

India’s stock market witnessed a sharp sell-off on Wednesday, with benchmark indices tumbling soon after trading began. Within the first 30 minutes of the session, the BSE Sensex plunged more than 1,900 points, while the NSE Nifty 50 dropped over 550 points, triggering panic among investors.

The steep decline wiped out more than ₹9 lakh crore in investor wealth as markets reacted to rising geopolitical tensions following US President Donald Trump’s remarks on Iran.

Markets Open Weak and Extend Losses

The market opened on a negative note and remained under pressure throughout the trading session.

The Sensex, which had closed at 78,180 on Tuesday, opened at 77,816 before falling to an intraday low of 76,277, down over 1,900 points. It eventually settled at 76,503, ending the day with a loss of 1,677 points.

Similarly, the Nifty 50, which had closed at 24,398 in the previous session, opened at 24,259 and slipped to an intraday low of 23,845. The index finally closed at 23,882, registering a steep decline.

Selling pressure was witnessed across large-cap, mid-cap and small-cap stocks, indicating broad-based weakness in the market.

Trump’s Iran Remarks Shake Global Markets

Market sentiment turned negative after US President Donald Trump reportedly ruled out any possibility of a deal with Iran and issued a strong warning regarding the country’s nuclear programme. The comments heightened fears of fresh geopolitical tensions in the Middle East, prompting investors to move away from riskier assets.

Crude Oil Prices Surge

The uncertainty also pushed global crude oil prices sharply higher.

Brent crude climbed around 6.5% to nearly $79 per barrel, raising concerns over inflation and higher input costs for oil-importing countries such as India. Rising crude prices typically weigh on equities, especially sectors dependent on fuel imports.

Analysts said the combination of geopolitical uncertainty, rising oil prices and weak global sentiment contributed to Wednesday’s sharp correction in Indian equity markets.

The post Stock Market Crashes as Trump’s Iran Warning Triggers Global Sell-Off appeared first on Odisha Connect.