Indian Stocks Crash Over 1,000 Points

Economic Times Markets · stocks

Indian equity benchmarks BSE Sensex and Nifty50 experienced a significant crash during morning trade on Monday. Both indices fell over 1% due to persistently high crude oil prices and rising US bond yields, exacerbated by the intensifying Iran-US conflict. The Sensex plunged more than 1,000 points, while the Nifty50 dropped below the 22,850 mark. This market downturn resulted in investors losing nearly ₹6 lakh crore in value within an hour.