politics
3/23/2026
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Indian Markets Plunge as US-Iran Conflict Fuels Global Sell-off

Indian Markets Plunge as US-Iran Conflict Fuels Global Sell-off
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Indian equity markets suffered a severe rout on Monday, March 23, with benchmark indices plummeting amid a broad-based global sell-off. The S&P BSE Sensex crashed over 1,900 points, or approximately 2.6%, to settle around 72,609, while the NSE Nifty 50 slumped more than 625 points to slip below the 22,500 mark. The sell-off was not confined to large caps; mid-cap and small-cap indices witnessed even steeper declines of around 4%. The collective market carnage wiped out an estimated ₹11 to ₹15 lakh crore in investor wealth, reducing the total market capitalisation of BSE-listed firms significantly. The primary trigger for the panic selling was the intensifying geopolitical conflict between the US and Iran, now in its fourth week. The tensions have kept global oil markets on edge, pushing Brent crude prices to around $113 per barrel. As one of the world's largest oil importers, India is particularly vulnerable to such spikes, which stoke inflation fears, widen the trade deficit, and pressure the rupee. These macro-economic concerns overshadowed the market, leading to a risk-off sentiment among both domestic and foreign investors. The negative cues were reinforced by weak global markets and a sharp downturn in Gift Nifty futures, which indicated a gap-down opening for Indian indices. While some reports noted a brief recovery attempt later in the week, the overarching narrative remained dominated by the Strait of Hormuz crisis and its implications for oil prices and global stability. The sell-off was comprehensive, affecting all major sectors, with financials bearing a significant brunt. Analysts described the downturn as a reaction to compounded global risks rather than domestic factors. The event underscores the heightened sensitivity of emerging markets like India to external geopolitical shocks and commodity price volatility. Investors are advised to exercise caution and focus on long-term fundamentals amid the heightened volatility, as markets are likely to remain reactive to developments in the Middle East and subsequent movements in crude oil prices.

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Sources

Sensex crashes 1,900 points: Why is stock market down today and what can investors do? - India Today

www.indiatoday.in
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As of 1:10 pm, the S&P BSE Sensex was down 1,923.51 points at 72,609.45, while the NSE Nifty50 slipped 625.70 points to 22,488.80. Both indices were down around 2.6–2.7%, reflecting broad-based selling across sectors.

Stock Market Today: Sensex Crashes Over 1,400 Points, Nifty Slips Below 23,000 Amid Global Sell-Off | LatestLY

www.latestly.com
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Indian stock markets opened sharply lower on March 23, with the Sensex falling over 1,400 points and the Nifty slipping below 23,000 for the first time since April 2025. Weak global cues triggered broad-based selling, with all sectors and most stocks trading in the red.

Explained: Why is stock market falling today? Sensex crashes 2,000 points, investors lose ₹15 lakh crore | Stock Market News

www.livemint.com
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The Sensex and the Nifty 50 plunged over 2% each, while the BSE 150 Midcap and the BSE 250 Smallcap indices crashed 4% each. Investors lost about ₹15 lakh crore as the overall market capitalisation of BSE-listed firms dropped to ₹414 lakh crore.

Why stock market is falling today?: Rs 13 lakh cr wiped out as Sensex sinks 1,900 pts, Nifty below 22,500; 7 triggers behind today's market crash - The Economic Times

m.economictimes.com
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Why stock market is falling today?why stock market is down todaysensexsensex crashnifty 50nifty 50 crashstock market crashstock market crash todayshare market todayshare market crash today · (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on ...

Why is stock market down today? Rs 11 lakh crore wiped out! BSE Sensex crashes over 1,800 points - top reasons for fall - The Times of India

timesofindia.indiatimes.com
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Why is stock market down today? Rs 11 lakh crore wiped out! BSE Sensex crashes over 1,800 points - top reasons for fall ... Stock market crash today: Nifty50 and BSE Sensex plunged in trade on Monday with oil prices continuing to remain high amid the ongoing US-Iran war.

New day, new Sensex-Nifty crash as Strait of Hormuz donnybrook intensifies- The Week

www.theweek.in
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By 10.30 am, the Sensex had hit a low of 72,690.52 while the Nifty hit a bottom of 22,529.05 points. The US-Iran conflict, now in its fourth week, kept global oil markets on edge. Brent crude climbed to around $113 per barrel, which added pressure on India, one of the world's largest oil importers. These mutual fund schemes, AMCs are worst hit by high exposure to HDFC Bank as stock crashes ...

India news: Stocks open higher after massive sell-off

www.dw.com
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Indian households and businesses widely use LPG as cooking gas. India's stock market opened on a positive note on Friday after a massive tumble on Thursday that wiped billions of investor wealth from the market.

Sensex crashes 1,500 points: Why is stock market down today and what can investors do? - India Today

www.indiatoday.in
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As of 9:55 am, the S&P BSE Sensex was down 1,509.35 points at 73,023.61, while the NSE Nifty50 slipped 480.30 points to 22,634.20. Both indices were down around 2%, reflecting broad-based selling across sectors.

Indian stock market: 10 things that changed for market over weekend - Gift Nifty, Nikkei, Nasdaq slump to US-Iran war | Stock Market News

www.livemint.com
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Gift Nifty was trading around 22,808 level, a discount of nearly 332 points from the Nifty futures’ previous close, indicating a gap-down start for the Indian stock market indices.

Stock Market Crash: Rs 13 Lakh Crore Gone; What Triggered Today’s Wealth Wipeout Amid Iran War? | Times Now

www.timesnownews.com
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Indian benchmark equities experienced a sharp selloff on Monday, March 23, with benchmark indices plunging amid rising global and domestic concerns. The Sensex dropped over 1,800 points, while the Nifty 50 slipped below the key 22,550 mark, reflecting heightened investor anxiety.

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