Sensex, Nifty Crash: 5 Key Reasons Today

Indian benchmark indices Sensex and Nifty plunge sharply at open, with Sensex tanking over 2,000 points and Nifty dropping below the key 24,000 mark. The rout mirrors global market weakness fueled by escalating Iran war tensions, as Brent crude surges past $105 a barrel - up 18% - sparking fears of Strait of Hormuz closure. GIFT Nifty slumps 2.3% to 23,761, signaling a 700-800 point gap-down, while banking heavyweights like HDFC, ICICI, SBI drag indices lower. Read more about this...