Dalal Street Crashed Today: How Trump's Iran Remarks And Oil Surge Spooked Investors

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Investor wealth eroded by nearly ₹10 lakh crore as rising crude oil prices, geopolitical tensions and weak global cues triggered broad-based selling

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Dalal Street Crashed Today: How Trump's Iran Remarks And Oil Surge Spooked Investors Photo: File image
Summary of this article

Indian benchmark indices suffered their steepest decline in weeks on Wednesday, with the Sensex plunging 1,677 points and the Nifty slipping below the 23,900 mark as surging crude oil prices, escalating tensions in the Middle East and weak global cues sparked a broad-based selloff across sectors.

The Sensex ended 1,677.12 points, or 2.15%, lower at 76,503.60, while the Nifty 50 dropped 516.65 points, or 2.12%, to close at 23,882.05.

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