Bloodbath on Dalal Street! Sensex, Nifty50 tank 2% - top reasons for sharp fall
AI Summary
Indian stock indices Sensex and Nifty50 dropped sharply by 2% amid selling pressure driven by US President Donald Trump's statement that the interim agreement with Iran has ended. This sparked concerns about conflict escalation in the Middle East affecting markets.
Stock market crash: Selling pressure gathered pace during the second half of the session after US President Donald Trump declared that the interim agreement with Iran to end the conflict was "over," reigniting fears of further escalation in the Middle East.