Sensex Today | Stock Market crash LIVE Updates: Spiking global oil prices and escalating global tensions rattled the market for the second consecutive day. During the session, the BSE Sensex plunged 829.29 points to close at 76,034.42, while the Nifty 50 dropped 227.70 points to settle at 23,639.15. The Indian stock market is likely to witness a volatile session today after a sharp sell-off in the previous trading day. On Wednesday, benchmark indices such as the BSE Sensex and Nifty 50 came under heavy pressure, with the Sensex plunging over 1,300 points and the Nifty slipping below the 23,900 mark on March 11. Persistent global uncertainties and rising commodity prices continue to cloud market sentiment.

Stock Market News: Why Stock Market Crash Today

One of the key factors influencing the market right now is the growing geopolitical tension in West Asia involving Iran, Israel, and the United States. The conflict has pushed global crude oil prices higher, sending shock waves through the global economy. Crude oil prices rallied strongly in the previous session, settling 9.24% higher at 8,107, as supply concerns intensified amid the ongoing conflict involving the United States, Israel, and Iran. The war has badly disrupted supply flows from the Gulf region, tightening the global oil market and supporting prices. According to the U.S. Energy Information Administration, Brent crude could remain above USD 95 per barrel over the next two months if tensions in the Middle East continue.

Another factor adding to the market’s weakness is the continued selling by Foreign Institutional Investors (FIIs). Overseas investors have been reducing their exposure to Indian equities amid global uncertainty and rising risk aversion. Since FIIs hold significant stakes in many large-cap companies, their selling can quickly drag down the broader indices. The steady outflow of foreign funds has therefore played a major role in deepening the recent market decline.

Stock Market News: Major Stock Impact

The ongoing West Asian war is making the Indian indices volatile and affecting investor sentiment. Investors are particularly concerned about the impact of geopolitical tensions in the Gulf region, which have created a “risk-off” environment and triggered consistent selling by Foreign Institutional Investors (FIIs). As a result, heavyweights in the banking, automobile, and consumer durables sectors are leading the decline, as rising input costs and energy supply constraints continue to dampen corporate earnings expectations.