Why did stock market crash today? Sensex ends over 700 points down, Nifty below 24,000
Indian stock markets experienced a significant selloff, with the Sensex and Nifty falling due to global tensions and new US tariff threats. Investors are reacting to the escalating US-Iran conflict and potential impacts on pharmaceutical exports.
Why it matters
The market decline reflects how geopolitical instability and protectionist trade policies directly impact emerging market valuations.
Stock market crash today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, crashed in trade on Wednesday, losing over 1% in intraday trade. Investors turned risk-averse amid the escalating US-Iran conflict, renewed tariff threats from US President Donald Trump and a combination of other global headwinds. BSE Sensex ended the day at 76,755.05, down 715 points or 0.92%. Nifty50 closed at 23,996.25, down 191 points or 0.79%.The broad-based selloff erased nearly Rs 4.25 lakh crore from the combined market capitalisation of BSE-listed companies, bringing the total valuation down to around Rs 480 lakh crore.Pharmaceutical stocks were among the biggest drags on the market after Trump announced a phased tariff framework for imported generic medicines, giving drugmakers a two-year transition period before higher duties come into force.Why did the stock market crash today?Iran-US conflict deepensThe conflict between Iran and the United States intensified further after three tankers transporting Saudi crude…
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in