Sensex Plunges Over 1,100 Points; Nifty Falls Below 23,800 Amid Global Uncertainty

Indian stock markets witnessed a sharp fall as Sensex dropped over 1,100 points and Nifty slipped below 23,800 due to geopolitical tensions, rising oil prices, and FII selling.

Sensex Plunges Over 1,100 Points; Nifty Falls Below 23,800 Amid Global Uncertainty

Indian stock markets witnessed a sharp decline today, with the BSE Sensex plunging over 1,100 points and the NSE Nifty 50 slipping below the 23,800 mark, reflecting a broadly negative sentiment across sectors.

The fall was primarily driven by rising geopolitical tensions, a surge in global crude oil prices, and continued selling by foreign institutional investors (FIIs), which triggered widespread panic selling on Dalal Street.

Most sectoral indices traded in the red, indicating broad-based weakness across the market. However, some stocks such as Bajaj Finance showed relative resilience amid the downturn.

Market experts note that despite today’s steep correction, the overall trend for April remains positive, supported by strong corporate earnings and steady investor participation.

However, in the near term, volatility is expected to persist due to ongoing global uncertainties, fluctuating oil prices, and cautious investor sentiment.