Indian stock markets crashed on April 2, 2026, with the Sensex falling over 1,500 points and Nifty dropping 2 per cent after US President Donald Trump's warning of intensified attacks on Iran
The BSE Sensex made an intraday low of 71,774.13, down 1,809 points, or 2.46 per cent, while the Nifty index dipped 535 points, or 2.34 per cent, to hit a low of 22,283.85.
Stock Market crash today: Sensex and Nifty 50 snapped their two-day gaining streak on Friday after US President Donald Trump extended his deadline for Iran to reopen the Strait of Hormuz to April 6
Today's selling erased more than ₹7 trillion from the Street. The total market capitalisation of all the BSE-listed companies stood at ₹421.37 trillion, down from Friday's m-cap of ₹428.76 trillion
Investor sentiments continued to be in a risk-off mood after Iran widened its warnings to target buyers of US Treasury bonds, as the Trump administration's 48-hour ultimatum neared expiry
The downward movement in the market was reflected in market breadth, as the BSE advance-decline ratio stood at 1:6.6, meaning only one stock gained for every seven weak counters
Indian equities tumble as crude oil prices spike amid West Asia tensions, fuelling fears of inflation and slowing growth, with indices logging their sharpest fall in nearly two years
Nifty fall today:On a year-to-date basis, the Nifty has shed nearly 11 per cent, with near 7 per cent of the fall coming this March amid the US-Iran war. Analysts fear further downside for the market.
Banking stocks witnessed a sharp decline today as West Asia conflict raised oil-linked inflation risks. Nifty Bank index fell 1.8 per cent on the NSE led by Axis Bank, HDFC Bank, and ICICI Bank
Stock market crash: India VIX, the fear gauge index, spiked nearly 9 per cent to go past 20, indicating elevated uncertainty among traders and investors
Holdings in SBI, ICICI Bank and HDFC Bank accounted for more than one-fifth of the losses for Life Insurance Corporation of India; while L&T alone created a 11 per cent dent, shows ACE Equity data.