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Sensex crashes 1,800 points as Israel-Iran war rages on, Rupee plunges to record low

Sensex crashes 1,800 points as Israel-Iran war rages on, Rupee plunges to record low

Gurpreet Singh :- Sentiment on Dalal Street turned negative on Monday as rising tensions in West Asia and a sharp jump in oil prices sparked widespread selling.  The S&P BSE Sensex tumbled 1,822.25 points to 72,710.71, while the NSE Nifty50 declined 533.30 points to 22,581.20 by 10:30 am, indicating losses across most sectors. Now in its fourth week, the conflict has escalated further with fresh concerns surrounding the Strait of Hormuz—a key oil shipping route—fueling fears of supply disruptions and a prolonged energy crisis. Crude oil prices have climbed past $110 per barrel, significantly increasing costs for import-dependent nations like…
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