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Stock Market Crash Today: Tensions have increased in the entire region due to Iran's attack on Israel and the Israeli army entering Lebanon. Its effect was seen on the stock market after the oil prices. On Thursday, the Indian stock market fell sharply. Sensex opened at 83,002.09 against the previous closing level of 84266.29 points and finally closed at 82,497.10 with a fall of 1769 points. On the other hand, Nifty opened at 25,452.85 against the previous closing level of 25796.6 and closed at 25,267 after slipping 530 points.
9.79 lakh crore rupees were lost
Sensex sank 1769 points. This has caused huge losses to the investors. On Tuesday, when the stock market closed, the market capital of the companies listed on BSE was Rs 4,74,86,463.65 crores. Whereas in today's trading, it has come down to Rs 4,65,07,685.08 crores. That means investors have lost more than Rs 9.79 lakh crores.
Why did the market crash (Stock Market Crash)
Israel-Iran War
Tensions in the Middle East escalated after Iran launched a barrage of nearly 200 missiles at Israel on October 1. Israel has threatened Iran with consequences for attacking it. Tehran has warned that it will launch an even bigger attack if it is targeted.
SEBI F&O Regulations
Market regulator SEBI has tightened the rules for equity derivatives trading. This has made trading in this asset class more expensive.
Crude Oil Prices
Crude oil prices rose as tensions in the Middle East grew, raising concerns that supplies from the world's biggest oil-producing region could be threatened if the conflict escalates.
Foreign investors are selling.
Foreign institutional investors (FIIs) extended their selling spree and sold shares worth Rs 5,579.35 crore on October 1, while domestic investors extended their buying spree and purchased shares worth Rs 4,609.55 crore on the same day.
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