Panic in Indian Stock Market: Sensex Plunges 2,400 Points, Nifty Also Crashes, Market at 10-Month Low

(Fast Mail):--The Indian stock market witnessed a sharp decline on the first trading day of the week.

As soon as the market opened, panic gripped investors, and major indices came under heavy pressure.

The BSE Sensex opened lower at 77,056.75 compared to its previous close of 78,918.90. Within minutes of trading starting, it slipped further to around 76,424, recording a drop of more than 2,400 points.

On the other hand, the Nifty 50 also opened weak. After closing at 24,450 on the previous Friday, Nifty opened at 23,868 on Monday and fell around 700 points in a short time to near 23,697.

According to experts, several global factors are behind this decline. In particular, the escalating tensions between the US, Israel, and Iran have heightened investors' concerns.

Looking at the international situation, investors carried out large-scale selling in the market, which directly impacted the indices.

Earlier, heavy declines were also recorded on the last trading day of the previous week. On Friday, after weakness throughout the day, the Sensex closed down nearly 1,097 points, while the Nifty also slipped 315 points to close.

Due to the continuous decline, investors' worries have increased, and the market is currently experiencing a phase of volatility.

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