By:- B.T Team
Image Credit:- Google
The Sensex fell sharply by over 800 points, with Nifty50 dipping below 25,650.
Sensex Today: Major Slump in Market
At 9:24 AM IST, Nifty50 was down 0.97%, while Sensex slipped around 1% to 83,456.
Nifty and Sensex Drop
Sector-Wise Declines
Twelve out of 13 major sectors opened in the red, led by real estate and auto stocks.
Stock Highlights
Reliance Power and Reliance Infra shares surged up to 5%, despite the market downturn.
India VIX, the volatility index, spiked by over 5%, indicating heightened market uncertainty.
Volatility Index Soars
Sensex Slumps 900 Points
The Sensex dropped 900 points right at the open, pushing Nifty50 below 25,550.
Expert’s Take
Dr. V K Vijayakumar, Chief Strategist at Geojit, notes the bull market is resilient, climbing despite rising global worries.
Middle East Tensions
Ongoing conflict in the Middle East, especially between Israel and Iran, raises investor concerns.
If Israel attacks Iran’s oil infrastructure, crude oil prices could surge dramatically.
What’s Next?
Markets remain volatile as global events unfold—investors are advised to stay cautious.