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Sensex Crash Today LIVE: Bloodbath on D-Street! Sensex Down 1900 Points; PSU Bank Index Crashes 5%

The BSE Sensex fell 1,862 points at open due to crude oil prices exceeding $100 amid US-Israel-Iran conflict and foreign investors selling Rs 6,030 crore in equities.

  • On Monday, March 9, 2026, the BSE Sensex opened down 1,862.15 points at 77,056.75 and the NSE Nifty 50 shed 582.4 points to 23,868.05 as crude oil crossed USD 100 per barrel amid the US‑Israeli war with Iran.
  • The conflict escalated after joint attacks by Israel and the United States and Tehran's retaliatory strikes, leading to disruptions at the Strait of Hormuz and major suppliers halting production, tightening oil supply.
  • India VIX spiked more than 21 per cent early on Monday, while Foreign Institutional Investors sold Rs 6,030.38 crore and Domestic Institutional Investors bought Rs 6,971.51 crore; the rupee weakened around 47 paise to about 92.20–92.32 against the US dollar.
  • Benchmark indices plunged about 3%, wiping out over 12 lakh crore in investor wealth as the automobile sector, financial services sector, and public-sector banks fell sharply, with IndiGo down 7%, L&T losing 5%, and public banks down over 5%.
  • On Monday, March 9, 2026, Dr VK Vijaykumar warned 'Brent crude has spiked above USD 115, delivering a big oil shock to economies and markets. Inflation will certainly move up whether the oil price hike is passed on to consumers or not.' The Nifty may slide toward 22,000 or 19,000 if support levels are breached.
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Moneycontrol broke the news in India on Monday, March 9, 2026.
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