Stock Market Crashes, Billions Wiped Out; Gold, Silver Soar to Record Highs

• Indian stock market experienced a 'Black Wednesday' with Sensex plummeting by nearly 1000 points and Nifty falling by 285 points.
• The Indian Rupee hit an all-time low of 91.28 against the dollar, weakened by foreign investor fund withdrawals.
• Foreign institutional investors have withdrawn ₹32,253 crore from the Indian market in January.
• Global market fear is fueled by potential US-Europe 'Trade War' and disappointing December quarter results, especially in IT and banking.
• Investors are shifting to gold and silver as safe havens, with silver crossing ₹3 lakh/kg and gold prices soaring.

Why It Matters: Indian stock market crashed due to global fears and FII exits, driving investors to record-high gold and silver.