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Stock Market Faces Another Black Monday: Sensex, Nifty Plummet Amid Global Tensions
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Black Monday: Sensex, Nifty Plunge Amid Geopolitical Tensions & Crude Oil Surge
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News18
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09-03-2026, 10:18
Black Monday: Sensex, Nifty Plunge Amid Geopolitical Tensions & Crude Oil Surge
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Indian stock market experienced a massive fall on Monday, dubbed "Black Monday," due to escalating global geopolitical tensions.
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Sensex plunged over 2,200 points, Nifty50 dropped nearly 700 points, and Bank Nifty fell by 3.93%.
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The primary trigger was the intensified Iran-America-Israel conflict, leading to increased investor fear and extensive selling.
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Crude oil prices surged dramatically, with Brent Crude exceeding $115/barrel, raising inflation concerns for oil-importing nations like India.
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The Indian Rupee depreciated to a new all-time low of 92.22 against the US Dollar, and the India VIX surged by 21.6%.
Read Full Article on News18 in Telugu
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