Unpacking the Triggers: Why ₹11 Lakh Crore Vanished from the Stock Market on Wednesday

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

₹11 Lakh Crore Wiped Out: West Asia Conflict Triggers Stock Market Crash

Indian equities have seen a sharp drop on Wednesday as the conflict in West Asia shows no signs of de-escalation even on the fifth day. The Nifty is down over 500 points in early trading resulting in investor wealth worth over ₹11 lakh crore being wiped out in just the first 10 minutes of the session. Here are the key triggers behind today's fall:

C

CNBC TV18•04-03-2026, 09:43

₹11 Lakh Crore Wiped Out: West Asia Conflict Triggers Stock Market Crash

•Indian equities plunged Wednesday, wiping out ₹11 lakh crore investor wealth as Nifty dropped over 500 points.
•The ongoing West Asia conflict is the primary trigger, causing oil prices to surge and impacting gas security.
•Rupee hit a record low of 92.17 against the US Dollar; RBI intervened by selling greenbacks to support the currency.
•Stocks with Middle East exposure like Larsen & Toubro saw significant selling pressure, falling 7%.
•Defence, IT, and select Pharma sectors showed resilience, trading with gains amidst the market downturn.

Read Full Article on Cnbc in English

✦

More like this

✦

More like this

People watch a large screen displaying India's benchmark share index on the facade of the Bombay Stock Exchange (BSE) building in Mumbai October 16, 2014. Indian shares fell for a second consecutive session on Thursday, as companies seen most exposed to the global economy such as Hindalco Industries and Sesa Sterlite declined tracking a downturn in global markets. REUTERS/Shailesh Andrade (INDIA - Tags: BUSINESS)

IT Carnage: ₹3 Lakh Cr Wiped Out, Sensex & Nifty Plunge Amid Global Jitters

Global Markets Drenched in Red: Nifty Could Plunge to 23,000 Amid US-Iran Tensions

Gold Plummets 5.5% on Tuesday: Strong Dollar, Oil Surge, Bond Yields & Dow Drop Blamed

Gold Plummets 5.5% on Tuesday: Strong Dollar, Oil Surge, Bond Yields & Dow Drop Blamed

Representational image (Image: News18)

IT Sector Plunge Drags Indian Stocks Down Amid AI Disruption Fears

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Sept. 22, 2025. Wall Street traders left stocks hovering near all-time highs amid calls for a break after a $15 trillion rally from April lows, with traders awaiting a handful of Federal Reserve speakers and a key inflation measure. Photographer: Michael Nagle/Bloomberg

US Stocks Slip as Oil Nears Mid-$80s Amid Escalating West Asia War, Fed Rate Cut Doubts

Markets in red, shares decline, stocks fall decline, stocks in red Stocks, Shares, Equity

Sensex Plunges 1,000+ Points Amid US-Iran Tensions; Nifty Dips Below 24,900