Stock Market Crashes Today Live Updates: BSE Sensex tumbles over 600 points, Nifty50 below 22,650 after hitti

Asian stocks mostly fall In Asian markets, South Korea’s KOSPI, Japan's Nikkei 225 index and Hong Kong's Hang Seng index traded lower, while Shanghai's SSE Composite index quoted marginally higher. .Bajaj Finance, HDFC Bank among laggards on Sensex Among the 30 Sensex firms, Bajaj Finance, HDFC Bank, Kotak Mahindra Bank, Reliance Industries, Asian Paints and Infosys were among the major laggards. Sun Pharma, InterGlobe Aviation and Adani Ports were among the gainers..Sensex falls 598 points The BSE Sensex fell 597.84 points, or 0.82%, to 72,173.88 in late morning trade at 10.30 am..Stock Market today: Why is the market crashing? Oil prices remain a key factor weighing on Indian benchmark indices. Crude prices rose for a second consecutive session on Tuesday as concerns over potential disruptions to Middle East supplies due to the US-Iran conflict outweighed signs of recovering crude exports from the region. Disruptions in the Strait of Hormuz have also continued for the seventh consecutive month, while a stalemate in US-Iran peace talks has added to supply concerns. Earlier, US President Donald Trump rejected an Iranian proposal to reopen the Strait of Hormuz and end the conflict. Analysts said the surge in crude prices following the US-Iran stalemate, along with continued foreign fund outflows, a spike in US bond yields and weak Asian markets, triggered broad-based selling. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,693.93 crore on Friday, according to exchange data, adding to the pressure on domestic markets..Nifty trades below 22,600 in early trade The Nifty 50 fell 200.35 points, or 0.88%, to 22,579.90 in early trade..Rupee falls 16 paise to 96.13 against US dollar in early trade The rupee depreciated 16 paise and slumped below the psychologically important 96 per dollar level in early trade on Tuesday weighed down by elevated crude oil prices and persistent foreign fund outflows. Forex traders said the rupee is under pressure largely due to the combination of firm oil and rising US nominal and real yields, which together are drawing portfolio flows out of emerging markets, including India. At the interbank foreign exchange market, the rupee opened at 96.03, then fell to 96.13 against the US dollar, registering a fall of 16 paise from its previous close. On Monday, the rupee had settled at 95.97 against the American currency..Stock market today: Sensex tumbles 673 points, trades below 72,100 in early trade .Stock market today: Nifty trades below 22,650 The Nifty 50 fell 143.80 points, or 0.63%, to 22,636.45 in early trade..Stock market today: Sensex falls 526 points The BSE Sensex fell 525.91 points, or 0.72%, to 72,245.81 in early trade..Opening bell: Sensex falls 250 points, Nifty trades below 22,750 BSE Sensex fell 250.29 points, or 0.34%, to 72,521.43 in early trade on Tuesday. The Nifty 50 declined 58.40 points, or 0.26%, to 22,721.85..Oil prices today: Brent Crude rises for second session as US-Iran conflict fuels supply concerns Oil prices rose for a second consecutive session on Tuesday as concerns over potential disruptions to Middle East supplies due to the US-Iran conflict outweighed signs of recovering crude exports from the region.At 8:28 am IST, Brent crude was trading at $106.86 a barrel, up $1.58, or 1.50%, while WTI crude was at $93.86 a barrel, higher by $1.26, or 1.36%..Rupee falls 16 paise to 96.13 against US dollar in early trade .Gold steadies near seven-week low as rate concerns weigh on prices Gold steadied on Tuesday but remained near a more than seven-week low as concerns that the US Federal Reserve could keep interest rates higher for longer weighed on the precious metal. Investors also awaited a series of US economic data for clues on the interest-rate outlook. Spot gold was little changed at $4,124.57 per ounce as of 0140 GMT, after touching its lowest level since August 5 in the previous session. US gold futures fell 0.3% to $4,156.70..Market to open near six-month lows as oil prices rise Indian shares are likely to open little changed on Tuesday, after sliding to near six-month lows in the previous session, as oil prices extended their rise on continued Middle East supply worries due to the US-Iran conflict..Stock market crash today: BSE Sensex crashes over 1,100 points, investors lose Rs 8.92 lakh crore - top reasons for fall BSE Sensex and Nifty50, the Indian equity benchmarks tanked in morning trade on Monday as persistently high crude oil prices and a spike in US bond yields added to investors’ woes. Both indices crashed over 1% amid the intensifying Iran-US conflict. While Sensex crashed over 1,100 points, Nifty50 went below 22,800. BSE Sensex ended the day at 72,771.72, down 1,124 points or 1.52%. Nifty50 closed at 22,780.25, down 360 points or 1.56%.The selloff also erased nearly Rs 8.92 lakh crore from the combined market capitalisation of BSE-listed companies, taking it down to around Rs 474 lakh crore.