Sensex crashes 1,700 points, investors lose ₹8 lakh crore— US-Iran war, crude shock, other key factors explained

Stock market crash today: It was a bloodbath on Dalal Street on Wednesday morning, as the Indian stock market suffered sharp losses in morning trade on March 4, as investors continued to dump risk assets amid the ongoing US-Iran war, which shows no signs of easing.

The conflict in West Asia has pushed crude oil prices significantly higher, stoking fresh inflation concerns and dealing a strong blow to expectations of near-term rate cuts by the US Federal Reserve and the Reserve Bank of India.

(This is a developing story. Please check back for fresh updates.)

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