Stock market crashes: Sensex tumbles over 1,000 points, Nifty50 trades below 23,000

Dalal Street opened the week with a significant decline as the BSE Sensex dropped by more than 500 points. This downturn was driven by investor apprehension over climbing crude oil prices and heightened geopolitical tensions in the Middle East. Concerns about India’s import bill and inflation loom large amid ongoing foreign selling.