Why did Sensex, Nifty suddenly crash after 3 pm today: Markets bloodbath explained
Indian stock markets experienced a significant decline on Friday, with the Sensex and Nifty indices dropping sharply in the final trading hour. This sell-off was primarily driven by uncertainty surrounding a potential peace deal between the United States and Iran, as well as MSCI's index rebalancing. Concerns over elevated crude oil prices further exacerbated investor caution, leading to a negative performance for the month.
- ▪The BSE Sensex fell by 1,092.06 points, or 1.44 percent, while the NSE Nifty50 dropped by 359.40 points, or 1.5 percent.
- ▪Market breadth was weak, with 2,507 stocks declining against 1,568 advances on the BSE.
- ▪Concerns over oil prices and geopolitical uncertainty have made investors cautious on Indian equities.
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Why did Sensex, Nifty suddenly crash after 3 pm today: Markets bloodbath explainedA key trigger behind the Sensex drop was growing uncertainty over the prospects of a lasting peace arrangement between the United States and Iran.Updated on: May 29, 2026 4:02 PM ISTBy Abhimanyu KulkarniShare viaCopy link Indian stock markets witnessed a sharp sell-off on Friday, with benchmark indices plunging in the final hour of trade as investors grappled with uncertainty over a potential US-Iran peace deal, MSCI's latest index rebalancing and concerns over elevated crude oil prices.A share broker reacts as Sensex and Nifty prices plummet in Kolkata.
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