India, July 8 -- The benchmark BSE Sensex crashed by 1800 points on Wednesday after US President Donald Trump hinted at the resumption of the war with Iran.

Sensex crashed 1,677.12 points, or 2.15 per cent, to 76,503.60, while Nifty plummeted 516.65 points, or 2.12 per cent, to 23,882.05. These are the biggest percentage drops for the benchmarks in more than two months.

The sharp drop in the stock market came after US President Donald Trump on Wednesday said the ceasefire with Iran was "over" as fighting flared between Tehran and Washington.

US launched strikes on Iran on Tuesday and cited Iranian attacks on ships in the vital Strait of Hormuz as the reason for it. The strategic shipping route remains a flashpoint in the conflict, whic...