Stock market crash, March 19 -- Fresh escalation in the Middle East conflict, a sharp jump in crude oil prices, and weak global cues triggered a sell-off in the Indian stock market on Thursday morning (March 19), causing the benchmark indices-the Sensex and the Nifty 50-to snap their three-day streak of impressive gains.
The Sensex plunged over 2,000 points, or nearly 3%, to an intraday low of 74,685, while the Nifty 50 plunged 600 points, or 2.5%, to the day's low of 23,180.95.
The BSE 150 Midcap and the BSE 250 Smallcap indices crashed up to 2%.
Investors' wealth was eroded by more than Rs.7 lakh crore as the overall market capitalisation of BSE-listed firms dropped to Rs.432 lakh crore from Rs.439 lakh crore in the previous session....
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