India, April 9 -- Indian stock markets tumbled sharply on Thursday. Renewed fears over the US-Iran war and rising inflation rattled investors across the country. The Nifty 50 opened weak at 23,909 and closed at 23,775 a loss of 222 points, or 0.93%. The BSE Sensex dropped 931 points, closing at 76,631 after opening at 77,319. Meanwhile, the Bank Nifty fell 882 points, finishing at 54,821.

Investors lost over Rs. 90,000 crore in a single session. The total market capitalisation of BSE-listed companies dropped to Rs. 444.61 lakh crore from Rs. 445.51 lakh crore the previous day.

Fresh Israeli attacks on Lebanon on Wednesday shattered ceasefire hopes in the Middle East. Asian markets followed suit. Japan's Nikkei fell 0.65%, China's Shangh...