Sensex crashes 788 points, suffers worst loss in 6 months on US-Iran tussle
The BSE Sensex crashed nearly 788 points, its worst session in about six months, as escalating US-Iran tensions sent crude oil prices soaring and also made investors shun equities and rush to safe haven assets.
At the closing bell, the 30-share Sensex was at 40,676.63, down 1.90 per cent or 787.98 points — the biggest single-day drop since July 8.
After opening the session on a subdued note, the BSE gauge broadened losses and hit an intra-day low of 40,613.96. For more visit:
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