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Sensex crashes 1000 points Nifty slips under 23900 as investors reel from key shocks
Economy
Published on 11 May 2026
A plea to save energy collided with Iran US jitters
Indian markets slid sharply on Monday as the Sensex tumbled about 1,000 points and the Nifty fell below 23,900, wiping out significant value. The selloff was linked to Prime Minister Narendra Modi’s call for energy conservation and growing uncertainty around the chances of an Iran–US peace deal. Investors reacted fast to both domestic and geopolitical cues.
- Sensex fell around 1000 points while Nifty slipped below 23,900
- Market cap losses reflected a broad, sharp risk-off move
- Energy conservation appeal added to near-term sentiment pressure
- Iran–US peace deal outlook turned weaker, boosting uncertainty
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times