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Sensex Crashes 800 Points Today as Oil Fed Talk and Exit Polls Trigger a Broad Selloff

Economy
Published on 30 April 2026
Sensex Crashes 800 Points Today as Oil Fed Talk and Exit Polls Trigger a Broad Selloff

One US warning and oil spike hit stocks at once

Indian markets tumbled sharply on Thursday, with the Sensex and Nifty falling steeply and losing a large chunk of value. The selloff spread across smallcaps and midcaps. Traders pointed to rising oil prices, a US presidential “blockade” warning, and hawkish signals from the Federal Reserve, while exit polls added to volatility.

  • Sensex and Nifty dropped sharply, wiping out market value
  • Selloff was broad-based, hitting smallcap and midcap stocks
  • Rising oil prices increased costs and risk sentiment
  • US Fed hawkishness plus political poll buzz fueled panic selling
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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