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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

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 Times
