Download the app
← Latest news

Sensex plunges 3400 points in 4 days as crude and rupee spark fear of more losses

Economy
Published on 12 May 2026
Sensex plunges 3400 points in 4 days as crude and rupee spark fear of more losses

Rupee at record lows helped accelerate the fall

Indian equity markets slid for a fourth consecutive session, with the Sensex and broader indices hit by rising crude oil prices, geopolitical tensions, foreign investor selling, and a rupee at record lows. The sharp losses dragged benchmark, midcap, and smallcap stocks. Analysts say volatility could continue unless global tensions ease and inflation concerns stabilise.

  • Markets fell for a fourth straight session across caps
  • Crude oil spikes and geopolitical tensions worsened sentiment
  • FII selling and a record-low rupee intensified losses
  • Analysts warn volatility may persist if risks continue
Read the full story at The Economic Times

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

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.