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

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 Times
