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Sensex Tumbles 1100 Points as Brent Spikes and US Iran Tensions Hit Markets
Economy
Published on 11 May 2026
Crude surge and US Iran friction wiped out
Dalal Street opened lower and spiraled as the BSE Sensex fell about 1,093 points to 76,235 and the Nifty slid past 24,000 to 23,870 on Monday morning. A sharp rise in Brent crude and escalating US Iran tensions rattled risk appetite, wiping roughly ₹4.8 lakh crore in investor wealth. Banking and auto stocks drove the selloff as volatility jumped.
- Sensex down 1,100 points and Nifty slips to 23,870
- Brent crude rises about 2.1%, fueling the selloff
- US Iran friction worsens global risk sentiment
- India VIX jumps over 8% as volatility spikes
Read the full story at Republic
This summarization was done by Beige for a story published on 
Republic