Rs 6 lakh crore wiped out as Sensex, Nifty slide 1% each; key factors behind today’s market crash

Indian stock markets opened sharply lower on Thursday. Sensex dropped over 1,250 points. Nifty50 slipped below the 25,500 mark. This decline reflected losses in other Asian markets. Investors' risk appetite fell due to escalating conflict in the Middle East. Iran’s missile launch at Israel raised fears about oil supply disruptions, pushing oil prices higher.