Trump’s Iran Threat Sparks Global Panic: Sensex Plunges 1,400 Points in Bloodbath
April 2, 2026

The Indian stock market witnessed a massive crash on Thursday following US President Donald Trump’s aggressive warning to Iran. As Trump vowed to send Iran “back to the stone age” within weeks, Brent crude oil prices surged by 5% to $105 per barrel. This twin blow triggered a sell-off in the domestic market, with the BSE Sensex tanking 1,411 points to 71,716 and the NSE Nifty sliding below the 22,220 mark. Heavyweights like SBI, Adani Ports, and Sun Pharma saw significant losses, while the India VIX jumped to 26.19, indicating extreme volatility. Experts suggest that the combination of rising fuel costs and heavy FII outflows has created a ‘risk-off’ sentiment among investors.