Brief by Shorts91 Newsdesk / 11:03am on 19 Mar 2026,Thursday Business
Indian stock markets saw a sharp fall, with Sensex dropping over 2,400 points by close. Nifty also declined heavily after a weak opening. The total market value of BSE-listed firms fell by over Rs 12 trillion. The fall came after Iran struck key energy sites in the Gulf, pushing Brent crude above $110 per barrel. Shares of HDFC Bank also dropped after its chairman resigned suddenly. The US Federal Reserve kept rates unchanged, making US bonds more attractive. This led to continued foreign investor selling. GIFT Nifty had already signalled a negative start earlier in the day. (PC: NDTV)
