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Sensex & Nifty Plunge as Global Tensions Hit Equity Markets

Indian markets slump sharply with key indices tumbling on geopolitical uncertainty and risk off sentiment

MUMBAI, Apr 02 : Indian equity markets suffered heavy losses on April 2, 2026, as global geopolitical tensions and risk off trading weighed on investor sentiment. The benchmark BSE Sensex dropped over 1,500 points, while the Nifty 50 index slid around 2 per cent, marking one of the steepest intraday falls in recent months. Markets reacted to geopolitical developments and cautious global cues, prompting selling pressure across key sectors including realty, banking and midcaps. Even defensive themes faltered, while limited gains in select stocks offered scant support. The downturn underscores persistent volatility as investors reassess market direction amid macroeconomic and geopolitical headwinds.

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