Closing Bell: Sensex Crashes 2,500 Points Amid Oil Spike

Closing Bell: Sensex Crashes 2,500 Points Amid Oil Spike

Sensex fell 2,497 points and Nifty dropped 776 points as oil prices surged above $115 and HDFC Bank faced turmoil. Investors lost ₹14 lakh crore in a broad sell-off across banking, IT, auto, and finance sectors. Rising Middle East tensions, crude shocks, and weak global cues fueled volatility, which may continue in the near term.