Indian stock markets tumbled sharply with the Sensex falling 800 points and nearly 4 lakh crore wiped out in a single session. Here are the 6 key factors, including rupee weakness and global cues, behind the crash.
Benchmark indices Sensex and Nifty tumbled in early trade on Friday after a two-day rally, tracking a weak trend in global peers, as the US-Iran conflict continues to be a key overhang for the markets. Track Sensex, Nifty50 movement and key market drivers for March 27, 2026.
Speaking to reporters during a cabinet meeting at the White House on Thursday, Trump said the US had engaged in 'very substantial talks' with Iranian officials and described the tanker movement as proof of seriousness in the discussions.
In a post on Truth Social, Trump said the decision followed a request from the Iranian government and added that talks between the two sides were 'going very well'.
We cannot simply have a 60-65 per cent import dependency in LPG, the bulk of which comes from just one volatile region -- West Asia, points out R Jagannathan.
Iran's Ambassador to Pakistan, Reza Amiri Moghadam, has said there are no ongoing talks between Tehran and Washington, DC, countering United States President Donald Trump's claims of peace overtures.
Dale Steyn noted that Virat Kohli's confidence has grown, allowing him to play more aerial shots regularly.
'It would be similar to what happened during COVID-19.' 'They are not just losing income, but being pushed into distress.'
Donald Trump's inconsistent statements and actions regarding the conflict with Iran have drawn criticism and confusion, raising questions about American credibility and the direction of US foreign policy.
Kolkata Knight Riders coach Shane Watson believes Cameron Green will not be affected by his high price tag and will play with freedom. Watson also mentioned Angkrish Raghuvanshi's readiness as a wicketkeeper and the team's efforts to bring Matheesha Pathirana to the squad.
The mortal remains of a 26-year-old man from Uttar Pradesh, who was killed in a suspected missile attack in Riyadh, Saudi Arabia, have been returned to his family in Sitapur. Ravi Gopal, who worked as a driver, died on March 18. The Ministry of External Affairs has expressed condolences and facilitated the repatriation of his body.
Sanju Samson, now playing for Chennai Super Kings, is set to face his former team, Rajasthan Royals, in a highly anticipated IPL match in Guwahati, marking a significant shift in his career and a new chapter for both franchises.
Left-arm spinner Harpreet Brar expresses his desire to play for India A after consistent performances in the IPL, drawing inspiration from his Punjab teammates and aiming to improve his economy rate.
Sunrisers Hyderabad head coach Daniel Vettori criticised his team's bowling performance after their defeat to Royal Challengers Bengaluru in the IPL, highlighting the scoring opportunities given to Virat Kohli and Devdutt Padikkal.
'Pakistan has pitched Islamabad as a possible venue for talks as early as this week involving senior figures from the Trump administration and Iran,' the Financial Times reported.
A fan's heartfelt open letter praising 'The Wall' went viral on social media after former India captain Rahul Dravid received the BCCI Lifetime Achievement Award on Sunday.
The ministry of petroleum and natural gas on Friday reiterated that India has sufficient stock of crude oil, petrol and diesel, while ensuring an uninterrupted supply of LNG and LPG despite disruptions caused by the ongoing West Asia conflict.
Markets will look for clear guidance on how the MPC interprets the uncertainty and what it implies for the future course of monetary policy, points out Rajeswari Sengupta.
The authority has termed it an unfair trade practice under the Consumer Protection Act, 2019, pointing out that only applicable taxes can be added to the price mentioned in the menu.
Athletes and officials adjusted to the unfamiliar setting at the inaugural National Indoor Championships in Bhubaneswar, with shot putters modifying their techniques and runners adapting to a curvy track.
Amidst rising Middle East tensions, External Affairs Minister S Jaishankar highlights India's strategic dialogue with Iran to safeguard maritime traffic through the Strait of Hormuz, ensuring India's energy security and continued oil trade.
Sri Lankan T20I captain Dasun Shanaka has been named as the replacement for injured England all-rounder Sam Curran in the Rajasthan Royals squad for the upcoming IPL 2026 season.
R Praggnanandhaa leads a fearless new generation at the Candidates 2026 as veterans face a shifting chess landscape ahead of a world title clash.
The diplomatic intervention follows various media reports which attributed comments to Iranian lawmaker Alaeddin Boroujerdi, suggesting that merchant vessels were being charged USD 2 million for safe passage through the "conflict-hit Hormuz."
Rani's cop, Shahid's crook and a whole lot of sinister threats raid OTT this week.
A Thai cargo vessel was struck by missiles near the Strait of Hormuz, leaving three crew members missing and prompting a rescue operation by the Royal Navy of Oman.
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.
On Monday, March 9, Mojtaba Khamenei was appointed Iran's new supreme leader, succeeding his father Ayatollah Ali Khamenei.
'The jail staff told me Kasab was served only jail food and not biryani.' 'They told me that Kasab was beaten regularly after court proceedings.' 'And they filled Kasab's bottle with urine so that whenever he felt thirsty he used to drink urine.'
When asked about Bessent's announcement allowing certain Russian oil sales to India and whether the US is considering any other moves, including tapping the Strategic Petroleum Reserve (SPR), Trump said, "If there were some, I would do it just to take a little of the pressure off."
The Americans can occupy Bab el Mandeb, claim to have 'solved' the Strait of Hormuz crisis, declare victory that President Trump so desperately needs, points out Colonel Anil A Athale, former head of the history division, ministry of defence.
In his resignation letter to US President Donald Trump, Kent called the conflict with Iran unjustified, contending that Washington, DC entered the war due primarily to pressure from Israel and its powerful American lobby rather than clear, direct threats to national security.
Crude oil prices experienced a sharp decline after US President Donald Trump announced a temporary halt to military strikes on Iran's energy infrastructure, easing geopolitical tensions and supply disruption fears.
The Indian rupee weakened against the US dollar due to rising crude oil prices, geopolitical tensions in the Middle East, and foreign fund outflows.
Pakistan has significantly increased the price of high-octane fuel, impacting luxury vehicle owners, while also seeing increases in petrol, diesel, and airline fares due to rising global oil prices.
It may now be time to question the price India is paying for Israel's disregard of the serious undermining of India's energy security, asserts former foreign secretary Shyam Saran.
The Kolkata Knight Riders face significant challenges heading into IPL 2026, including key player injuries and the need to integrate new acquisitions into the squad.
The US embassy in Saudi Arabia and the US consulate in Dubai were reportedly targeted by suspected Iranian drone attacks amid heightened tensions in the Middle East following US and Israeli strikes on Iran.
Iran is fighting a different war: Older, slower, and in some ways more dangerous. Iran doesn't need to shoot down an F/A-18. It only needs to make the Strait of Hormuz feel dangerous long enough for insurance markets, shipping companies, and oil futures traders to do the rest. Prem Panicker continues his must-read daily blog on the war in the Middle East.
Amid rising tensions, Iran reportedly launched ballistic missiles toward a US-UK military base, prompting concerns about regional stability and the potential for escalating conflict in the Middle East.
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