Sensex plunges over 1,400 points and Nifty slips near 22,250 amid Trump's Iran threat, rising crude oil prices, and FII selling. Here are the key reasons behind today's market crash.
Indian equities on Dalal Street saw volatility as global market trends and fresh tariff concerns linked to Donald Trump impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for April 2, 2026.
'We kept our bags packed, ready to jump into the sea. Many times, I felt it could be my last day.'
Airlines experienced check-in problems at various airports due to a software issue that lasted over 40 minutes, impacting IndiGo, Air India Express, SpiceJet, and Akasa Air.
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The Railway Ministry has decided to increase coaches in premium trains to accommodate travelers affected by Indigo airline's flight disruptions.
Airports across the country have been placed on operational alert to manage potential flight diversions, unscheduled landings and passenger facilitation requirements.
Civil Aviation Minister K Ram Mohan Naidu highlights challenges in aircraft procurement due to global supply chain disruptions, impacting India's aviation sector growth and expansion plans.
The Delhi High Court has directed the removal of defamatory social media posts concerning the alleged molestation of a journalist on a flight, citing a violation of the accused's right to dignity and fair trial. The court also criticised media houses and actor Richa Chadha for amplifying unverified allegations.
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Indian airlines are expected to cancel 444 international flights due to airspace restrictions in the Middle East following attacks on Iran by Israel and the US. The civil aviation ministry is closely monitoring the situation and coordinating with airlines to ensure passenger safety and minimize disruptions.
IndiGo, which operates the largest fleet among Indian carriers, has reported the highest number of serious engine-related incidents.
The country's largest airline IndiGo on Tuesday reported a loss of Rs 2,582.10 crore in the September quarter as higher forex losses and expenses impacted the bottom line, and it expects to induct the first long range Airbus A321 XLR aircraft in December. The airline, which had a loss of Rs 986.7 crore in the year-ago period, said hedging actions and more revenues in foreign currencies from international operations will help cushion the currency movements.
Aviation watchdog DGCA has granted IndiGo a six-month extension to operate two leased Boeing 777 aircraft from Turkish Airlines, subject to certain conditions. This decision comes after a previous extension and amidst geopolitical considerations.
Air India and Air India Express are introducing a fuel surcharge on domestic and international flights due to rising jet fuel prices, impacting travel costs for passengers.
Benchmark equity indices Sensex and Nifty extended their gains for the second straight session on Monday, driven by optimism over the India-US trade deal and robust buying in public sector banks, consumer durables, and realty stocks.
IndiGo promoter Rakesh Gangwal's family trust on Thursday sold a 1.3 per cent stake in the country's largest airline for Rs 2,933 crore through open market transactions, cumulatively offloading shares worth Rs 14,497 crore so far this year. With the latest sale, the cumulative divestment by Rakesh Gangwal, along with his wife Shobha Gangwal and their family trust -- the Chinkerpoo Family Trust -- stood at Rs 39,532.79 crore, translating to around $4.51 billion.
In 2025, the total net induction was 35 planes -- 79 added and 44 returned -- making it much lower than even 2024.
Benchmark Sensex tumbled 1,236 points or 1.5 per cent while Nifty closed near 25,450 on Thursday following an across-the-board sell-off amid escalating geopolitical tensions between the US and Iran.
Benchmark equity indices Sensex and Nifty extended their gains for the third straight session on Wednesday, driven by last-hour buying in bank, metal, and FMCG shares.
Indian equity markets closed higher, driven by gains in PSU bank, auto, and financial stocks, following the US Supreme Court's decision on tariffs. Sensex climbed 479.95 points to 83,294.66, and Nifty advanced 141.75 points to 25,713.
The incident occurred in the flight 6E138 and after landing, the perpetrator was handed over to the security authorities at the Kolkata airport, the source said.
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Stock markets rebounded on Friday with the benchmark Sensex closing higher by 316 points after heavy buying in banking and metal shares amid optimism over trade deal progresses and India's participation in Pax Silica.
The DGCA has revised air ticket refund norms, allowing passengers to cancel or change tickets without additional charges within 48 hours of booking, subject to conditions. The new rules also address name correction fees and medical emergency cancellations.
The country's largest airline IndiGo on Wednesday reported a 20 per cent decline in profit after tax at Rs 2,176.3 crore for the June quarter as airspace curbs and overall challenging operating environment crimped its bottom line even as the carrier flew 12 per cent more passengers during the period.
According to Indigo, the flight finally landed safely in Bengaluru at about 8.20 pm on June 19.
'It has got to be the biggest error in aviation. If it is the biggest error, then all those individuals in positions of power should be removed because they have caused the biggest meltdown in Indian aviation history.'
The BSE Sensex plummeted 1,236 points, wiping out nearly Rs 7 lakh crore in investor wealth, driven by escalating tensions between the US and Iran and subsequent market selloff.
Benchmark stock indices Sensex and Nifty closed on a flat note in a choppy session on Wednesday as gains in PSU banks and auto shares were offset by losses in IT stocks.
Benchmark equity indices Sensex and Nifty rebounded on Thursday after three sessions of losses, tracking gains in global markets after US President Donald Trump struck a conciliatory tone on Greenland. In a volatile session, the 30-share BSE Sensex climbed 397.74 points, or 0.49 per cent, to close at 82,307.37.
Benchmark BSE Sensex fell 558 points on Thursday amid heavy selling in IT shares, as concerns over AI-led disruptions and waning hopes of a Fed rate cut after firm US economic data weighed on investor sentiment.
Stock markets closed higher for the second straight session on Tuesday, driven by gains in bank, IT and capital goods shares.
According to the complainant, he belongs to the Adi Dravida community, a Scheduled Caste, and was subjected to caste-based remarks several times at the workplace.
Following attacks in West Asia, hundreds of Indians, including prominent personalities, are stranded in Dubai and other key hub airports due to flight disruptions, prompting appeals for government assistance.
Market sentiment is likely to remain cautious as investors position themselves for the upcoming Union Budget and the US Fed's interest rate decision, where expectations are muted.
The perpetrator was also declared as unruly by the airline, the source added.
An IndiGo flight from Delhi to Goa made an emergency landing in Mumbai due to an engine failure. Passengers were transferred to an alternative aircraft.
Dense fog disrupted flight operations at Delhi Airport, leading to numerous cancellations and diversions. Airlines are working to manage the situation and minimize inconvenience to passengers.
Two new airlines -- Al Hind Air and FlyExpress -- are set to take to the skies, with the carriers receiving their no objection certificates from the civil aviation ministry.