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Indian Stock Market Crash: Sensex Drops 1,147 Points as M-cap Falls by Rs 10.08 Lakh Crore
Indian equities faced heavy selling, with the Sensex falling 1,147.15 points and the Nifty50 dropping 390.40 points during intraday trade. The market later recovered part of its losses, but BSE-listed companies still saw a sharp decline in total market capitalisation as foreign selling, higher US bond yields, crude oil prices and a weaker rupee pressured sentiment.