Stock Market Shock: ₹8 Lakh Crore Vanishes in Minutes

Global geopolitical tensions have rattled financial markets, triggering a sharp sell-off in India on Monday, April 13. Hopes for a peaceful resolution between the United States and Iran faded after recent negotiations reportedly failed to reach common ground.

Adding to investor anxiety, former US President Donald Trump announced a potential blockade of the strategically crucial Strait of Hormuz. Given that a significant portion of the world’s oil supply passes through this route, such a move could severely disrupt global energy markets and economic stability.

The ripple effects were immediately visible in India. Benchmark index BSE Sensex plunged nearly 1,700 points in early trade, wiping out approximately ₹8 lakh crore in investor wealth within minutes. The total market capitalization of BSE-listed companies dropped sharply from ₹451 lakh crore in the previous session to about ₹443 lakh crore.

The panic-driven sell-off was widespread, impacting stocks across sectors as investors rushed to offload holdings amid rising uncertainty. Nearly 2% of the market value evaporated in a very short span, underscoring the sensitivity of global markets to geopolitical developments.

With tensions escalating and no immediate resolution in sight, market volatility is expected to remain high in the coming days.

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