Market Meltdown: Nifty, Sensex Crash as Oil Hits 4-Year High and Rupee Plunges to Record Low on Monday, March 9, 2026
On Monday, March 9, 2026, Indian equity markets witnessed a severe selloff as the Nifty 50 and Sensex plummeted over 1.7% amid escalating Middle East tensions and surging crude prices. Retail investors saw nearly ₹13 lakh crore in wealth erased as the Rupee hit a historic low of 92.35 against the US Dollar.