Why is market falling today? Sensex plunges over 750 pts, Nifty below 23,800. Key factors behind Rs 5 lakh crore wipeout

Indian stock markets experienced a significant downturn on Wednesday morning. Sensex and Nifty saw substantial drops, reflecting investor concerns. Escalating US-Iran tensions and soaring oil prices spooked market participants. This sharp decline erased nearly Rs 5 lakh crore from market capitalization.