1 hour ago
HomeMarket NewsStock Market Crash LIVE Updates: Sensex slumps 1,677 points, Nifty ends below 23,900 as renewed US-Iran tensions rattle markets
By CNBCTV18July 8, 2026, 3:36:08 PM IST (Updated)
Sensex Today | Stock Market LIVE Updates: After Trump's comments on Iran indicating a rise in tensions with Iran, the market are in a meltdown. The Nifty is down a colossal 400 points, falling below the 24,000 mark. The Nifty Bank is also down, slumping a major 1000 points.
Sensex Today | Stock Market LIVE Updates: Donald claims that he thinks that the MoU with Iran is over, and he does not deal with Iran. As a result of these comments, the markets are witnessing a sharp, colossal fall.
The market has now been hit by a whirlwind, taking Nifty below the 24,000 mark, falling over 450 points. The Sensex is down over 1,400 points, slumping to 76,700.
While the 24,482 to 24,530 zone has now emerged as a new congestion point for the Nifty, it still managed a higher high and a higher low on Tuesday.
The Nifty Bank is also on a similar footing, moving under pressure, falling over 400 points. The Banking index remains above the 58,000 mark, although that level will be key to defend on the downside.
Some of the shares that are moving low at the Nifty 500 index include Aegis Logistics, Aegis Vopak, Mphasis, Cohance Life, HPCL, among others.
Watch this space for all the LIVE stock market updates.
