business π Sensex tanks, Nifty dips amidst market shifts π
The Sensex crashed by 1169.08 points to 73,659.17, while Nifty 50 slumped 373.95 points to 23,072.85 on September 24, 2026. This sharp fall occurred amid renewed uncertainty regarding the US-Iran diplomatic process and insurance reforms. Higher crude oil prices are projected to increase Indiaβs import bill and intensify inflation worries. Insurance stocks faced pressure due to the IRDAI's proposed commission caps and expense-of-management limits. Moving forward, market sentiment remains bearish as long as Nifty futures stay below 23,350.