On Thursday, the Indian stock market witnessed a drastically turbulent trading session that ended with a considerable crash. Following a promising start where both the BSE Sensex and NSE Nifty opened in positive territory, market dynamics rapidly shifted. In the final hour of trading, chaos ensued as the Sensex plummeted by over 1200 points, closing at 82,498 after previously being at 83,734. The Nifty index also faced a substantial decline, closing down by 365 points. The abrupt downturn left investors reeling from a collective loss exceeding ₹7 lakh crore.

The sudden crash came as a shock to many investors who were hopeful after the initial rise earlier in the trading day. The market started off on a strong note, with both indices opening in the green zone. However, the abrupt reversal created panic among investors, leading to widespread selling. The scale of the losses highlighted ongoing volatility and uncertainty in the Indian markets, raising concerns over potential future movements and prompting inquiries into the underlying causes of the abrupt downturn.

Market analysts are now focusing on possible factors that may have contributed to this notable crash, including global economic indicators and local market sentiments. Investors are left grappling with the implications of such a significant hit to their portfolios, and many are calling for strategic evaluations to safeguard against future volatility. The event underlines the importance of market awareness and preparedness in times of financial unpredictability.