Weak global cues and a sharp rise in crude oil have put heavy pressure on the Indian stock market. The Sensex plunged over 1000 points, while the Nifty slipped below 23,850. Around ₹3 lakh crore in investor wealth was wiped out. Crude nearing $124, a weakening rupee, continuous FII selling, and rising geopolitical tensions have all hurt sentiment. Heavy selling was seen in auto, banking, and metal stocks, while a spike in India VIX signals growing fear in the market. Going ahead, markets will remain highly sensitive to global trends and oil prices.