--- title: "Indian stock markets plunge amid oil price surge and US-Iran tensions" publication: "MediaBias News" url: "https://mediabias.news/business/indian-stock-markets-plunge-amid-oil-price-surge-and-us-iran-tensions" api: "https://mediabias.news/api/v1/stories/indian-stock-markets-plunge-amid-oil-price-surge-and-us-iran-tensions" markdown: "https://mediabias.news/business/indian-stock-markets-plunge-amid-oil-price-surge-and-us-iran-tensions.md" audio: "https://mediabias.news/api/audio/indian-stock-markets-plunge-amid-oil-price-surge-and-us-iran-tensions" category: "Business & Economy" area: "India" published: "2026-09-28T11:46:04.529Z" source_reported: "2026-09-28T10:59:32.000Z" updated: "2026-09-28T11:46:04.529Z" trust_score: 42 critic_score: 61 hype_score: 41 assessment_type: "coverage-and-source-reporting-analysis" fact_check_status: "not-performed" coverage_measured: "2026-09-28T14:00:14.413026+00:00" --- # Indian stock markets plunge amid oil price surge and US-Iran tensions *Sensex and Nifty50 fall sharply, erasing billions in market capitalisation as global factors weigh.* **Scores for the source reporting** (0-100, assessing the original journalism this article was written from, not this write-up): - Trust 42 of 100, higher is better. The central claim is attributed to named bodies and figures are given with their origin stated. - Craft 61 of 100, higher is better. The reporting includes why the story matters, quotes affected parties, and separates fact from comment. - Hype 41 of 100, lower is better. The presentation uses some loaded adjectives and a headline that is not fully supported by the body. Scored by MediaBias News; method at https://mediabias.news/methodology. **The short version** - Indian stock indices Sensex and Nifty50 experienced a sharp decline on Monday. - The fall was attributed to high crude oil prices, rising US bond yields, and the Iran-US conflict. - The Sensex dropped over 1,000 points, with the Nifty50 falling below 22,850. - Nearly Rs 8.92 lakh crore was erased from the market capitalisation of BSE-listed companies. Indian equity benchmarks, the BSE Sensex and Nifty50, fell sharply on Monday. The decline was driven by persistently high crude oil prices and a rise in US bond yields. Escalating tensions between Iran and the US also contributed to investor concerns, leading to a broad sell-off. The Sensex dropped by more than 1,000 points, with one report stating it fell 1,124 points. The Nifty50 fell below the 22,850 level, with one report noting it closed at 22,780.25. The sell-off resulted in a loss of nearly Rs 8.92 lakh crore from the combined market capitalisation of BSE-listed companies, according to Times of India. ## Divergent figures on market fall Reports offered slightly different figures for the extent of the market's fall. The Economic Times stated the Sensex crashed over 1,000 points and the Nifty50 went below 22,850. Times of India reported the Sensex fell over 1,100 points and the Nifty50 closed below 22,800, erasing Rs 8.92 lakh crore. India TV News reported a fall of 1,124 points for the Sensex and 360 points for the Nifty, with investors losing Rs 8 lakh crore. The Live Nagpur reported the Sensex down over 900 points and Nifty shedding 280. ## What the coverage left out None of the left-rated reports mentioned the market crash. The digests from unrated outlets and the full report from the centre-rated outlet did not mention the specific figures for foreign portfolio investor (FPI) outflows that were detailed in the right-rated Times of India report. ## Who covered it Shares of the 9 covering outlets with a published leaning rating: - Left: 0% (0) - Centre: 22% (2) - Right: 78% (7) 28 of 37 covering outlets carried no usable leaning rating and were excluded from those percentages. Coverage measured 2026-09-28T14:00:14.413026+00:00. **Coverage watch:** developing. Checked 7 times; 0 checks found a material change. Most recently checked 2026-09-28T14:15:24.566Z. ## How the sides framed it ### Left No separate framing summary. ### Centre - The Economic Times reported that the BSE Sensex and Nifty50 indices tanked in morning trade on Monday. It cited persistently high crude oil prices and a spike in US bond yields as reasons for investors' woes. The report noted that both indices crashed over 1% amid the intensifying Iran-US conflict. The Sensex crashed over 1,000 points, with the Nifty50 going below 22,850. At 10:40 AM, the Nifty50 was trading at 22,835.15, down 305 points or 1.32%, and the BSE Sensex was at 72,909.34, down 986 points or 1.33%. ### Right - Right-rated reports focused on the extent of the market crash and its primary drivers. Times of India reported that the BSE Sensex and Nifty50 indices tanked in morning trade on Monday due to persistently high crude oil prices and a spike in US bond yields. It stated the Sensex crashed over 1,100 points, closing at 72,771.72, down 1,124 points or 1.52%, while the Nifty50 closed at 22,780.25, down 360 points or 1.56%. This sell-off erased nearly Rs 8.92 lakh crore from the combined market capitalisation of BSE-listed companies. The report detailed the escalating Iran-US conflict, with US President Donald Trump rejecting Iran's proposal for a ceasefire, and Iranian President Masoud Pezeshkian's stance. It also highlighted the surge in crude prices, with oil nearing $107 per barrel, and rising US bond yields, with the 10-year Treasury note moving above 5.2%. The Indian rupee weakened by 14 paise to 95.89 against the US dollar. Foreign investors continued to sell Indian equities, offloading shares worth a net Rs 3,694 crore on Friday. **Provisional coverage gap:** left. The watch is not closed, so this is not yet a settled blindspot finding. ## Factuality profile of the covering outlets These are published factuality ratings of the outlets, not a verdict on whether this story or its claims are true. - mixed: 7 - high: 1 - unknown: 28 - veryHigh: 1 ## Verification scope This page compares coverage and scores the source reporting. It is not a ClaimReview verdict on whether the underlying event or claim is true. ## Original reporting this was written from - [Asianet News Network Pvt Ltd](https://asianetnews.com/international-news/middle-east-tensions-trigger-stock-market-crash-investors-lose-8-lakh-crore-as-sensex-plunges-articleshow-ulmq3o5) — Stock Market Plunges After Trump Rejects Iran Peace Proposals, Sensex Hits 6-Month Low, Nifty Also Plunges - [KalingaTV](https://kalingatv.com/business/nifty-falls-1-56-sensex-tanks-1124-points-as-psu-banks-plunge-crude-tops-usd-107) — Nifty falls 1.56%, Sensex tanks 1,124 points as PSU banks plunge, crude tops USD 107 - [Live Mint](https://livemint.com/market/stock-market-news/top-2-stocks-to-buy-or-sell-tomorrow-laurus-labs-indus-towers-by-chandan-taparia-check-stop-loss-targets-11790594465913.html) — Top 2 stocks to buy or sell tomorrow: Laurus Labs, Indus Towers by Chandan Taparia - Check stop-loss, targets - [The Cryptonomist](https://cryptonomist.ch/2026/09/28/crollo-borsa-india) — Falling Bag India Overwhelms Sensex and Nifty - [navbharatlive.com](https://navbharatlive.com/business/share-market-closing-bell-28th-september-sensex-fall-by-1124-points-know-why-maa19) — Share Market Crash: Global Tensions Shake Indian Markets, Sensex Falls 1,124 Points; Nifty Loses 360 Points - [Sambad English](https://sambadenglish.com/economy/sensex-crashes-over-1100-points-amid-rising-global-tensions-12586498) — Sensex crashes over 1,100 points amid rising global tensions - [alborsaanews.com](https://alborsaanews.com/2026/09/28/1995581) — Indian Stock Has Declined to the Lowest Level in Six Months - the Stock Exchange. - [Mathrubhumi](https://mathrubhumi.com/money/news/stock-market-crash-sensex-nifty-slump-hxl2gudo) — Huge Crash in Stock Market; Nifty Below 22,800 - [Bitnewsbot](https://bitnewsbot.com/sensex-nifty-crash-over-1000-points) — Sensex, Nifty Crash Over 1,000 Points, Hit May 2024 Lows - [TokenPost](https://tokenpost.com/news/investing/24850) — India’s Sensex and Nifty Plunge as Oil and Foreign Selling Weigh - [Cryptocurrency News | Cryptocurrency Prices | Market Cap](https://cryptocurrency.com.tr/3-key-factors-behind-indias-stock-market-sensex-and-nifty-crash-today-393033) — 3 Key Factors Behind India’s Stock Market Sensex and Nifty Crash Today - [Hindi Samachar : Latest News in Hindi, Breaking News in Hindi](https://aajsamaaj.com/business/sensex-plunges-by-1124-points-investors-lose-billions-of-rupees/539710) — Stock Market Closing: Sensex Falls Sharply by 1,124 Points, Investors Lose Billions of Rupees! - [wealthiertoday.com](https://wealthiertoday.com/news/india-vix-jumps-14-as-oil-shock-sends-market-volatility-higher) — India VIX Jumps 14% as Oil Shock Sends Market Volatility Higher - [Business News This Week](https://businessnewsthisweek.com/business/indian-markets-face-sharp-correction-as-oil-global-yields-and-fpi-selling-weigh) — Indian Markets Face Sharp Correction as Oil, Global Yields and FPI Selling Weigh - [Orissa POST](https://orissapost.com/sensex-tanks-1124-pts-to-six-month-low-amid-surging-crude-oil-prices-geopolitical-uncertainties) — Sensex tanks 1,124 pts to six-month low amid surging crude oil prices, geopolitical uncertainties - OrissaPOST - [Yes Punjab](https://yespunjab.com/sensex-crashes-1124-points-nifty-falls-360-as-west-asia-tensions-rising-crude-prices-rattle-markets) — Sensex Crashes 1,124 Points, Nifty Falls 360 as West Asia Tensions, Rising Crude Prices Rattle Markets - [bhaskarlive.in](https://bhaskarlive.in/business/sensex-tanks-over-1100-points-as-global-tensions-rattle-investor-sentiment-2145903) — Sensex tanks over 1100 points as global tensions rattle investor sentiment - [India TV Hindi Hindi](https://indiatv.in/paisa/market/stock-market-closes-with-a-sharp-fall-sensex-plunges-1124-points-and-nifty-drops-360-points-investors-lose-rs-8-lakh-crore-in-a-single-day-2026-09-28-1245818) — Stock Market Plunges, Sensex Plunges 1,124 Points; Investors Lose ₹8 Lakh Crore - India TV Hindi - [India TV News](https://indiatvnews.com/business/markets/sensex-plunges-1-124-points-nifty-below-22-800-psu-bank-realty-stocks-among-top-losers-2026-09-28-1055517) — Sensex plunges 1,124 points, Nifty below 22,800; PSU bank, realty stocks among top losers - [NDTV](https://ndtv.com/business-news/sensex-today-stock-market-live-updates-nifty-share-market-markets-likely-to-open-lower-amid-mixed-global-cues-12107066) — Stock Market Highlights, Sensex Today: Sensex Crashes 1,100 Points As Oil Prices Rise Amid US-Iran Tensions - [ChiniMandi](https://chinimandi.com/sensex-tanks-1120-points-nifty-below-22800) — Sensex tanks 1120 points, Nifty below 22800 - [Latestly](https://latestly.com/business/why-is-stock-market-down-today-september-28-2026-7623905.html) — Why Is Stock Market Down Today, September 28, 2026? - [IBTimes Australia](https://ibtimes.com.au/india-nifty-50-falls-below-23000-oil-foreign-selling-1875968) — Nifty 50 Falls Below 23,000 as Brent Near $107 and Foreign Selling Erase Rs 6 Lakh Crore Value - [Unknown](https://aajtak.in/business/utility/story/nifty-shatters-key-22800-support-as-geopolitical-storm-hits-markets-tuta-dskc-2655460-2026-09-28) — Nifty Crash: Nifty Breaks 22800 Support, Market at Lowest in 6 Months, Know the Reasons for the Chaos - [News Nation](https://newsnationtv.com/business/stock-market-crash-bse-sensex-crashes-over-1000-points-as-investors-lose-rs-6-lakh-crore-know-top-reasons-12584940) — 30 Out of 30 Sensex Stocks in the Red, ₹6 Lakh Crore Wiped Out From the Market, Learn 5 Major Reasons for the Market Decline - [Free Press Kashmir](https://freepresskashmir.news/2026/09/28/sensex-nifty-tumble-as-us-iran-tensions-push-oil-higher) — Sensex, Nifty Tumble as US-Iran Tensions Push Oil Higher - [APAC Digital News Network](https://apacnewsnetwork.com/2026/09/sensex-crash-oil-price-surge-us-iran-tensions-fii-outflows) — Sensex Bloodbath Today: Stock Market Crashes Over 1,000 Pts as Oil Price Surges Amid US-Iran Tensions, FII Outflows Hit Dalal Street - [India Today](https://indiatoday.in/business/market/story/sensex-tumbles-1000-points-why-markets-are-falling-despite-strong-growth-3004638-2026-09-28) — Sensex tumbles 1,000 points: Why markets are falling despite strong growth - [TV9 Marathi](https://tv9marathi.com/business/stock-market-crash-sensex-nifty-plunge-billions-lost-in-minutes-what-happened-1766285.html) — Stock Market Crash: Bad on the First day... Hahaha: Car in the Stock Market, Billions of Rupees in the Water in Two Minutes; What Happened? - [NDTV Profit](https://ndtvprofit.com/markets/stock-market-crash-today-investors-lose-market-cap-sensex-today-nifty50-indian-equities-bse-nse-advance-decline-ratio-12107896) — Stock Market Crash: Investors Lose Rs 7.5 Lakh Crore As Sensex Tanks 1,064 Points; Nifty Below 22,850 - [Lagatar English](https://lagatar24.com/sensex-tumbles-957-points-nifty-sheds-300-as-markets-open-sharply-lower) — Sensex Tumbles 957 Points, Nifty Sheds 300 as Markets Open Sharply Lower - [tv9gujarati.com](https://tv9gujarati.com/business/breaking-news-chaos-in-stock-market-sensex-down-1000-points-nifty-drops-1523177.html) — Breaking News: Stock Market in Turmoil! Sensex Falls 1000 Points, Nifty Below 22,850 - [The Economic Times](https://m.economictimes.com/markets/stocks/news/sensex-crashes-over-1000-points-nifty50-below-22850-erases-nearly-6-lakh-cr-in-an-hour/videoshow/134534263.cms) — Sensex crashes over 1,000 points, Nifty50 below 22,850; erases nearly ₹6 lakh cr in an hour - [The Live Nagpur](https://thelivenagpur.com/2026/09/28/stock-market-crashes-sensex-down-over-900-points-nifty-sheds-280) — Stock Market Crashes: Sensex Down Over 900 Points, Nifty Sheds 280 - [PTB News](https://ptbnews.in/indian-stock-market-crash-sensex-nifty-drop-global-cues-28-september-2026) — Share Market हफ्ते की शुरुआत में हुई धड़ाम! निफ्टी में भारी गिरावट - [Times of India](https://timesofindia.indiatimes.com/business/india-business/stock-market-crash-today-why-bse-sensex-and-nifty50-have-crashed-on-september-28-2026-us-iran-war-crude-oil-rupee-top-reasons-for-fall/articleshow/134532562.cms) — Stock market crash today: BSE Sensex crashes over 1,000 points, Nifty50 below 22,850 - top reasons for fall - [The Hindu Business Line](https://thehindubusinessline.com/markets/sensex-nifty50-stock-market-highlights-28-septmeber-2026/article71515691.ece) — Stock Market Highlights, Sept 28: Sensex tanks 1,124 points, Nifty ends below 22,800 ## Questions **What caused the Indian stock market to crash on Monday?** The Indian stock market, including the Sensex and Nifty50 indices, experienced a sharp decline on Monday. This was primarily attributed to persistently high crude oil prices, a spike in US bond yields, and escalating geopolitical tensions between Iran and the United States. **How much did the Indian stock market fall?** The BSE Sensex fell by over 1,000 points, with reports indicating figures ranging from 1,100 to 1,124 points. The Nifty50 dropped below the 22,850 level. This sell-off erased approximately Rs 8.92 lakh crore from the combined market capitalisation of BSE-listed companies. **What were the specific reasons cited for the market crash?** Key reasons cited include the intensifying Iran-US conflict, which led to concerns about oil supply disruptions. Additionally, rising crude oil prices, with oil nearing $107 per barrel, and a climb in US bond yields, with the 10-year Treasury note exceeding 5.2%, added to investor worries. --- MediaBias News — https://mediabias.news. Reproduced from https://mediabias.news/business/indian-stock-markets-plunge-amid-oil-price-surge-and-us-iran-tensions. Please cite as: MediaBias News, "Indian stock markets plunge amid oil price surge and US-Iran tensions", https://mediabias.news/business/indian-stock-markets-plunge-amid-oil-price-surge-and-us-iran-tensions