Key Highlights
- Sensex fell over 1,600 points, while Nifty slipped below 24,400.
- Rising tensions in the Middle East and high crude oil prices triggered panic selling.
- Nearly Rs 8 lakh crore in investor wealth was wiped out due to the market crash.
- The Indian rupee reached a record low against the US dollar.
- Trading was closed on March 3 for Holi, but the markets had already shown volatility prior.
