Explained: Why is stock market falling today? Sensex crashes 1,500 points, investors lose₹8 lakh crore within minutes

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The Sensex plunged over 1,550 points, or over 2%, to 72,977, while the Nifty 50 plunged nearly 500 points, or over 2%, to 22,634. The BSE 150 Midcap and the BSE 250 Smallcap indices crashed more than 2% each.