Ahead of Market: 10 things that will decide stock market action on Thursday

Sensex tumbled over 715 points to close at 76,755 while Nifty 50 declined over 191 points to 23,996, wiping out nearly Rs 4.25 lakh crore from total BSE market capitalisation. The selloff was driven by US-Iran tensions, Houthi-led shipping disruptions pushing crude above $95 per barrel, a weakening rupee, and renewed domestic inflation concerns. Rate-sensitive sectors like realty, banking and consumer durables led the decline, while FMCG and auto stocks outperformed on strong Q1 earnings.