Why is market falling today? Sensex crashes 1,500 points, Nifty slips below 24K. Key factors behind this meltdown

The Sensex plunged 1,601 points to 76,580 while the Nifty50 fell 472 points below 24,000, wiping out nearly Rs 4 lakh crore in investor wealth. The selloff was triggered by US President Trump declaring the Iran ceasefire over, reigniting Middle East tensions and pushing Brent crude up around 5 percent to $78.09 a barrel. All sectoral indices traded deep in the red, with India VIX surging 26 percent to 14.67 and the broader market breadth sharply negative at 2,525 decliners against just 694 advancers.