Stock Market Crash: Indian stock markets experienced a significant downturn on Monday. Both Sensex and Nifty saw substantial drops exceeding one percent. This decline was driven by soaring global bond yields and a record low for the Indian rupee. The market capitalization of BSE-listed companies also saw a considerable reduction. Investors faced a challenging trading session as bearish sentiment dominated Dalal Street.

Sensex and Nifty ended lower as the rupee hit a record low and crude oil prices surged, raising inflation and market concerns.

Nifty broke below its 23,800–24,500 consolidation range, signalling near-term weakness, with resistance now seen at 23,800–24,000 and key support at 23,150, according to analysts.…