{"id":1309402,"date":"2026-05-13T09:03:18","date_gmt":"2026-05-13T03:33:18","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1309402"},"modified":"2026-05-13T09:03:31","modified_gmt":"2026-05-13T03:33:31","slug":"rs-11-lakh-crore-wiped-off-stock-markets-after-trumps-statement-on-iran-war","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/rs-11-lakh-crore-wiped-off-stock-markets-after-trumps-statement-on-iran-war\/","title":{"rendered":"Rs 11 Lakh Crore Wiped Off Stock Markets After Trump&#8217;s Statement On Iran War"},"content":{"rendered":"\n<p>Dalal Street witnessed a brutal selloff after US President Donald Trump warned that the Iran ceasefire was \u201con life support,\u201d reigniting fears of a wider Middle East conflict and pushing global crude oil prices sharply higher. <\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/05\/Untitled-design-45-1280x720-2-1024x576-1.jpeg\" alt=\"\" class=\"wp-image-1309408\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/05\/Untitled-design-45-1280x720-2-1024x576-1.jpeg 1024w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/05\/Untitled-design-45-1280x720-2-1024x576-1-300x169.jpeg 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/05\/Untitled-design-45-1280x720-2-1024x576-1-768x432.jpeg 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>By market close:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>BSE Sensex crashed 1,265 points to 74,559<\/li>\n\n\n\n<li>NSE Nifty fell 436 points to 23,380<\/li>\n\n\n\n<li>Investors lost nearly \u20b911 lakh crore in market <a href=\"https:\/\/www.ndtv.com\/business-news\/stock-market-sensex-share-market-nifty-live-updates-today-12-may-donald-trump-us-iran-ceasefire-crude-oil-prices-11481606\">capitalization in a single session<\/a><\/li>\n<\/ul>\n\n\n\n<p>The selloff marked one of the steepest market declines of 2026 and extended the indices\u2019 longest losing streak since January.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Crude Oil Above $105 Became India\u2019s Biggest Fear<\/h2>\n\n\n\n<p>The biggest trigger behind the market panic was the sudden spike in crude oil prices.<\/p>\n\n\n\n<p>After Trump dismissed hopes of a stable Iran ceasefire, Brent crude surged above $105 per barrel amid fears that tensions around the Strait of Hormuz could disrupt global oil supplies.<\/p>\n\n\n\n<p>The Strait of Hormuz is among the world\u2019s most critical oil shipping routes, handling nearly one-fifth of global petroleum trade. Continued instability there immediately impacts energy-importing countries like India.<\/p>\n\n\n\n<p>For India, this is especially dangerous because:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>India imports over 85% of its crude oil needs<\/li>\n\n\n\n<li>Higher oil prices increase inflation and fuel costs<\/li>\n\n\n\n<li>Rising import bills weaken the rupee and fiscal balance<\/li>\n<\/ul>\n\n\n\n<p>As oil surged, the Indian rupee also hit a fresh lifetime low near 95.5 against the US dollar, worsening market sentiment further.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">IT Stocks, Banks &amp; Midcaps Hit Hard<\/h2>\n\n\n\n<p>The market decline was broad-based, but technology stocks emerged among the biggest losers.<\/p>\n\n\n\n<p>Major laggards included:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Tata Consultancy Services<\/li>\n\n\n\n<li>Infosys<\/li>\n\n\n\n<li>HCLTech<\/li>\n<\/ul>\n\n\n\n<p>The Nifty IT index plunged sharply as investors worried about slowing global demand, weak US economic conditions, and rising uncertainty.<\/p>\n\n\n\n<p>Midcap and smallcap stocks also suffered heavily:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Nifty Midcap 150 fell over 2.5%<\/li>\n\n\n\n<li>Nifty Smallcap 250 extended losses for a second straight session<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Why Global Markets Are Nervous<\/h2>\n\n\n\n<p>The US-Iran conflict has become one of the biggest risks for global markets in 2026.<\/p>\n\n\n\n<p>Investors fear:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Prolonged closure or disruption of the Strait of Hormuz<\/li>\n\n\n\n<li>Supply shortages in global oil markets<\/li>\n\n\n\n<li>Higher inflation worldwide<\/li>\n\n\n\n<li>Slower economic growth<\/li>\n\n\n\n<li>More volatility in equities and currencies<\/li>\n<\/ul>\n\n\n\n<p>Reuters reported that oil prices remain highly unstable because the ceasefire situation is still fragile and supply disruptions continue.<\/p>\n\n\n\n<p>Analysts now believe oil may remain above $100 for an extended period if geopolitical tensions worsen.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Why This Matters For India<\/h2>\n\n\n\n<p>India\u2019s economy is highly sensitive to oil prices. Every major rise in crude affects:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Petrol and diesel prices<\/li>\n\n\n\n<li>Inflation<\/li>\n\n\n\n<li>Transport and logistics costs<\/li>\n\n\n\n<li>Corporate profitability<\/li>\n\n\n\n<li>Government finances<\/li>\n<\/ul>\n\n\n\n<p>That is why global geopolitical events \u2014 especially involving Iran and the Middle East \u2014 often trigger strong reactions in Indian stock markets.<\/p>\n\n\n\n<p>For now, investors are closely watching:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Whether the Iran ceasefire survives<\/li>\n\n\n\n<li>Future US military or diplomatic actions<\/li>\n\n\n\n<li>Oil price movements<\/li>\n\n\n\n<li>RBI and rupee stability measures<\/li>\n<\/ul>\n\n\n\n<p>Because if crude prices remain elevated for long, India\u2019s markets and economy could face sustained pressure in the coming months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dalal Street witnessed a brutal selloff after US President Donald Trump warned that the Iran ceasefire was \u201con life support,\u201d reigniting fears of a wider Middle East conflict and pushing global crude oil prices sharply higher. By market close: The selloff marked one of the steepest market declines of 2026 and extended the indices\u2019 longest [&hellip;]<\/p>\n","protected":false},"author":30,"featured_media":1309408,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[101,6438],"class_list":["post-1309402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-stock-market","tag-trump"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rs 11 Lakh Crore Wiped Off Stock Markets After Trump&#039;s Statement On Iran War - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/rs-11-lakh-crore-wiped-off-stock-markets-after-trumps-statement-on-iran-war\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rs 11 Lakh Crore Wiped Off Stock Markets After Trump&#039;s Statement On Iran War - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"Dalal Street witnessed a brutal selloff after US President Donald Trump warned that the Iran ceasefire was \u201con life support,\u201d reigniting fears of a wider Middle East conflict and pushing global crude oil prices sharply higher. 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