Stock market today (AI image)

Stock market crash today: Nifty50 and BSE Sensex plunged in opening trade on Monday. Nifty50 opened the trading day below 22,500 and BSE Sensex dropped over 1,100 points. At 9:16 AM, Nifty50 was trading at 22,488.20, down 331 points or 1.45%. BSE Sensex was at 72,477.66, down 1,106 points or 1.50%.US markets witnessed a sharp selloff last week. All three major indices closed at their lowest levels in more than seven months on Friday, and the Dow officially entered correction territory as the ongoing conflict in the Middle East dampened investor sentiment.Asian equities came under pressure while crude oil prices moved higher amid escalating tensions, with Iran-backed Houthi forces joining the conflict and an expanded US military presence raising fears of a prolonged standoff.Foreign institutional investors remained net sellers, offloading shares worth Rs 4,367.30 crore on Friday. In contrast, domestic institutional investors provided some support by purchasing equities worth Rs 3,566.15 crore.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)