Core Viewpoint - The Indian stock market experienced a significant downturn, resulting in a loss of ₹16.32 lakh crore in investor wealth over two days due to escalating geopolitical tensions involving the US, Israel, and Iran, alongside weak global cues [4][6]. Market Performance - The BSE Sensex fell by 1,122.66 points or 1.40% to close at 79,116.19, with an intraday drop of 1,795.65 points or 2.23% to 78,443.20 [4][6]. - Since the onset of hostilities between Iran and the US-Israel on February 28, the BSE benchmark has lost a total of 2,171 points or 2.67% [4]. Market Capitalization - The market capitalization of BSE-listed companies decreased by ₹16,32,428.12 crore, bringing the total to ₹4,47,18,243.15 crore (approximately USD 4.85 trillion) [5]. Sectoral Performance - The metal sector saw a decline of 4%, followed by PSU Bank at 3.50%, and industrials at 3.29% [9]. - A total of 3,245 stocks declined, while only 1,053 advanced, indicating a broad market sell-off [9]. Global Market Impact - Asian markets also faced significant declines, with South Korea's Kospi dropping 12%, and other major indices like Japan's Nikkei 225 and Hong Kong's Hang Seng also ending lower [10].