The Indian stock market crashed on Thursday, with Sensex and Nifty falling more than 1.6% each as bond yields surged to 19-year highs, along with other factors that spooked investors.
Sensex crashed around 1,248 points to close at 73,581, while Nifty 50 dropped 384 points to end the session at 23,063. Broader markets crashed further, with Nifty Midcap 100 plunging more than 2% and Nifty Smallcap 100 index dropping 1.5%.