Benchmark BSE Sensex tanked 1,769 points to slide to a three-week low on Thursday as a spiralling conflict in West Asia triggered selling in oil, banking and auto shares, wiping out Rs 9

If Israel attacks any oil installations in Iran it will trigger a huge spike in crude which can turn out to be more damaging for oil importers like India.

Indian stock markets opened sharply lower today, with the Sensex dropping over 1,250 points and the Nifty 50 falling below 25,500. This drop mirrored losses in other Asian markets. Investors became more cautious due to the escalating conflict in the Middle East.

AM, Sensex tanked 1,277 points or 1.52 per cent to quote 82,989.18. The Nifty50 index crashed more than 385 points or 1.50 per cent to trade at 25,410.

The domestic equity market took a sharp hit at the open on October 3, with both the Sensex and Nifty 50 plunging over 1%

Sensex and Nifty indices dropped sharply, influenced by falling heavyweight stocks like Reliance and HDFC Bank.

Indian stock markets opened sharply lower on Thursday. Sensex dropped over 1,250 points. Nifty50 slipped below the 25,500 mark. This decline reflected losses in other Asian markets. Investors' risk appetite fell due to escalating conflict in the Middle East.