The Indian stock market has faced a steep decline, with the Sensex plummeting 2,700 points (over 3%) in just four sessions, leading to a staggering loss of approximately ₹11 lakh crore ($1.3 trillion USD) for investors. On Tuesday, May 12, the 30-share Sensex fell over 700 points to an intraday low of 75,276, while the Nifty 50 dropped nearly 1% to a low of 23,618. This downturn is attributed to several factors, including persistent geopolitical tensions between the United States and Iran, which have kept investors on edge. Despite a ceasefire, the lack of a final peace deal has led to fluctuations in market sentiment and profit-taking. Additionally, crude oil prices have remained above $100 per barrel for over two months, further straining the Indian economy by potentially increasing inflation and weakening the currency. The overall market capitalization of BSE-listed firms has decreased from ₹473 lakh crore to ₹462 lakh crore during this period.