Stock market crash today: Nifty50 below 23,300; BSE Sensex plunges over 1,600 points as oil prices rise, US Fed flags inflation – top reasons for fall

Stock market crash today: Higher crude oil prices and a hawkish stance from the US Federal Reserve weighed heavily on investor sentiment.Within minutes of trading, the sharp decline erased over Rs 7 lakh crore from the total market capitalisation of BSE-listed firms.