Share markets in India opened in a heavy selling mode on Thursday, 30 April, 2026. The 30-share Sensex nosedived 1,000 points. Similarly, the 50-share Nifty lost more than 1%. Why markets fell today? Amid the West Asia conflict, Brent crude oil prices have reached $120 per barrel, their highest level in four years. According to the latest data, Brent crude rose to its highest level since June 2022. According to The Guardian, US President Donald Trump said the US would continue its military blockade of Iranian ports. He said the blockade would stay in place until Iran reached a deal on its nuclear programme. The decision has directly affected tensions around the Strait of Hormuz, one of the world’s most important oil supply routes, and has increased uncertainty over oil supplies. Meanwhile, Iranian Parliament Speaker Mohammad Bagher Ghalibaf commented sarcastically on the rising prices, saying the next milestone would be $140. He also said Trump’s advisers were giving him useless advice. Stocks like IndiGo, Adani Ports, Eternal, MM, Axis Bank, Ultra Cement and Trent were among the major losers on the Sensex. Sectorally, on the NSE, barring Nifty Media, all other indices fell today with Nifty PSU Bank falling the most by 1.38%. Asian markets mostly fell on Thursday US markets settled lower overnight US Fed holds rates at 3.5%-3.75% The US Federal Reserve kept interest rates unchanged in the range of 3.5% to 3.75% at its latest policy meeting. Rupee falls to all-time low Rupee fell to an all-time low of 95.07 against the US dollar on Thursday. Post navigation Anil Ambani’s descent from world’s 6th richest to bankruptcy:How his $42 billion net worth reduced to ‘zero’
