The stock market witnessed a sharp decline today, with the Sensex plummeting 1650 points and the Nifty also falling sharply. The reason behind this could be the US-Iran conflict.

What is the reason?

US President Donald Trump has stated that the US-Iran deal is now over, which has led to the decline in the stock market.

Crude oil prices rise

Brent crude prices rose to $76.18 per barrel, while US WTI increased by 2.87% to $72.46.

The decline in the stock market could also have an impact on the economy. Therefore, investors should invest with caution.