Stock Market Crash Today: Indian benchmark indices Sensex and Nifty experienced a substantial drop due to heightened fears of a global trade war and potential U.S. recession. The extensive sell-off was broad-based, affecting all sectors, while global markets also witnessed significant declines amid escalating trade tensions and investor flight to safer assets.
IndusInd Deputy CEO Khurana quits over accounting lapses
IndusInd Bank’s Deputy CEO, Arun Khurana, resigned amidst a Rs 1,959.98 crore loss from misaccounted derivative trades. This follows the bank’s announcement of corrective actions