Equity markets started with a major gap-down on May 11 after US President Donald Trump rejects Iran's response to a US peace proposal. Trump’s swift rejection sent crude oil prices higher, raising concerns that the 10-week-old conflict could continue, keeping shipping disrupted through the Strait of Hormuz.
Sensex Crashes Over 950 Points, Nifty 50 Below 24,000 After Trump Rejects Iran's Latest Offer
Sensex, Nifty crashed at the opening after Trump's rejection of Iran's latest offer to a US peace proposal sent crude oil prices higher, raising fears that the conflict between the two countries could drag on
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