Stock market crash: Terrible Thursday for Sensex, Nifty as over ₹7 lakh cr investors' wealth eroded - what went wrong?

The Indian stock market experienced a significant drop on October 8, with Nifty down 1.11% and Sensex falling nearly 700 points.

Over ₹7 lakh crore in investor wealth was erased due to factors such as rising repo rates, foreign selling, and inflation concerns.