Iran crisis: Sensex crashes 788, gold at record high
The escalating geopolitical tensions between the US and Iran took a toll on markets around the world, including in India. While global crude prices jumped above the $70-per-barrel level, the sensex closed 788 points or 1.7% lower at 40,677, the rupee weakened below the 72-per dollar mark and gold prices shot up to above Rs 41,000.