Sensex drops 1,000 points on monsoon outlook, US‑Iran talks, MSCI shift
On May 29 the Sensex fell 1,092 points (1.44%) to 74,775, and the Nifty 50 slipped 359 points (1.5%) amid profit‑taking and heightened uncertainty. A downgraded monsoon forecast, a pending US‑Iran ceasefire deal and MSCI index revisions were cited as key triggers.