New Delhi, Jan 06 (ANI): As BSE Sensex and Nifty dropped after hitting 1 month highs, Market Expert Akash Jindal said that the global pessimistic sentiments' over crude oil price was the cause of the drastic fall. Jindal said that the rate of the crude oil is going down which is good for India as the inflation will go down but will adverselt affect other countries. He said that the global sentiments are down over the crude oil price as many economies are dependent on the same. He also advised Indian investors not to panic in such situation. The benchmark BSE Sensex tumbled over 588.15 points to 27,254.17 and the NSE Nifty dipped below the 8,300-mark in opening trade on Tuesday on heavy selling by funds and investors amid global sell-off on worries about Eurozone and sinking oil prices.