Market plummets amid global uncertainty
Markets took a sharp dip on Thursday—Sensex dropped 823 points to close at 81,691.98, and Nifty slid under the important 24,900 mark. The drop was mainly due to weak global signals, profit-taking by investors, rising crude prices, and ongoing geopolitical tensions.
All sectors in the red
Every sector felt the pinch: Realty and Energy stocks were hit hardest (down over 1.7%), payments stocks struggled after new UPI fee rules were clarified, and airline shares took a knock following an Air India incident.
Market volatility jumps as investors get cautious
Market volatility jumped (India VIX up over 3%), showing investors are getting cautious amid global uncertainty. Even mid- and small-cap stocks weren't spared—both fell over 1.6%. For anyone watching their investments or curious about market mood swings, it's a reminder that global events can quickly shake things up at home too.