Benchmark indices plunged on Thursday, with the Sensex falling nearly 900 points and the Nifty dipping below 25,000, as a combination of global risk-off sentiment, aggressive foreign selling, and trade-war fears rattled investor confidence.
Geopolitical tensions, including US tariff threats against Europe and uncertainty over Greenland, sparked global market anxiety, which spilled into India. Persistent foreign institutional investor (FII) outflows, the rupee weakening past 91 per US dollar, and technical breakdowns further intensified selling pressure across large-caps, banks, and high-beta stocks.
Traders remain cautious as markets face elevated volatility, with currency movements, global headlines, and capital flows likely to dictate near-term trends. Until geopolitical tensions ease or corporate earnings improve, Dalal Street is expected to remain under pressure.