The Indian stock market witnessed a sharp decline today, with the Sensex tumbling 790 points and the Nifty shedding 210 points amid heavy selling pressure across sectors.
Analysts attributed the fall to weak global cues, profit-booking by investors, and concerns over rising crude oil prices and currency fluctuations. Banking, IT, and metal stocks bore the brunt of the sell-off, while defensive sectors like FMCG and pharma offered limited support.
Broader indices also slipped, reflecting cautious investor sentiment ahead of key macroeconomic data releases. Market experts suggest volatility may persist in the near term, with investors closely tracking global developments and domestic policy signals.