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Indian benchmarks slump as Nifty drops below 26,000 amid sanction bill fallout

Nifty slid under 26,000 and Sensex tumbled over 620 points as U.S. sanctions bill news triggered broad market selling and metal sector weakness.
Indian equities experienced a sharp downturn as the Nifty 50 fell below the 26,000 mark and the Sensex erased over 620 points, eroding recent gains. Investors reacted to the passage of a U.S. sanctions bill targeting key economic players, prompting a risk-off stance. Metal stocks led the fall, declining more than 3%, and broader market breadth weakened.