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Nifty plunges over 645 points as volatility spikes
Nifty fell more than 645 points amid rising volatility, with technical indicators pointing to caution and continued near term market instability.
Benchmark indices witnessed sharp selling pressure with the Nifty tumbling over 645 points as market volatility surged. Technical indicators signalled a breakdown below key support levels, triggering stop losses across sectors. Warned of near term caution as global cues, derivative unwinding, and risk off sentiment weighed on traders. Volatility is expected to remain elevated until stability emerges around crucial technical zones.