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Sensex drops 800 points, Nifty slips below 25,650 amid broad selloff
Sensex falls 800 points and Nifty dips below 25,650 amid global and domestic pressure.
Indian benchmark indices witnessed sharp declines as the Sensex fell over 800 points while the Nifty 50 slipped below the 25,650 mark. Market weakness was attributed to global uncertainty, profit booking in heavyweight stocks, rising bond yields, and cautious investor sentiment ahead of key macroeconomic data. Analysts noted that selling pressure in banking, IT, and metal stocks further accelerated losses across broader markets.