Sensex Plunges 540+ Points, Nifty Below 23,500 as Banking, IT Stocks Drag

• Indian benchmark indices opened sharply lower on Friday, with Sensex dropping over 540 points.
• Nifty 50 slipped below 23,500, declining 156 points, as selling pressure intensified.
• Banking, IT, and metal stocks led the losses, weighing heavily on the market.
• HDFC Bank, ICICI Bank, Infosys, HCLTech, TCS, Larsen & Toubro, and Mahindra & Mahindra saw significant declines.
• Limited gains were observed in Power Grid Corporation of India, NTPC, Reliance Industries, and Coal India.