Dalal Street Bloodbath: Nifty Plunges 1.4%, Wipes Out ₹10 Lakh Crore in 9 Months

• Indian shares experienced a significant downturn, with the Nifty falling 1.4% to 25,233, its sharpest drop in nine months and lowest in three months.
• The BSE Sensex also tumbled 1,066 points, closing at 82,180, as all sectoral indices ended in the red, led by realty and defence stocks.
• The market selloff erased over ₹10 lakh crore from BSE-listed market capitalisation, indicating widespread weakness.
• Major stocks like Sun Pharma, Eternal, Bajaj Finance, Coal India, and Jio Financial slipped 3-5%, while ITC, Tata Motors PV, and Trent hit 52-week lows.
• Earnings disappointments from LTIMindtree and Newgen Software, along with Ola Electric's continued decline, contributed to the negative sentiment.

Why It Matters: Indian stock markets suffered a massive selloff, with Nifty's sharpest drop in 9 months wiping out ₹10 lakh crore.