Market Plunges: Sensex Down 367 Pts, ₹1 Lakh Cr Lost; Rail Fares Up, Adani Expands

• Indian stock market indices (Sensex, Nifty) closed down on Friday, with Sensex falling 367 points and Nifty closing below 26,050.
• Investors lost approximately ₹1 lakh crore as BSE-listed companies' market cap decreased from ₹475 lakh crore to ₹474 lakh crore.
• The market decline was attributed to profit booking and continuous selling by Foreign Institutional Investors (FIIs).
• Rail travel became more expensive from today due to a fare hike of one to two paise per km, though general class and local train travelers are exempt.
• Indian IPO market set a new record, raising ₹3.8 lakh crore from 701 IPOs in the last two years, while railway stocks surged amidst the market decline.
• Adani Group made 33 acquisition deals worth ₹80,000 crore since the Hindenburg report, demonstrating capital access and robust business capabilities.

Why It Matters: Indian markets saw a significant dip, but IPOs set records and Adani Group expanded aggressively.