Nifty, Sensex Plunge: Trade Jitters, FII Selling Hit Key Supports

• Indian equity benchmarks Sensex and Nifty opened sharply lower, falling about 0.5 percent due to global trade-war jitters, FII outflows, and weak Asian cues.
• The Nifty slipped to 25,450, testing crucial support levels, while the Sensex was down near 82,900.
• Market breadth was negative, with declines outnumbering advances, and India VIX rose over 3 percent, indicating increased volatility.
• Selling pressure was broad-based across realty, IT, auto, and oil & gas sectors; midcap and smallcap indices underperformed.
• Geopolitical uncertainty, including the US-Europe standoff on Greenland tariffs, and persistent FII selling (Rs 3,200 crore on Monday) are key factors influencing market direction.

Why It Matters: Indian markets are volatile due to global trade tensions, FII selling, and geopolitical concerns, testing key support levels.