Market Bloodbath: Sensex Plunges 1,100 Pts, Nifty Hits 3-Month Low; Rs 10 Lakh Cr Wiped Out

• Indian benchmark indices Sensex and Nifty extended losses, settling over 1% lower, wiping out Rs 10 lakh crore in market cap.
• Sensex tumbled 1,065.71 points (1.28%) to 82,180.47, while Nifty tanked 353 points (1.38%) to 25,232.50, its steepest single-day decline since April 2025.
• Key factors include resurfacing trade-war concerns, persistent FII selling, mixed Q3 earnings, and weak global cues.
• The Nifty Midcap 100 and Nifty Smallcap 100 underperformed, falling up to 3%, with several stocks declining significantly.
• Rising India VIX, depreciating rupee, crude oil price increases, and Nifty weekly expiry also contributed to market volatility.

Why It Matters: Indian markets crashed, wiping out Rs 10 lakh crore, driven by global trade fears, FII selling, and weak earnings.