Sensex, Nifty Deepen Losses by 0.5% in Early Trade; Volatility Spikes

• Indian equity benchmarks Sensex and Nifty fell nearly 0.5% in early Monday trade, extending previous losses.
• Sensex dropped 409.3 points to 83,166.9, and Nifty declined 116.6 points to 25,566.8 by 09:31 am.
• Market breadth deteriorated sharply with 2,367 stocks declining against 813 advances, indicating broad-based selling.
• Nifty approaches critical medium-term support at 25,500-25,600; a break below could lead to deeper downside.
• Realty, media, pharma, infra, and energy sectors led the decline, while India VIX surged over 8%.

Why It Matters: Indian markets extended losses with Sensex and Nifty down 0.5%, facing critical support levels amid high volatility.