Sensex, Nifty Plunge Amid Global Trade Fears, FII Selling, Weak Q3 Results

• Sensex settled 324.17 points lower at 83,246.18, while Nifty declined to 25,585.50, down 108.85 points.
• Negative global cues, including President Trump's proposed tariffs on European nations for Greenland, fueled market volatility.
• Uncertainty over Kevin Hassett's appointment as US Fed Chair impacted sentiment regarding future rate cuts.
• India VIX rose over 5% to 11.98, indicating increased investor caution, alongside persistent FII selling for the 9th consecutive session.
• Weak Q3 results from companies like Wipro and ICICI Bank also contributed to the market decline.

Why It Matters: Indian markets fell due to global trade tensions, FII selling, Fed speculation, and disappointing Q3 earnings.