Nifty plunges below 25800, Sensex drops 480 pts; broad market sell-off

• Indian stock markets saw a sharp decline; Sensex fell 480 points, and Nifty dropped 220 points to below 25800.
• Bank Nifty also declined over 300 points, while Midcap and Smallcap indices each fell more than one percent.
• RIL, ICICI Bank, M&M, and Asian Paints were among the top stocks exerting downward pressure on the market.
• INDIA VIX surged 10% in two days, indicating increased market volatility.
• Defense, Capital Market, Auto, IT, and Metal sectors experienced significant selling pressure, with Coforge down nearly 4%.

Why It Matters: Indian stock market plunges, impacting investor portfolios.