Market Mayhem: Nifty Plunges Below 25,400 Amid US-Europe Tensions, Midcaps Bleed

• Nifty drops over 200 points, falling below 25,400 for the first time since November 2023, driven by US-Europe tensions over Greenland.
• Major pressure on the market from RIL, L&T, Sun Pharma, and M&M; Bank Nifty also shows weakness.
• Midcap and smallcap indices slide over two percent each, with a poor Advance/Decline ratio of 1:5.5.
• Real estate stocks hit hardest, realty index down over four percent; Capital Market, Consumer Durables, defense IT, chemical, and auto sectors also decline.
• Expert Anuj Singhal advises shorting every rally and not holding positions overnight, anticipating Nifty could fall to 25,100.

Why It Matters: Market faces widespread selling due to geopolitical tensions and poor earnings, with experts advising caution and shorting rallies.