Share Market Plunges: Sensex Dips 525 Points, Nifty Below 25,200 on Profit Booking, Global Cues

• Indian share markets declined on January 29 after two days of gains, with Sensex falling 525 points and Nifty dropping below 25,200.
• Profit booking, particularly in IT, auto, and FMCG stocks, was a major factor after a recent rally.
• The US Federal Reserve's decision to maintain interest rates, signaling a potential long pause before cuts, impacted investor sentiment.
• A 4% surge in the India VIX index indicated increased investor anxiety and cautious trading.
• Weak global cues from Asian and US markets, pressure on auto stocks (Nifty Auto index down 1.5%), and rising crude oil prices also contributed to the market decline.

Why It Matters: Indian share markets fell due to profit booking, US Fed's rate pause, rising VIX, auto stock pressure, and weak global cues.