Stock Market Crashes: Sensex Plummets 1000 Points, Nifty Breaks 25,000 Amidst Global Turmoil

• Indian stock markets continued their sharp decline for the third consecutive day, with Sensex falling nearly 1000 points and Nifty breaking below the 25,000 level.
• The rupee hit a new all-time low of 91.28 against the dollar, driven by continuous dollar demand, geopolitical tensions, and foreign capital outflow.
• Foreign Institutional Investors (FIIs) were net sellers for the 11th consecutive day in January, withdrawing a total of ₹32,253 crore this month.
• Mixed December quarter results, particularly from the IT sector and private banks, failed to provide market direction, with some shares like Shoppers Stop falling significantly.
• Weak global cues, including heavy selling in US markets and negative trends in Asian markets, coupled with rising India VIX and escalating geopolitical tensions, contributed to the market downturn.

Why It Matters: Indian stock markets experienced a significant crash due to a weak rupee, FII selling, mixed earnings, and global uncertainties.