Stock Market Plunges 6th Day: Nifty, Bank Nifty Face Crucial Support Levels

• Indian stock market extends selling streak to sixth consecutive day, Nifty slips by 100 points near 25600.
• Reliance, Bharti, L&T, ICICI Bank weigh down the market; Midcap and Smallcap segments also soft.
• INDIA VIX jumps 8%; Pharma, Realty, Defense, Auto, Energy, Consumer Durables see significant selling.
• Technical analysts warn of further selling if Nifty breaks below 25,619 (100-DEMA), targeting 25,318.
• Bank Nifty shows weakness, breaking key support levels; 58,881 (50-EMA) is crucial for potential reversal.

Why It Matters: Indian markets continue a bearish trend, with Nifty and Bank Nifty testing critical support levels amid heavy selling.