Indian Stock Market Plunges: Global Tech Sell-off, FIIs Exit Drive Fear

• Indian stock market saw significant declines on Friday, with Sensex falling 500 points and Nifty dropping 200 points.
• Global market pressure, particularly from a sell-off in US tech stocks, heavily influenced the downturn.
• Foreign Institutional Investors (FIIs) sold shares worth 3,465.99 crore rupees, further eroding market confidence.
• India VIX, the 'fear index,' rose by 3% to 13.44, indicating increased market uncertainty and investor caution.
• Investors are also awaiting domestic GDP data, contributing to a cautious market mood; technical analysis suggests potential for future upside.