Sensex Plunges 500 Points, Nifty Nears 25,600 After 3-Day Rally: 7 Key Reasons

• Indian benchmark indices, Sensex and Nifty 50, closed sharply lower on Thursday, ending a three-day rally.
• The market fall was broad-based, with midcap and smallcap indices also experiencing significant pressure.
• Key factors contributing to the decline include heavy selling in metal stocks, profit booking, and weak global cues.
• Limited FII buying, investor caution ahead of the RBI MPC meeting, and a rise in India VIX also impacted the market.
• The expiry of Sensex derivatives on Thursday further contributed to increased market volatility.