Indian Market Plunges: ₹7.5 Lakh Crore Lost on Fed Fears, IPO Surge

• Indian stock markets experienced a significant crash, wiping out ₹7.5 lakh crore in one day.
• The Nifty 50, midcap, and smallcap indices saw widespread declines, with most stocks in the red.
• Key triggers for the market fall include uncertainty from the US Federal Reserve meeting and a flood of new IPOs creating supply pressure.
• Experts advise avoiding weak stocks and see opportunities in engineering, pharma, and select renewable energy sectors.
• One expert predicts the Nifty's downside is limited, with a potential upward move after the current consolidation phase.

Why It Matters: Indian market crash wiped out ₹7.5 lakh crore, signaling investor risk and instability.