Stock Market Plunges: Sensex Dips 400 Points, Nifty Below 25750 Amid Profit Booking

• Indian stock markets, Sensex and Nifty, saw early gains erased, with Sensex falling 400 points from its day's high and Nifty slipping below 25,750.
• The market's initial rally to 84,000 (Sensex) and 25,850 (Nifty) was followed by significant profit booking by investors.
• Uncertainty surrounding a potential US Supreme Court decision on Donald Trump's tariffs contributed to cautious sentiment, though no immediate impact was noted.
• Continuous selling by Foreign Institutional Investors (FIIs) in January, including ₹4,781 crore on January 14th, pressured the market.
• Investors are now keenly awaiting Q3 results from major companies like Reliance Industries, ICICI Bank, and HDFC Bank, which could dictate future market direction.

Why It Matters: Profit booking, FII selling, and global uncertainty caused a sudden market drop after early gains.