NIFTY 50 closed at 24,857.05, down 284.35 points (🔻1.13%).
📌 Key Highlights:
• 📊 Broad Market Sell-Off: Major sectors including IT, Banks, and Auto witnessed heavy selling pressure.
• 💸 Profit Booking: Investors booked profits after recent highs, contributing to the decline.
• 🌍 Weak Global Cues: Mixed global signals and Fed uncertainty weighed on sentiment.
• 🏦 Banking Stocks Drag: Nifty Bank index fell sharply, adding to the market pressure.
• 📉 Volatility Up: India VIX rose, indicating nervousness among investors.
🔍 Stay cautious and monitor macroeconomic data and global market trends for direction.
