Sensex Drops Over 750 Points, Nifty Slips Below 25,050: Key Factors Behind the Market Decline
** Sensex & Nifty Extend Selloff**
Indian equities remain under heavy pressure, marking a **third straight session** of sharp declines. Global volatility and lukewarm domestic earnings have combined to erode investor sentiment, triggering a significant erosion in overall market capitalization.
**Heavyweights Drag Indices Down**
The downturn was accelerated by disappointing quarterly performances from key market leaders. **Reliance Industries** and **ICICI Bank** both reported results that failed to meet street expectations, weighing heavily on the benchmarks and dampening confidence.
**Global Headwinds Persist**
Beyond domestic data, geopolitical tensions are rattling sentiment. Escalating rhetoric and threats from **U.S. President Trump** have introduced fresh uncertainty, further reducing risk appetite across the broader market.