Sensex and Nifty plunge as India-Pakistan tensions escalate, with Sensex dropping 589 points and Nifty 207 points.

Indian stock markets experienced a major decline on Friday as the Sensex tumbled 589 points and the Nifty fell 207 points. The downturn was largely influenced by the escalating tensions on the India-Pakistan border. Additionally, profit-taking following a strong seven-session rally also played a role in the market’s drop. Investors were concerned about the geopolitical situation and its potential impact on the economy, leading to a sell-off in the stock market. The Sensex and Nifty’s sharp decline highlighted the volatility and sensitivity of the Indian markets to external factors. Traders will be closely monitoring the developments in the region and their implications on market trends in the coming days.

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