Sensex Plunges 359 Points Amid FII Exodus and Rupee Woes - Nifty Crashes Below 25,100

Foreign investors flee Indian markets as currency weakness triggers massive selloff.

The Great Unwinding

Foreign institutional investors pull billions from Indian equities, sending shockwaves through Mumbai's trading floors. The rupee's persistent decline against the dollar fuels the exodus, creating perfect storm conditions for market carnage.

Technical Breakdown

Nifty's decisive break below the 25,100 support level signals deeper correction ahead. Trading volumes spike as panic selling grips institutional portfolios. Banking and IT stocks lead the declines, mirroring global risk-off sentiment.

Currency Conundrum

Rupee weakness compounds foreign investor headaches, eroding dollar-denominated returns. Central bank intervention fails to stem the bleeding as macroeconomic pressures mount. Import-heavy sectors face margin compression from dual currency and input cost shocks.

Another day, another 'temporary correction' according to analysts who've been wrong about every major market move this decade. The only thing falling faster than the Sensex? Investor confidence in traditional finance's predictive abilities.