🚦 Market Alert: Sensex Drops 600+ Points as Trade Tensions Rise

📉 Market Snapshot - Sensex tumbled over 600 points, slipping below 61,000, while Nifty fell under 24,800 amid heightened trade concerns. - Heavyweight banks

and led sector losses, dragging the banking index down. - State-run banks also edged lower, reflecting cautious sentiment. 🔍 Sector & Stock Insights - Mid- and small-cap stocks faced broad selling pressure, amplifying the negative momentum. - IT firms with significant U.S. exposure saw mild profit booking early in the session. 🌐 Global Cues - S&P 500 futures dipped 0.1% (12:26 p.m. Tokyo time), signaling cautious global risk appetite. - Japan’s Topix dropped 1%, while Australia’s S&P/ASX 200 slipped 0.4%. - Hong Kong’s Hang Seng eased 0.1%, but Shanghai Composite inched up 0.1%. - Euro Stoxx 50 futures declined 0.6%, reflecting broader global uncertainty. 📌 Did you know? India’s export exposure to the U.S. accounts for nearly 16% of total shipments, making tariff threats a significant risk factor for markets. ⚡ What’s next? Watch how trade developments unfold and which sectors could rebound or remain under pressure in the coming sessions.