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Sensex drops 633 pts, Nifty below 22,600 amid global market selloff

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Indian equity markets extended their decline on Wednesday, with the BSE Sensex falling 633 points and the Nifty50 slipping below 22,600. By around 10:25 AM, the Sensex was trading at 72,138.99, down 0.87%, while the Nifty50 stood at 22,586.60, a loss of 0.85%. Domestic markets tracked broader weakness across global equities, mirroring an overnight selloff on Wall Street. The tech-heavy Nasdaq had dropped over 0.9% and the S&P 500 declined approximately 0.8% in the previous US trading session.

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