Indian markets plunged as Sensex dropped 1.59% to 77,965, and Nifty lost 1.62%, closing at 23,616. Concerns over Q3 earnings growth, rising foreign fund outflows, and fears of Human Metapneumovirus (HMPV) led to heavy selling. Utilities and banking stocks bore the brunt. Investor wealth declined by Rs 10.98 lakh crore. FIIs sold Rs 4,227 crore of equities on Friday, intensifying bearish sentiment across sectors.
