Overview

• By 2:39 pm local time, the benchmark stood at 157,775, down 3.26% from Friday’s 163,098 close.
• The drop reversed a large portion of October’s earlier record run, which had seen the index top 169,000 multiple times.
• Heavy selling boosted turnover as investors rushed to cut exposure across the market.
• Losses were broad-based, with major sectors and blue-chip stocks registering sharp declines.
• Experts caution that volatility is likely to persist, though some traders are scouting for bargains pending clearer policy signals.