The BSE Sensex dropped 539.34 points (-0.70%) to close at 76,933.59, while the NSE Nifty 50 fell 116.90 points (-0.48%) to settle at 24,090.85. Volatility spiked during afternoon trade due to monthly futures and options (F&O) expiry pressure, leading to broad-based selling across banking and automotive counters.
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