Post significant correction in the Nifty-50 index on Monday, analysts say the Nifty 50 index could face resistance from the 25956-26011 band while 25446 could offer support in the near term

Equity indices plummet 1.5% due to geopolitical risks, profit-taking, and foreign fund outflows, impacting major stocks globally.

After opening on a weak note, the selloff intensified in the last hour of trade, with the Sensex plunging over 1,200 points and the Nifty slipping below the critical 26,000 mark, reflecting growing caution among investors.

The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 26,305 level, a discount of nearly 40 points from the Nifty futures’ previous close.

Indian equities in Monday's trade after relentless gains over the previous week suffered sharp losses. At the last count, Sensex was down over 1.17 per cent or 1,001.6 points at 84,570.25, while the 50-share NSE benchmark Nifty 50 was down over 1 per cent or 292 points at 25,

A combination of global uncertainties and domestic profit booking has led to the recent stock market decline. Most stocks are trading in red.

The broader market faced selling pressure, though not as severe as the benchmarks. The BSE Midcap index declined by 0.4 percent, while the Smallcap index fell by 0.2 percent.

Sensex fell 700.29 points, or 0.82 per cent, to 84,871.56, with the BSE market capitalisation m-cap falling 3.15 lakh crore to Rs 474.77 lakh crore. A total of 2,101 listed stocks on BSE fell, while only 1,