The Indian stock market has experienced a significant downturn, with the Sensex falling 4.53% and the Nifty 4.44%, marking the biggest drop since June 2022. The decline was driven by several factors, including intensified geopolitical concerns, particularly in West Asia, and heavy foreign institutional investor (FII) sell-offs. The market's three-week rally was snapped, and the Nifty index plunged by more than 1,100 points in just four trading sessions, falling back to the 25,000 mark. Indian equity markets hit a two-year low, with sectors such as auto, banks, infrastructure, and energy witnessing heavy selling pressure. Smallcap and midcap indices also dropped by 3%. Analysts are forecasting further corrections, with some predicting a potential 10% drop, and the Nifty likely to end the year between 25,000 and 27,000. Key factors to watch in the coming weeks include RBI policy decisions, crude oil prices, and Q2 earnings reports.