Nifty 50 plunged 1.26% intraday to 23,070 while Sensex shed 1.24% to 73,318.94, marking the steepest single-day drop in weeks as global chip stocks cratered and fresh Israel-Iran strikes sent oil prices surging more than $2.

Money Moves

• GQG Partners offloaded nearly Rs 5,750 crore in Adani Enterprises and Adani Energy Solutions via block deals; SBI Mutual Fund snapped up the entire lot, underscoring DIIs’ role as the market’s shock absorber.
• **Pharma...