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<h1>Sensex and Nifty Plunge Amid Foreign Fund Outflows and Pre-Earnings Season Caution; Tata Steel and Kotak Mahindra Lag.</h1> Benchmark equity indices Sensex and Nifty experienced significant declines due to foreign fund outflows and caution ahead of the earnings season. The Sensex dropped 1,263.16 points to 77,959.95, and the Nifty fell 403.25 points to 23,601.50. Major laggards included Tata Steel, Kotak Mahindra Bank, and others, while Titan and Bajaj Finance were the only gainers. Foreign Institutional Investors sold equities worth Rs 4,227.25 crore. Asian markets showed mixed trends, with Seoul trading higher and Tokyo, Shanghai, and Hong Kong lower. Brent crude oil prices also decreased slightly to USD 76.23 a barrel.