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<h1>Geopolitical Tensions Trigger Sharp Market Correction, Wiping Out Rs 5 Lakh Crore in Equity Valuations</h1> Equity markets experienced significant decline of Rs 5 lakh crore amid escalating tensions between India and Pakistan. The BSE Sensex dropped 0.51% to 80,334.81, with market capitalization eroding to Rs 4,18,50,596.04 crore. Defense reports indicated multiple attempted missile and drone attacks by Pakistan, which were neutralized by Indian defense systems. Market volatility was influenced by cross-border tensions and potential economic implications.