Domestic equity indices plunged on Monday, reversing a two-day rally. The Nifty fell below 22,350 after reaching an intraday high of 22,526.60. While banking and metal stocks took a beating, healthcare, pharma, and IT sectors bucked the trend and closed higher. Meanwhile, broader markets suffered heavy losses. Analysts expect continued weakness due to SEBI's push for stress tests on mid- and small-cap mutual fund schemes to address concerns about inflated valuations. Read The Rest at :