Taking Stock: Sensex slumps 715 pts, Nifty ends below 24,000; media, realty lead losses

The Sensex dropped 715 points and the Nifty closed below 24,000.

Media and realty sectors led the losses among sectoral indices.

The Nifty Midcap 100 fell 1% and the Nifty Smallcap 100 declined 1.5%, reflecting broader market weakness.