Concept:
Phenol undergoes electrophilic substitution reactions easily because the hydroxyl group (\(-OH\)) strongly activates the benzene ring and directs incoming electrophiles to the ortho and para positions.
Step 1: Reaction with concentrated nitric acid.
When phenol reacts with concentrated nitric acid, strong nitration occurs due to the highly activated aromatic ring.
Step 2: Formation of trinitro compound.
Three nitro groups (\(-NO_2\)) are introduced at the 2, 4, and 6 positions of the benzene ring.
The product formed is:
\[
\text{2,4,6-trinitrophenol}
\]
This compound is commonly known as Picric Acid.
Step 3: Conclusion.
Hence, the reaction of phenol with concentrated \(HNO_3\) produces Picric Acid (2,4,6-trinitrophenol).