Sensex Down Over 850 Points From Day's High — Three Reasons Why Markets Are Falling Today

The BSE Sensex experienced a significant decline, plummeting 870 points to reach an intraday low of 82,864, while the Nifty 50 also faced setbacks, dropping 252 points to hit 25,568. This downturn in the Indian stock market can be attributed to several factors. Firstly, global cues have been unfavorable as investors reacted to rising bond yields and concerns over inflation in major economies. Secondly, domestic economic data has raised alarms, particularly regarding lower-than-expected corporate earnings, which have contributed to investor pessimism. Lastly, geopolitical tensions have added to market volatility, prompting traders to adopt a risk-off approach. As a result of these combined pressures, the markets reflect a cautious sentiment, with many investors closely monitoring upcoming economic indicators and global developments that could further influence market dynamics.
Originally reported by NDTV Profit. Read original article
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