Sensex, Nifty slide over 1% for second straight session: 4 reasons why markets fall today
Domestic equity markets continue to decline for the fourth consecutive day, with the benchmark and Nifty 50 dropping significantly. The IT sector takes a major hit, while rising crude oil prices raise inflation concerns and potential interest rate hikes. Geopolitical tensions between the US and Iran also add to the market’s downfall. Prime Minister Modi urges citizens to remain cautious.