7 reasons why markets are falling today: Sensex sinks 1,600 points, Nifty below 24,700
The markets have taken a hit as tensions rise in West Asia with Iran and Israel launching new attacks. Sensex and Nifty have dropped significantly, while small-cap and midcap stocks are also under pressure. Investors are worried about the impact on sectors like L&T and Voltas. Global tensions, oil prices, currency weakness, and economic uncertainty have contributed to the market's decline.