The Sensex and Nifty fell for the fourth consecutive day today. Here are the main reasons for the market drop?

1. Weakness in Global Markets: Declines in major global markets like the U.S. and Europe affected Indian markets as well. Global investor sentiment remains shaky, leading to selling pressure in Indian stocks.

   
   

2. Interest Rate Hike Concerns: Signals from the U.S. Federal Reserve and other central banks about possible interest rate hikes have worried investors. Higher rates could negatively impact stock markets as borrowing costs for companies increase.

   
   

3. Rising Inflation: Recently, India’s retail inflation surged to a 14-month high, creating concerns among investors. High inflation could put pressure on consumer spending and industrial demand.

   
   

4. Profit Booking: After recent gains in the market, investors are now booking profits by selling stocks, which has led to a downward trend.

   
   

5. Weakening Rupee: A weakening rupee against the U.S. dollar may lead foreign investors to withdraw funds from Indian markets, adding to the selling pressure.

   
   

6. High Crude Oil Prices: Elevated crude oil prices pose challenges for the Indian economy as they increase costs for companies and contribute to higher import expenses.

   

   
   

Due to these factors, both the Sensex and Nifty saw declines for a fourth straight day, with analysts advising caution for the coming days.