Sensex Dips 500 Points, Nifty Below 25,650: 7 Factors Behind Market Decline

• Indian benchmark equity indices Sensex and Nifty fell sharply on Thursday, snapping a three-day rally.
• The Sensex dropped 503.76 points (0.6%) to 83,313.93, while the Nifty declined 133.20 points (0.52%) to 25,642.80.
• Key factors for the decline include selling in metal shares, profit booking, weak global cues, and thin FII buying.
• Market caution ahead of RBI MPC outcome, higher India VIX, and Sensex derivatives expiry day volatility also contributed.
• Hindalco Industries, InterGlobe Aviation, and Tata Motors Passenger Vehicles were major laggards.