Sensex Dips 500 Points, Nifty 170: 5 Reasons Behind Market Sell-Off

• Indian stock market opened in 'red' with Sensex down 489.91 points and Nifty 170.10 points due to profit-booking.
• Global market impact: Nvidia's stock fall after earnings and subsequent decline in Asian markets pressured Indian indices.
• FII selling: Foreign Institutional Investors withdrew ₹3,465.99 crore on Thursday, reducing liquidity and weakening sentiment.
• India VIX surged 3% to 13.44, indicating increased market volatility and investor panic.
• Geopolitical tensions in the Middle East and a weakening rupee (down 4 paise to 90.95 against dollar) also contributed to the market decline.