Sensex Plunges 995 Points Intra-Day: 9 Reasons Behind Market Havoc

• Indian stock markets, Sensex and Nifty, saw a significant intra-day fall of 995.24 and 995 points respectively, before recovering to close with smaller losses.
• Key factors contributing to the market decline included profit booking, US President Trump's new 25% tariff announcement on countries trading with Iran (impacting India), and continuous selling by foreign investors.
• A weakening Rupee against the US Dollar, Nifty and Sensex derivatives expiry volatility, and disappointing Q3 results from major IT companies like TCS and HCL Tech also pressured the market.
• Rising crude oil prices and weak cues from other Asian markets further dampened investor sentiment.
• Experts suggest Nifty faces resistance at 25,900, with potential to fall to 25,620 if it fails to sustain above 25,775.

Why It Matters: Multiple factors, from global tariffs to weak corporate results, caused a sharp intra-day market fall.