Share Market Plunges: Sensex Dips 550 Points, Nifty Below 25,900 Amid 5 Key Factors

• Indian stock markets saw a second consecutive day of decline, with Sensex falling 550 points and Nifty dropping below 25,900.
• Key reasons include the rupee hitting a record low of 90.87 against the US dollar and continuous selling by Foreign Institutional Investors (FIIs).
• FIIs withdrew Rs 1,468.32 crore on Monday, marking the 12th consecutive day of net selling, with Rs 21,073 crore pulled out in December.
• Weak global cues, including lower US and Asian markets, and investor caution ahead of crucial US jobs data also contributed to the fall.
• Increased volatility due to the weekly expiry of Nifty derivatives further impacted market movement, with IT, banking, and metal stocks hit hardest.

Why It Matters: Indian markets fell sharply due to a weak rupee, FII selling, global cues, US jobs data anticipation, and Nifty expiry volatility.