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Sensex Drops 600 Pts, Nifty Slips Below 24,850: 3 Reasons Behind Tuesday’s Market Fall

OutlookIndia · 23d

The stock market experienced a decline on Tuesday, as the Sensex fell over 600 points and the Nifty slipped below 24,850. Key reasons for this fall include profit booking, which led to bearish market sentiment, mixed Q4 earnings that underperformed expectations, and waning bullish sentiment among investors. Despite these challenges, mid- and small-cap segments showed resilience supported by better-than-expected earnings, whereas large-cap stocks continued to underperform amid the downturn.