Why has Indian stock market been falling for 5 days?
Sensex shed 1,062 points to end at 72,404 while Nifty slipped below 22,000 in the fifth-straight session of fall on Thursday. Uncertainty around general election results has significantly bolstered India's volatility gauge, India VIX, Arvinder Singh Nanda of Master Capital Services said. Underwhelming Q4 FY24 earnings, US Fed's hawkish stance, rising crude & FIIs' selling contributed to the fall.