5 main reasons for stock market downtrend
(a) RBI hiking CRR and repo rates by 50 bps
(b) Political uncertainity
(c) Negative global cues
(d) Crude oil prices shooting up to $141.71/bbl
(e) Inflation at 11.42%.
2. Though there was no unexpected news but when market has to go down it cumulates the negative news and it all has pulled the market lower.
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