Rs 3 lakh crore wipeout! Sensex sheds over 900 pts from day’s peak, Nifty sinks 1%. 5 factors behind market decline

Indian equities slipped on Tuesday after a brief morning rally, with benchmarks giving up early gains and wiping significant market value. Selling pressure was fueled by profit-taking in heavyweights, rising crude prices, foreign fund outflows, rupee weakness, and fragile technical momentum, leaving investors cautious amid persistent volatility.