Top reasons for fall in Indian Stock Market

1. Detection of Human Metapneumovirus (HMPV) cases in Karnataka & Gujarat has spooked investors

2. Foreign investors are pulling out funds, leading to reduced liquidity

3. Companies face their biggest profit downgrades since 2020, especially in FMCG & retail

4. A stronger USD & hawkish Fed policies are causing market pessimism

5. Overvalued stocks are triggering profit booking

6. Declines in banking & consumer sectors are dragging indices Down

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