Stock market crash: Nifty 50 drops below 25,550, Sensex sheds 2,700 points in 6 days; why is Indian stock market down?

Over the six consecutive sessions, the Sensex has tanked over 2,700 points, or more than 3%, while the Nifty 50, too, has shed more than 3%. Investors’ wealth has been eroded by more than ₹16 lakh crore in six sessions.