Why is stock market down today? Sensex falls over 500 points, Nifty below 24,650; 5 factors behind the drop

Indian equity markets traded lower on Friday as escalating tensions in the Iran–Israel conflict weighed on investor sentiment. Weak global cues, rising bond yields and continued foreign investor selling also pressured benchmarks, even as select IT stocks showed resilience amid volatility in global financial markets and heightened geopolitical uncertainty.