Sensex crashes 700 points, Nifty 50 drops below 25,500— Why is the Indian stock market falling? Explained

The Sensex crashed nearly 700 points, or 0.80%, to an intraday low of 82,898.31, while the Nifty 50 dropped to 25,494.35 during the session, falling by nearly 0.80%. The BSE Midcap and Smallcap indices also fell by up to a per cent.