Why is market falling today? Sensex slumps 800 points, Nifty below 23,950. IT selloff among 5 key triggers

Indian stock markets experienced a sharp downturn on Friday. The Sensex and Nifty saw significant declines, ending a five-day rally. Heavy selling pressure in IT stocks and weak global sentiment impacted investor confidence. Major IT companies like Infosys and TCS were among the biggest losers. The broader market also faced selling pressure, indicating a cautious trading environment.