Sensex drops over 250 points, Nifty falls below 23,850. Why is market falling despite positive fundamental factors?

Indian stock markets experienced a decline on Monday as rising oil costs and geopolitical unrest took their toll. The technology sector saw the steepest losses, while overall market activity reflected a varied response. Analysts cite ongoing risks from Middle East conflicts, alongside a robust pipeline of upcoming IPOs expected to influence market liquidity significantly this September. Moreover, concerns over potential US interest rate increases are further complicating the economic landscape.