Why is market falling today? Sensex slumps 700 points, Nifty below 24,000. IT selloff among 5 key triggers

Indian stock markets fell sharply on Friday, with the Sensex declining 700 points and the Nifty slipping below 24,000, ending a five-day winning streak. Heavy selling in IT stocks led by Infosys and TCS, combined with weak global sentiment, triggered broad-based selling across the market. The decline reflected a cautious trading environment among investors.