Indian indices closed sharply lower with the Sensex down over 950 points and the Nifty falling below 24,000. Key drags were ICICI Bank, Reliance Industries, and HDFC Bank. Here are 5 reasons behind today's market mayhem.

The Indian stock markets ended Tuesday on a negative note, with both benchmark indices closing sharply lower. The Sensex dropped 502 points (-0.62%) to settle at 80,182.20, reflecting broad-based selling pressure. Similarly, the Nifty 50 index fell 137 points (-0.56%) to close at 24,198.85, weighed down by losses in key sectors.

Indian stock markets witnessed a sharp decline on Wednesday, with the Sensex falling 1,064 points to close at 80,684.45, while the Nifty50 dropped 332 points to settle at 24,336.

The Sensex and Nifty ended lower on Wednesday, reflecting cautious sentiment in the market. The Sensex declined 236.18 points (-0.3%) to close at 81,289.96, while the Nifty fell 93.10 points (-0.38%) to settle at 24,548.70.

Indian equity markets ended Tuesday’s session with modest gains as investors remained cautious ahead of key economic data later in the week. The Sensex added 16.09 points (+0.02%) to close at 81,526.14, while the Nifty 50 rose 31.75 points (+0.13%) to settle at 24,641.80.

Indian equity markets ended nearly unchanged on Monday as investors remained cautious ahead of key inflation data. The Sensex dipped marginally by 1.59 points to close at 81,510.05, while the Nifty 50 slipped 8.95 points (-0.04%) to settle at 24,610.05.

Markets closed in red as Sensex fell 200.66 points (-0.25%) to 81,508.46, and Nifty dropped 58.80 points (-0.24%) to 24,619. FMCG stocks led declines, with Godrej Consumer plunging 11%.

Indian stock indices snapped their five-day winning streak on Friday, ending lower after the Reserve Bank of India's CRR cut. The Sensex closed 56.74 points down at 81,709.12, while the Nifty dropped 30.60 points to 24,677.80.

Sensex closed over 800 points higher, crossing the 82,000 mark intraday, while Nifty ended above 24,700. In the past five trading sessions, Sensex has surged over 2,700 points despite weak Q2 earnings and lower-than-expected GDP data.

Nifty closed 10.30 points (0.04%) up at 24,467.45, led by gains in banking stocks on expectations of a CRR cut by the RBI. S&P BSE Sensex added 110.58 points (0.14%) to close at 80,956.33.