Rs 3 lakh crore wiped out! Sensex tumbles 600 points, Nifty below 25,300. Key factors behind market decline

Sensex declined more than 600 points to 81,648, while , IndiGo, Here are some of the key factors pushing markets down today:1) FII sellingThe fall in stock markets comes as heavy selling by foreign investors may have dampened sentiment. Foreign institutional investors (FII) net sold Indian equities worth nearly Rs 3,466 crore earlier yesterday, according to data on Live Events2) Weak global marketsWall Street’s tech-heavy Nasdaq Composite index ended lower on Thursday as the tech rally failed to hold on t ...