Why is stock market down today? BSE Sensex drops over 800 points, Nifty50 below 24,000 as IT stocks crash - top 5 reasons for fall

The decline followed a robust run over the previous five sessions, during which the benchmark indices had surged nearly 5%. Adding to investor caution, India VIX, the market's volatility gauge, climbed nearly 5% to 13.30 in early trade on Friday.

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