{"id":294247,"date":"2026-10-08T11:17:15","date_gmt":"2026-10-08T05:47:15","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=294247"},"modified":"2026-10-08T11:17:15","modified_gmt":"2026-10-08T05:47:15","slug":"why-is-the-stock-market-down-today-3-factors-sensex-nifty-50-fall-8-october","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-is-the-stock-market-down-today-3-factors-sensex-nifty-50-fall-8-october\/","title":{"rendered":"Why Is the Stock Market Down Today? The Top 3 Factors Behind the Sensex and Nifty 50 Fall on 8 October, How Much Each Matters, Why IT Stocks Rose 1.8% and Whether the Pressure Can Last"},"content":{"rendered":"

8 Oct: Nifty 50 -0.76%, Sensex -0.63%, IT +1.8% led by TCS. 3 factors: RBI calibrated tightening, crude near $101, global yields and Fed minutes. FIIs sold Rs 6,121 cr.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The answer to why is the stock market down today is that the Nifty 50 fell about 0.76% and the Sensex about 0.63% on 8 October, extending Wednesday’s loss, because of three factors: the RBI’s hawkish rate hike with a shift to calibrated tightening, crude oil near $101 and rising global bond yields with Federal Reserve minutes pointing to another US hike. Foreign investors sold Rs 6,121 crore on Wednesday, which made each of these worse, while the Nifty IT index rose about 1.8% led by TCS ahead of its results, which limited the fall. By my calculation from the reported percentages the Nifty is near 22,431 and the Sensex near 72,181, about 1.1% above the Nifty’s 52-week low of 22,182.55, so the market is close to its lows. The RBI stance is the factor most likely to last, since it signals no rate cut soon, while oil and yields can reverse quickly.<\/p>\n<\/p><\/div>\n

Why is the stock market down today is the question after the market gave up the gains of the previous two sessions, when weak US jobs data and easier crude had lifted it. The three drivers that supported the market earlier this week, a lower chance of a Fed hike, easier oil and a calmer RBI, have all turned the other way.<\/p>\n

If you want a quick, ranked answer, this article covers why is the stock market down today in three factors, the Sensex and Nifty fall of 0.63% and 0.76%, the RBI hawkish hike to 5.50% with calibrated tightening, crude oil prices near $101, global yields and Fed minutes, FII selling of Rs 6,121 crore, the TCS-led IT rise, key levels such as the 52-week low of 22,182.55 and what to watch next.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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