The Indian stock market crashed at the opening today, driven by early trends from the Bihar election results and weak global cues. The NIFTY fell by close to 80 points, trading below 25,800, while the Sensex declined around 254 points to trade at 84,225. The Bank Nifty also dropped by 100 points.

Of the BSE’s top 30 stocks, 13 are trading higher. Shares like Asian Paints and Trent were the biggest gainers, while 17 are trading lower. Tata Motors Commercial Vehicles (TMCV) recorded a fall of more than 3%.

Current market trends show pressure in the IT, FMCG, and auto sectors, while PSU and private banks continue to demonstrate gains.

Reasons for Today’s Decline

Diminished expectations of a FED rate cut in December, along with sharp declines in Asian and US markets, are being reflected in

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