Market downfall ke reasons complex aur multifaceted hote hain. yahaan kuch possible causes diye gaye hain¹:

- *Speculation*: Excessive speculation market collapse ka ek bada reason ho sakta hai. Jab investors bina research ke stock buy karte hain aur market mein speculative bubble create hota hai, to market crash ho sakta hai.

- *Excessive Leverage*: Jab investors borrowed money se stock buy karte hain aur market unke against jata hai, to unhein significant losses face karne pad sakte hain. Yeh leverage market volatility ko badha sakta hai.

- *Interest Rates*: Higher interest rates se borrowing costs badh jate hain, jisse purchasing activity slow ho jati hai aur stocks fall ho sakte hain.

- *Political Environment*: Wars, elections aur policy changes se market uncertainty create ho sakti hai, jisse investors cautious ho jate hain.

- *Tax Changes*: Tax policies mein changes se market sentiment impact ho sakta hai.

Indian market ke context mein, haal hi mein kuch factors jo market downfall ka reason ban sakte hain²:

- *US Elections*: Uncertainty around US presidential elections se global markets impact ho sakte hain.

- *Fed Meeting*: US Federal Reserve ki policy meetings se interest rates aur market sentiment impact ho sakta hai.

- *Corporate Earnings*: Companies ki disappointing earnings reports se market sentiment weak ho sakta hai.

- *Oil Prices*: Oil prices mein utaar-chadhaav se market volatility badh sakti hai.

In factors ke alawa, market downfall ke aur bhi bahut se reasons ho sakte hain. Investors ko market trends aur news par नजर rakhni chahiye aur apne investment decisions accordingly lene chahiye.