Indices like Nifty and Bank Nifty have fallen more than 10% in the last 5 sessions. The major factors behind the fall are

1. Continuous selling pressure from FIIs (FIIs have sold more than 20000 crores in the last 5 trading sessions)
2. US Inflation data
3. A new variant of coronavirus (New panic situation has started globally regarding the new variant. WHO has also concluded that the new variant is quite dangerous)

All these factors are combinedly influencing the Indian markets. The majority of the financial advisors are expecting a further fall in the market. Meanwhile, it is a good opportunity to invest in the long term.