<ul><li>Indian stock markets, including Nifty 50 and Sensex, fell over 1% due to negative global cues and fears of a higher fiscal deficit in the US.</li><li>US President Donald Trump's efforts to pass his spending and tax-cut bill heightened market uncertainty, impacting Indian markets.</li><li>Global concerns about the proposed tax-cut bill led to a decline in Asian markets, with major indices following suit.</li><li>The Indian rupee showed slight appreciation against the US dollar initially but later fell to a one-month low, influenced by global economic conditions.</li></ul>

Stock Market Crash: Nifty, Sensex Fall Over 1% — Key Drivers Behind Market Decline

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