External factors

So many reaons

It is undoubtedly clear from the trend of the share market visible in last three -four moths that politicians and the FII have close nexus between them and obviously they are playing the game jointly .Heavy funds of political leaders is also involved and the market is pulled up by FII's as and when they like.
It is now crystal clear that entire stock market is in the hands of a few FII's who are manipulating rate of any company as per their sweet will. They first pull the rate very high and sell it slowly to book profit at the cost of small investors.

Rise in stock market has got no relevance with their fundamental values. In the nineties there was only one Harshad Mehta and now there are many Harshad Mehta or Ketan Parikh like players in the stock market who can twist the market as per their likings.

Stock market has become more or less equal to gambling where a veteran player with cards like 2 or three can force the ace holder to surrender only due to his money power. Due t ...more

Indian and other Intl stock markets are interdependent
Other factors
Oil price fluctuations
China stock market correction

There are number of reasons but the most un-reported one is Year ending. Lot of people are trying to sale their holdings to book profits or even may be losses.