The market is down today primarily due to a combination of factors including newly imposed U.S. tariffs on Indian exports, persistent foreign institutional investor (FII) selling, weak global market cues, and dollar strength. Additionally, concerns from disappointing corporate earnings results, especially in sectors like IT and financials, along with rising geopolitical tensions and economic slowdown fears, have contributed to negative investor sentiment. These elements together have caused significant declines in major indices like the Sensex and Nifty, with a notable increase in market volatility and broad-based selling pressure across sectors.