In the last 10 days, the Sensex and Nifty have corrected by over 5%. On Monday, stocks fell 2%. What’s the trigger? Rising cases of the Omicron variant have spooked investors—if mobility restrictions are back, the operating performance of companies across many sectors will tank. Investors are also concerned over foreign capital flow and tightening monetary policy by central banks. The forecast, going ahead, isn’t bright either. The selling pressure may continue.