Market sentiment was dampened by overseas investors who were net sellers in pre-opening orders today for the fifth trading day in row, on fears that possible increases in interest rates in the US and Japan could raise their funding costs for investing in equities here.
There are serious worries consumer sentiment would deteriorate if possible U.S. military action lasts a long time,
Fundamentals are not really a worry. However, foreign investors are selling. If they start selling, other investors have a hard time buying aggressively.