Todays Market Fall probable reason?

Today's market decline occurred because DIIs failed to absorb FII selling. In the morning, the small and midcap indices were in the green, but they later fell due to a "sell on rise" market trend.Many retail investors, who have been trapped in stocks, are frustrated . They will sell whenever they see an opportunity. However, there has been no significant selling pressure in small and midcap stocks over the past week, indicating that the market is trying to form a base. Despite this, the upside remains restricted due to the prevailing "sell on rise" sentiment. After the U.S. market, FII now see China as an attractive investment destination. Even with the high U.S. 10-year bond yield, FIIs are investing in China because they expect higher returns there. In contrast, they do not see similar returns in the Indian market due to factors such as rupee depreciation and the rise in short-term capital gains tax. In a market with no clear upward or downward trend, the best strategy is to wait and watch. Whats your view in this ?