Market Performance - Stock markets experienced a decline for the fourth consecutive day, with the benchmark Sensex falling by 31 points to settle at 85,107 points [2][3] - The Sensex opened lower and dropped by 375 points, reaching a low of 84,763 due to profit-taking [2][3] - The NSE Nifty index decreased by 46 points, closing at 25,986, after a flat start and remaining range-bound for most of the session [2][3] Influencing Factors - Persistent foreign fund outflows negatively impacted investor sentiment [2][3] - The Indian rupee breached the psychological level of 90 to the dollar, contributing to the market's decline [2][3] Company-Specific Movements - Bharat Electronics saw the largest decline among Sensex firms, falling by 2% [2][3] - Other major laggards included Mahindra & Mahindra, Titan, NTPC, State Bank of India, Adani Ports, Tata Motors Passenger Vehicles, and Bajaj Finserv [2][3] Recovery Efforts - Gains in the IT sector and blue-chip companies such as ICICI Bank and HDFC Bank helped the Sensex recover some losses in the pre-close session [2][3]
Stock markets drop for 4th session amid FII outflows
The Times Of India·2025-12-04 01:29