Sensex tumbles 534 pts dragged by foreign fund outflows, weak global trends

Market Performance - The Benchmark Sensex fell by 533.50 points or 0.63% to close at 84,679.86 [2][3] - The Nifty index dropped by 167.20 points or 0.64% to 25,860.10 [5] - During the trading session, the Sensex experienced a decline of 592.75 points or 0.69% [4] Sector Performance - Among Sensex firms, Axis Bank saw the largest decline, dropping by 5.03% [6] - Other notable laggards included HCL Tech, Bajaj Finserv, Tata Steel, UltraTech Cement, and Bajaj Finance [6] - Conversely, Titan, Bharti Airtel, Mahindra & Mahindra, and Asian Paints were among the gainers [6] Foreign Investment Trends - Foreign Institutional Investors (FIIs) sold equities worth ₹1,468.32 crore, while Domestic Institutional Investors (DIIs) purchased stocks worth ₹1,792.25 crore [7] - The continued weakness of the Indian Rupee, driven by persistent FII outflows, negatively impacted domestic markets [8] Global Market Influence - Asian markets, including South Korea's Kospi, Japan's Nikkei 225, Shanghai's SSE Composite, and Hong Kong's Hang Seng, ended sharply lower [7] - European markets showed mixed performance, while US markets closed in negative territory [7] - Brent crude oil prices decreased by 1.54% to $59.63 per barrel [9]