Sensex drops 120 pts on foreign fund outflows
Rediff·2025-12-17 11:08

Market Performance - Stock markets experienced a decline for the third consecutive day, with the benchmark Sensex closing lower by 120.21 points or 0.14% at 84,559.65, marking a week's low [2][3] - The NSE Nifty also fell by 41.55 points or 0.16% to a week's low of 25,818.55 [4] Major Contributors - Among the Sensex firms, major laggards included Trent, HDFC Bank, Adani Ports, ICICI Bank, Bajaj Finserv, Bharat Electronics, Titan, and Asian Paints [4] - Conversely, State Bank of India, Infosys, Axis Bank, and Maruti were among the gainers [4] Foreign and Domestic Investment - Foreign Institutional Investors (FIIs) sold equities worth Rs 2,381.92 crore, while Domestic Institutional Investors (DIIs) purchased stocks worth Rs 1,077.48 crore [5] Global Market Context - In Asian markets, indices such as South Korea's Kospi, Japan's Nikkei 225, Shanghai's SSE Composite, and Hong Kong's Hang Seng ended positively [5] - Brent crude oil prices increased by 2.12% to $60.17 per barrel [5]