Sensex drops 245 points on persistent foreign fund outflows

Equity benchmark indices Sensex and Nifty declined on Wednesday, extending their previous day's losses, due to weakness in IT, consumption, and select banking blue-chip stocks amid escalating geopolitical tensions.Photograph: Shailesh Andrade/ReutersBesides, persistent foreign fund outflows and fresh tariff-related uncertainties also unnerved investors, traders said. The 30-share BSE Sensex dropped 244.98 points, or 0.29 per cent, to settle at 83,382.71.During the day, it fell 442.49 points or 0.52 per cent ...