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of <h1>Sensex and Nifty Drop for Third Session Amid Rising Crude Prices and FIIs Outflows; TCS Gains on Profit Rise.</h1> Equity benchmark indices Sensex and Nifty experienced losses for the third consecutive session due to rising crude oil prices, a strengthening dollar, and foreign institutional investor outflows. The Sensex fell by 241.30 points to 77,378.91, while the Nifty dropped 95 points to 23,431.50. Major laggards included IndusInd Bank, NTPC, and UltraTech Cement. In contrast, Tata Consultancy Services saw a nearly 6% rise following a significant profit increase. Despite positive IT sector performance, broader market sentiment remained subdued amid global economic concerns. Asian and European markets also traded lower, with US markets closed.
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