Sensex drops by 451 pts, Nifty ends below 23,650 on selling in blue-chips, FII outflows https://www.taxtmi.com/news?id=29184 Equity indices fell due to concentrated selling in heavyweight blue chip stocks and persistent foreign institutional investor outflows, amid weak global cues and a stronger dollar. Defensive sectors outperformed while cyclical sectors underperformed; breadth was negative. The principal index slipped below recent consolidation and traded beneath its 200 day moving average, with upcoming policy announcements and domestic earnings viewed as potential catalysts for further volatility. en-us Mon, 30 Dec 2024 16:37:18 +0530 Mon, 30 Dec 2024 16:37:18 +0530 TaxTMI RSS Generator Sensex drops by 451 pts, Nifty ends below 23,650 on selling in blue-chips, FII outflows https://www.taxtmi.com/news?id=29184 Equity indices fell due to concentrated selling in heavyweight blue chip stocks and persistent foreign institutional investor outflows, amid weak global cues and a stronger dollar. Defensive sectors outperformed while cyclical sectors underperformed; breadth was negative. The principal index slipped below recent consolidation and traded beneath its 200 day moving average, with upcoming policy announcements and domestic earnings viewed as potential catalysts for further volatility. News - Mon, 30 Dec 2024 16:37:18 +0530 https://www.taxtmi.com/news?id=29184