Sensex, Nifty Extend Decline on Fed Jitters, FII Outflows, Rupee Weakness

• Indian equities declined due to caution ahead of the U.S. Federal Reserve's rate decision.
• Global markets showed weak sentiment, contributing to pressure on Indian stocks.
• Persistent selling by Foreign Institutional Investors (FIIs) led to significant outflows.
• Nifty's weekly derivatives expiry on December 9 added to market volatility.
• A weakening rupee, trading at Rs 90.15 per dollar, further pressured domestic equities.

Why It Matters: Global uncertainty and domestic issues are causing significant Indian market instability.