Sensex, Nifty Dip as Foreign Outflows, Global Cues Weigh on Markets

• Indian equity markets, Sensex and Nifty, experienced a decline due to significant foreign fund outflows and cautious global cues.
• The Sensex dropped 244.98 points to 83,382.71, and the Nifty 50 fell 66.70 points to 25,665.60 on Wednesday.
• Foreign institutional investors recorded net outflows of Rs 1,499.81 crore ($166 million), marking the seventh consecutive selling session.
• Global markets, including Asian markets and US indices, were mostly lower, adding to the downward pressure on Indian equities.
• Investor sentiment was further impacted by ongoing geopolitical tensions, firmer crude prices, and uncertainties surrounding US tariff rulings.

Why It Matters: Indian markets declined due to foreign fund outflows, weak global cues, and tariff uncertainties.