Markets Slide 3rd Day: Nifty Below 25,900, Sensex Dips 120 Pts

• Indian markets fell for the third consecutive session on December 17, with Sensex down 120.21 points and Nifty below 25,900.
• The decline was attributed to mixed global markets, sluggish US jobs data, persistent FII outflow, and a delayed India-US trade deal.
• Media and Realty sectors were the top drags, while the PSU Bank index saw gains.
• The Indian rupee appreciated by 66 paise to 90.37 against the USD, snapping a five-day losing streak.
• Nifty remains in a bearish grip, with 25,700 as crucial support and 25,950-26,000 as resistance.

Why It Matters: Indian markets fell for the third day, with Nifty below 25,900, driven by global cues and FII outflow.