Global cues, FII selling drag Sensex 250 pts, Nifty below 25,900.

• Sensex fell 250 points from its day's high, and Nifty dropped below 25,900 due to weak global cues and foreign fund outflows.
• Key factors for the market decline included a divided US Fed stance on interest rates and Oracle's weak earnings outlook.
• Continued FII selling for the 10th consecutive session contributed to the market's downturn.
• A weak rupee against the US dollar and firm crude oil prices also pressured domestic equities.
• Despite overall market decline, Adani Enterprises and Kotak Mahindra Bank saw gains, while Asian Paints, Bharti Airtel, and Bajaj Finance lagged.

Why It Matters: Global factors are impacting your investments and the broader economy.