Sensex Dips 300 Pts, Nifty Near 25,800 Amid Weak Global Cues & Auto Sell-off

• Indian equity benchmarks Sensex and Nifty fell for the fourth consecutive day.
• Sensex dropped 300 points from its day's high to 84,481.81; Nifty closed near 25,800 at 25,815.55.
• Weak global cues, including declines in Asian and US markets, contributed significantly to the downturn.
• Selling pressure in auto shares due to profit booking and rising Brent crude oil prices (up 0.65% to $60.07/barrel) also impacted market sentiment.
• Nifty's technical analysis suggests a potential rebound to 25,980, but failure to hold 25,850 could signal a near-term downtrend.

Why It Matters: Indian markets extended losses for a fourth day, driven by global weakness, auto selling, and rising oil prices.