Sensex, Nifty Plunge for 3rd Day; Experts Predict Cautious Trading Ahead

• Indian equity indices Sensex and Nifty closed in the red for the third consecutive session on December 17.
• Nifty fell 42 points to 25,818.55, while Sensex dropped 120 points to 84,559.65, driven by rupee weakness and foreign outflows.
• Mid and small-cap segments saw more pronounced declines; PSU Bank index rose, while Media, Private Bank, and others fell.
• Experts Aakash Shah and Ashish Kyal indicate a sideways to negative short-term trend for Nifty, with crucial support at 25,700 and resistance at 26,000-26,060.

Why It Matters: Market remains cautious with Nifty facing resistance; experts advise vigilance for December 18.