Sensex, Nifty Plunge: Investors Lose ₹3 Lakh Cr; Dec 17 Outlook & Key Levels

• Indian stock markets (Sensex, Nifty) closed significantly lower on December 16, with investors losing over ₹3 lakh crore.
• Weak global cues and a record low rupee contributed to widespread selling across most sectors.
• Nifty's crucial support is at 25750-25700, with resistance at 25950-26000; Bank Nifty shows weakening momentum.
• Experts predict continued bearish sentiment for Nifty, potentially testing 25700, with 25950-26000 as key resistance.
• "Sabka Bima, Sabki Raksha Bill 2025" for insurance changes is expected to be discussed in Lok Sabha.

Why It Matters: Indian markets saw a sharp decline, with experts predicting continued bearishness and key levels to watch.