Share Market Plunges: Sensex Dips 300 Pts, Nifty Below 25900 Amid FII Sell-off & Global Weakness

• Indian stock markets turned red on December 30, with Sensex dropping 300 points from day's high and Nifty falling below 25,900.
• Foreign Institutional Investors (FIIs) continued their selling spree, offloading shares worth Rs 2,759.89 crore on Monday, marking the fifth consecutive day of selling.
• Weak global cues from Asian and US markets, coupled with Nifty's weekly and monthly F&O expiry, fueled market volatility.
• Profit-booking in IT, pharma, and realty sectors, along with rising crude oil prices, further pressured benchmark indices.
• Technical analysis suggests Nifty's inability to hold above 26,050–26,077 indicates weakness, potentially pushing it towards 25,850.

Why It Matters: Indian markets fell due to FII selling, weak global cues, Nifty expiry, profit-booking, and rising crude prices.