Sensex Plunges 346 Points, Investors Lose ₹1.89 Lakh Crore Amid Foreign Selling

• Sensex fell 346 points, leading to a ₹1.89 lakh crore loss in investor wealth on BSE.
• Market weakness attributed to continuous selling by foreign investors and rising crude oil prices.
• Low trading volumes towards year-end and cautious global market sentiment also contributed to the decline.
• Auto, IT, pharma, realty, and power sectors saw the biggest declines, falling 0.4% to 0.9%.
• Tata Steel, Asian Paints, Eternal, NTPC, and Axis Bank were among the few gainers; Adani Ports, HCL Tech, Power Grid, Trent, and Bharat Electronics were top losers.

Why It Matters: Indian markets saw a significant dip due to foreign selling and high crude oil prices, wiping out investor wealth.