BENCHMARK INDICES SENSEX and Nifty ended lower on the final session of 2024 on Tuesday amid persistent foreign fund outflows and weak trends in the global markets.Falling for the second straight day, the 30-share BSE benchmark Sensex declined 109.12 points, or 0.14%, to settle at 78,139.01.Intra-day, it tanked 687.34 points, or 0.87%, to 77,560.79. The NSE Nifty dipped marginally by 0.10 points to settle at 23,644.80.The BSE benchmark Sensex hit its record peak of 85,978.25 on September 27 this year, and the NSE Nifty also reached the lifetime high of 26,277.35 on the same day."The final day of the year concluded with minor losses, despite a recovery from the day's lows. However, the pressure of consolidation is dragging the domestic momentum amid negative global cues and ongoing concerns over a strengthening dollar index and US bond yields."FII outflows and rising crude prices are pressuring the rupee and dampening sentiment. Nonetheless, the market's focus is expected to shift back to domestic Q3 results for insights into potential growth and earnings recovery and to the Union Budget, offering a short- to medium-term perspective amid global uncertainties,"Vinod Nair, Head of Research, Geojit Financial Services, said. -PTI

Sensex, Nifty fall in final session

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