The stock market has continued to disappoint. On Monday, the benchmark Sensex of the Bombay Stock Exchange (BSE) closed at a level of 78,248.13 with a huge drop of 450.94 points. Similarly, the National Stock Exchange (NSE) index Nifty 50 also slipped 168.5 points to close at the level of 23,644.90 at the end of trading. According to PTI news, among the 30 blue-chip companies, Tata Motors, Titan, Tata Steel, State Bank of India, Mahindra & Mahindra, NTPC, ICICI Bank, Maruti, HDFC Bank and Infosys were the biggest laggards amid continued withdrawal of foreign funds, weak trends in global markets and selling in blue-chip stocks. Zomato, Tech Mahindra, HCL Tech and IndusInd Bank were in profit. During today's trading, the BSE midcap index rose 0.13 percent, while the smallcap index fell 0.47 percent.

FII selling continues

According to the news, according to exchange data, foreign institutional investors (FIIs) sold shares worth Rs 1,323.29 crore on Friday. In Asian markets, Seoul, Tokyo and Hong Kong declined, while Shanghai rose. European markets declined. US markets closed in the negative zone on Friday. Global oil benchmark Brent crude fell 0.05 percent to $ 74.13 a barrel.

Investors are placing their bets on risky stocks

Stock market sentiment around the world looks weak at the end of the year, helped by a strong US dollar and rising bond yields. Experts say that amid uncertainty over Donald Trump's tariff policy, investors are betting on risky stocks. The newly elected US President Donald Trump will take office on January 20. Donald Trump's policy on trade can have a significant impact on dollar-rupee dynamics, foreign capital flows into India and the US Federal Reserve's fight against inflation.

Their condition looked bad in the sectoral index

Talking about sectoral indices, Nifty Media fell by 1.87 percent, Realty by 1.54 percent, Auto by 1.43 percent, Metal by 1.27 percent. Apart from this, all banking and financial indices declined. Also, Nifty Bank index fell by 0.70 percent, while PSU Bank and Private Bank indices saw weakness of 1.18 percent and 0.63 percent respectively.