Share Market Highlights: Sensex falls 230 points, Nifty slips amid foreign outflows and geopolitical tensions

Sensex, Nifty updates on 11 October 2024: The Sensex fell 230.05 points, or 0.28%, closing at 81,381.36, while the Nifty 50 ended down 34.20 points, or 0.14%, at 24,964.25. The market was weighed down by foreign outflows, concerns over moderating earnings, geopolitical tensions, and high valuations. The rupee hit a record low against the U.S. dollar, down 0.1% at 84.06, pressured by rising oil prices and the exit of foreign investors from domestic equities. Top gainers on the NSE included Trent (+2.52%), Hindalco (+2.27%), HCL Tech (+1.73%), Tech Mahindra (+1.56%), and ONGC (+1.35%). Top losers were TCS (-1.93%), M&M (-1.80%), ICICI Bank (-1.62%), Cipla (-1.52%), and Adani Enterprises (-1.39%).