Domestic equity benchmarks Sensex and Nifty slipped for the eighth consecutive session on Tuesday, reversing early gains, as sustained FII outflow dampened sentiment ahead of the RBI’s policy decision due on Wednesday, October 1.

At the closing bell, the Sensex shed 97.32 points, or 0.12 per cent, to settle at 80,267.62, taking its eight-day losing streak to nearly 2,746 points. The Nifty50 slipped 23.80 points, or 0.10 per cent, to end at 24,611.10. Advertisement

Vatsal Bhuva, Technical Analyst at LKP Securities, on the monthly expiry day, said the 50-pack index ended weak, facing stiff resistance near its 100-day EMA around the 24,750 zone.

“The index has been forming a lower highs–lower lows pattern for the past three sessions, highlighting strong bearish control. Unless Nifty recla

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