BUZZ-India's benchmark indexes drop in the final session of 2024 dragged by IT

** India's Nifty 50 .NSEI and Sensex .BSESN drop about 0.25% each as elevated US Treasury yields continue to drag emerging markets

** Six of 13 major sub-indexes decline; IT .NIFTYIT falls 2%, the most

** Market under pressure since earlier this month when Federal Reserve signalled fewer rate reductions in 2025, which boosted yields

** TCS TCS.NS Infosys INFY.NS drop about 2% each; among top five Nifty laggards

** Smallcaps .NIFSMCP100 flat; midcaps .NIFMDCP100 off 0.3%

** Adani Wilmar ADAW.NS slides nearly 7% on Adani Group's plan to sell its entire stake in the consumer goods company, with 31% stake to be sold at a 7.2% discount to last close

** Lupin LUPN.NS gains 2.5% after buying diabetes drug Huminsulin in India from Eli Lilly LLY.N

(Reporting by Manvi Pant and Bharath Rajeswaran in Bengaluru)

((Manvi.Pant@thomsonreuters.com; +918447554364;))