Sensex Falls 0.2%

India’s BSE Sensex finished about 0.2% down at 77,966 on Wednesday, marking the second day of losses.

Caution ahead of the upcoming Indian and US inflation reports was heightened by US-Iran tensions and the continued uncertainty over the reopening of the Strait of Hormuz, supporting higher crude oil prices.

Meanwhile, foreign inflows persisted.

Tata Group stocks led the decline, with Tata Consultancy Services (TCS) plunging 3.7% and acting as a major drag.