BSE Sensex drops 0.6% for third straight session
India’s BSE Sensex closes about 0.6% lower at 77,235.5 on Tuesday, its third consecutive losing session and the lowest since late July amid risk-off sentiment.
India’s BSE Sensex closed about 0.6% down at 77,235.5 on Tuesday, the lowest since late July, marking the third straight session of losses.
The weakness reflects a broader risk-off mood as investors assess the impact of elevated energy prices, geopolitical uncertainty and rising global yields.
Fears of renewed escalation grew after reports that US President Donald Trump would not extend the 60-day ceasefire, while Iran was said to be taking a more aggressive stance.
Foreign institutional investors also remained sellers in Indian equities on Monday, adding to concerns over foreign flows.
Selling pressure was seen in several sectoral indices, led by IT and FMCG stocks.
Asian Paints led losses, sliding 2.4%, followed by Infosys (-2%), HCL Tech (-1.9%), Bharti Airtel (-1.8%), TCS (-1.5%) and Hindustan Unilever (-1.4%).