BSE Sensex falls 0.6% to 77,235.5, lowest since late July

India’s BSE Sensex closed about 0.6% lower at 77,235.5 on Tuesday, its weakest finish since late July and its third consecutive session of declines. The drop came as investors weighed elevated energy prices, geopolitical uncertainty and higher global bond yields, all of which typically curb appetite for risk assets. Sentiment was further pressured by reports that US President Donald Trump would not extend the 60-day ceasefire and that Iran was adopting a more aggressive stance. Foreign institutional investors also stayed on the selling side in Indian equities on Monday, adding to worries over overseas fund flows. Losses were broad across sectors, with IT and FMCG (fast-moving consumer goods) shares leading the retreat. Asian Paints fell 2.4%, Infosys lost 2%, HCL Tech dropped 1.9%, Bharti Airtel declined 1.8%, TCS slipped 1.5% and Hindustan Unilever eased 1.4%.

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