Indian Stock Markets End Lower for Third Consecutive Day as Sensex and Nifty Decline

Indian stock markets ended lower for the third consecutive trading session on Thursday. Negative signals from global markets and continuous selling by foreign portfolio investors (FIIs) pushed the benchmark indices down throughout the trading day.

Both the Bombay Stock Exchange (BSE) Sensex and the National Stock Exchange (NSE) Nifty registered significant losses. Global tensions, rising US treasury yields, increasing crude oil prices, and a depreciating rupee heavily weighed on investor sentiment.

Heavy selling pressure was observed particularly in IT, banking, and auto stocks. As investors offloaded their holdings, substantial equity wealth was wiped out during the session.

Market analysts suggest that volatility is likely to continue in the Indian stock markets over the coming days, heavily influenced by global cues and foreign capital flows.