
Indian equity markets extended losses for a third consecutive session amid escalating geopolitical tensions, renewed US tariff threats on European countries over Greenland, and persistent foreign institutional investor selling. The Sensex fell over 1,000 points intraday, slipping below 82,000, while the Nifty breached the 25,000 mark and its 200-day moving average. Weak global cues, subdued corporate earnings, and a record-low rupee further dampened sentiment. Despite early sharp declines, value buying led to partial recoveries, though volatility remained elevated with India VIX spiking. Analysts caution ongoing uncertainty may sustain market volatility in the near term.
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