Indian equity markets extended their decline for a third to fourth consecutive session, with both the Sensex and Nifty trading lower. Key factors contributing to the downturn include persistent foreign fund outflows, concerns over potential U.S. tariff hikes on Indian goods, and ongoing geopolitical tensions. While some sectors like IT and consumer durables saw gains, others such as auto, oil & gas, and metals experienced declines. Investors are adopting a cautious approach ahead of upcoming earnings announcements and U.S. economic data.