Indian equity markets experienced a broad-based decline, with both the Sensex and Nifty extending their losing streak. The downturn was attributed to a combination of factors including persistent foreign fund outflows, global geopolitical uncertainties, and concerns over potential US tariffs on Indian exports. Investors also remained cautious due to the commencement of the Q3 earnings season and mixed global cues. While some sectors like metals saw gains, others like media and realty faced significant pressure, contributing to increased market volatility.