Indian equity markets extended their decline for a third consecutive session on Wednesday, with the Sensex and Nifty closing lower. Geopolitical tensions and concerns over potential US tariff hikes, alongside foreign fund outflows, weighed on investor sentiment. While auto and energy stocks saw declines, IT and consumer durables sectors bucked the trend. Several companies like Titan reported strong growth, while others such as Tata Steel and JSW Steel faced antitrust allegations.