Indian equity markets ended lower on Wednesday, extending a decline for the fourth straight session. The BSE Sensex fell by 31 points, while the NSE Nifty 50 slid below the 26,000 mark. Investor caution deepened as foreign capital outflows continued and the domestic currency weakened sharply.
The rupee tumbled to a fresh all-time low against the US dollar, adding to the negative sentiment.
The slowdown comes against a backdrop of recent sharp gains, prompting many investors to book profits. With an important policy announcement by the Reserve Bank of India (RBI) around the corner, participants remained cautious, fearing macroeconomic and global headwinds could hurt near-term momentum.
Broader market action was weak: mid-cap and small-cap segments too ended in the red, reflecting general risk-off sentiment.
For now, many on Dalal Street seem to be waiting on fresh triggers — whether from global cues, currency stabilisation, or central-bank signals — before committing further.
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