FX.co ★ Indian Stocks See 3rd Day of Losses

India's BSE Sensex concluded Tuesday's trading session with a 0.6% decline, closing at 85,138.3. This marks the third straight session of losses, as investors continue to engage in profit-taking amid concerns about a weakening rupee and ongoing foreign institutional investor (FII) outflows. Market sentiment also suffered due to ongoing uncertainties surrounding the US-India trade deal. Banking and financial stocks were the hardest hit, with ICICI Bank, HDFC Bank, and Axis Bank each dropping by 1.1%, as investors reposition themselves ahead of the Reserve Bank of India's policy decision scheduled for Friday. Conversely, Asian Paints emerged as a strong performer with a 3.2% gain, while Bharti Airtel, Maruti, and Bajaj Finance made gains of 0.9%, 0.8%, and 0.5% respectively.