India’s BSE Sensex slipped about 0.2% to 75,868 on Wednesday, extending losses into a second straight session as investors remained cautious amid ongoing geopolitical tensions and continued foreign fund outflows. Frictions between the US and Iran persisted despite negotiations aimed at ending the conflict in the Middle East and fully reopening the Strait of Hormuz.
Sector-wise, financials and technology stocks bore the brunt of the selling. HDFC Bank was the top laggard, dropping 2.6% after reports that the lender allegedly made illegal payments worth 450 million rupees ($4.7 million) to a state government department to secure large deposits. Other major decliners included Infosys (-0.7%), ITC (-0.6%), Hindustan Unilever (-0.5%), Reliance Industries (-0.5%), ICICI Bank (-0.5%) and Tech Mahindra (-0.3%).
On the upside, Power Grid climbed 2.6%, while Eternal gained 2.5%, NTPC advanced 2.1%, Tata Steel rose 2.0% and IndiGo added 1.9%, ranking among the session’s top performers.
Indian equity markets will be closed on Thursday, May 28, 2026, for a local holiday.
