Indian Markets Drop as Trade Deal Delay Triggers Broad Selloff

Indian markets fell for a second session, erasing ₹7 lakh crore in value as major indices declined, sectors weakened, and the rupee dropped amid delayed India–US trade talks.

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Indian Markets Drop as Trade Deal Delay Triggers Broad Selloff

Indian Markets Drop as Trade Deal Delay Triggers Broad Selloff
Indian equities extended losses as a two-session decline erased about ₹7 lakh crore in market capitalization. The Sensex closed at 84,900.71, down 331 points, while the Nifty settled at 25,959.50. Midcap and Smallcap indices slipped 0.27% and 0.83%. All major sectors ended lower except IT, which gained 1.6%. The rupee weakened near ₹89.49 per dollar. A delay in the India–US trade agreement and continued FII outflows added to market pressure.
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