Sensex Falls for 2nd Session

India’s BSE Sensex about 0.2% down at 75,868 on Wednesday, marking the second session of decreases, reflecting investor caution amid persistent geopolitical uncertainty and sustained foreign outflows. Tensions between the US and Iran continued despite ongoing negotiations to end the Middle East and fully reopen the Strait of Hormuz. Sector-wise, financials and tech were the most pressured. Among key movers, HDFC Bank dropped 2.6%, emerging as the top loser, following reports that the lender made illegal payments worth 450 million rupees ($4.7 million) to a state government department to attract large deposits. Infosys (-0.7%), ITC (-0.6%), Hindustan Unilever (-0.5%), Reliance (-0.5%), ICICI Bank (-0.5%) and Tech Mahindra (-0.3%) also declined. On the upside, Power Grid (2.6%), Eternal (2.5%), NTPC (2.1%), Tata Steel (2.0%) and IndiGo (1.9%) were among the top gainers. Indian markets will remain shut on Thursday, May 28, 2026 for a local holiday.
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