Stock markets decline for second day as IT shares lead losses
Indian stock markets, including the Sensex and Nifty, declined for the second consecutive day due to selling in IT and banking sectors. Market sentiment was further dampened by geopolitical uncertainty, foreign fund outflows, and concerns over a monsoon deficit.
Why it matters
Market volatility in India reflects broader concerns regarding global geopolitical stability and domestic agricultural output.
Benchmark stock indices Sensex and Nifty declined on Tuesday (June 30, 2026) due to selling in IT, oil & gas and select banking shares amid uncertainty over the next round of U.S.-Iran negotiations in Doha.
The article provides a standard financial market report based on exchange data and analyst commentary.
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