India’s BSE Sensex closed about 0.2% down at 81,774 after a volatile session on Wednesday, as investors engaged in profit-booking after four consecutive sessions of gains. Investor caution prevailed ahead of the Q2 earnings season, as market participants reassessed valuations and growth prospects. Sector performance was mixed, with auto, banking, and FMCG facing selling pressure, while IT stocks outperformed on optimism ahead of Tata Consultancy Services’ Thursday earnings release. Shares of Tata Motors fell over 2.5%, weighing on the broader auto sector, after luxury unit Jaguar Land Rover forecast a drop in Q2 volumes.