India's BSE Sensex closed marginally down at 84,961 on Wednesday, extending losses for the third session. Market sentiment continued to be dented by geopolitical tensions and tariff-related concerns, which fueled FII outflows and capped optimism around the earnings outlook. Cyclical sectors, including autos, metals, and infrastructure, faced selling pressure, while banking stocks saw mild weakness on profit-booking after recent gains. In contrast, IT stocks advanced ahead of quarterly earnings, and defensive segments such as FMCG and healthcare showed relative stability. Among individual equities, Maruti led the losses, dropping 2.8%, followed by TMPV (-1.7%), Power Grid (-1.7%), Hindustan Unilever (-1.5%), Asian Paints (-1.3%), Tata Steel (-1.3%) and HDFC Bank (-1.2%). On the upside, Titan climbed almost 4% to a record high after reporting a robust 41% year-on-year growth in its jewellery portfolio in Q3 FY26, driven by strong festive demand.