India’s BSE Sensex closed roughly 1% lower at 78,516.5 on Wednesday, halting a three-day winning streak, as traders assessed weak earnings reports and the latest developments in the Middle East conflict. Uncertainty surrounding US-Iran talks and ongoing shipping disruptions kept investors cautious, despite the ceasefire extension. The IT sector was the biggest drag, led by a 10.9% plunge in HCLTech shares, following weaker-than-expected results and weak guidance for the next fiscal year. Tech Mahindra dropped 2.5%, despite its in-line quarterly results, as sentiment across the sector remained fragile. Infosys (-3.4%) and TCS (-2.8%) also saw heavy pressure.