FX.co ★ Sensex Down for 3rd Day

India's BSE Sensex closed marginally down by 0.3% at 81,909.6 on Wednesday, reaching its lowest point since early October and marking its third consecutive session of declines. Investor sentiment remained impacted by rising geopolitical tensions, lukewarm corporate earnings, and persistent foreign capital outflows. On a more optimistic note, European Commission President Ursula von der Leyen announced that negotiations between India and the European Union on a Free Trade Agreement are close to completion, with a formal announcement anticipated at the India–EU summit in New Delhi on January 27, 2026. The session saw notable selling pressure in major banking and consumer stocks, with ICICI Bank (-2%), Trent (-2%), BEL (-1.4%), Axis Bank (-1.2%), L&T (-1.1%), and HDFC Bank (-1.1%) leading the downturn. Conversely, Eternal excelled with a nearly 5% increase, boosted by positive sentiment surrounding its third-quarter financial results. Ultratech (+1.3%), IndiGo (+1.1%), and Reliance (+1%) also posted solid gains.