Sensex, Nifty End Lower as IT Stocks Weigh; Markets Track US–Iran Talks

Mumbai, June 30: Indian equity benchmarks ended lower on Monday, weighed down by selling pressure in information technology stocks, while investors closely monitored developments around upcoming US–Iran talks.

Market sentiment remained cautious throughout the session as weak performance in key IT counters dragged the broader indices. Analysts noted that profit booking and global uncertainty contributed to the decline.

Investors also tracked geopolitical developments, particularly the scheduled US–Iran discussions, which are expected to influence global crude oil prices and broader risk sentiment in the coming days.

Despite the downturn, selective buying was seen in some defensive and sector-specific stocks, helping limit deeper losses in the broader market.

Market experts said volatility is likely to persist as global cues, currency movements, and geopolitical factors continue to shape investor sentiment.