Sensex, Nifty Extend Losses: IT, Metal Stocks Drag Amid Global Weakness

• Indian benchmarks Sensex and Nifty extended losses by 0.3% due to weak global cues and foreign fund outflows.
• IT and metal sectors faced significant selling pressure, with Nifty IT down 1% and Nifty Metal over 1.5%.
• Broader markets, including Nifty Midcap 100 and Smallcap 100, also slipped, indicating wider selling.
• Foreign institutional investors (FIIs) continued selling, while domestic institutional investors (DIIs) provided support.
• Market remains cautious ahead of Q3FY26 earnings, with analysts expecting stock-specific trade.

Why It Matters: Indian markets dip on global weakness, FII outflows; IT, metal sectors hit hardest ahead of earnings.