Indian equity benchmarks closed lower for a second straight day on Tuesday, with the BSE Sensex shedding 250 points, or 0.33%, to finish at 76,478.67.

The NSE Nifty 50 mirrored the decline, dropping 81 points, or 0.34%, to settle at 23,865.75.

This marks the second consecutive day of declines for Indian markets, following a sharper drop earlier in the week when the Sensex slid more than 520 points and the Nifty 50 breached the 24,000 level.

The sell-off was anchored by weakness in the information technology sector, with major names including Infosys, TCS, and HCL Tech leading the losses.

Despite the broad-based pressure on large caps, mid-cap and small-cap stocks managed to outperform their larger counterparts, offering a rare bright spot in an otherwise negative session.

This marks the second consecutive day of declines for Indian markets, following a sharper drop earlier in the week when the Sensex slid more than 520 points and the Nifty 50 breached the 24,000 level.

The recent volatility has been driven primarily by sustained weakness in the IT sector, which continues to weigh heavily on benchmark indices.