The Sensex declined by 300 points as weakness in commodity-linked sectors and IT stocks dragged broader sentiment amid persistent geopolitical and macroeconomic uncertainty. Market participants noted that volatility in crude oil, global risk-off cues, and cautious institutional flows contributed to the day’s decline. Analysts said that despite the pullback, underlying domestic fundamentals remain stable, supported by resilient consumption and stronger-than-expected Q2 earnings. Traders expect near-term movement to remain data-driven as global inflation readings and central bank commentaries guide risk appetite.