Indian Equities Close Lower * **Market Performance:** Indian equity markets ended the session in negative territory, driven by cautious global sentiment and mixed corporate earnings reports. * **Volatility:** The India VIX surged by 4%, signaling a tangible increase in market apprehension. * **Outlook:** Analysts anticipate a period of sideways trading, with direction likely influenced by evolving global cues and ongoing quarterly results. * **Key Risks:** Escalating geopolitical tensions remain a primary concern, posing significant risks to near-term market stability.