Sensex Closes on Higher Note
2026-01-22 12:00
By
Luisa Carvalho
1 min. read
India's BSE Sensex closed about 0.5% firmer at 82,307 on Thursday, snapping a three-day losing streak, tracking a rebound in global peers, amid receding US-EU trade and geopolitical tensions.
Market sentiment improved after President Trump said he would not impose tariffs on EU nations following an agreement on a “framework for a future deal” with NATO regarding Greenland.
Trump also expressed optimism about the India–US Bilateral Trade Agreement, calling PM Modi a close friend and expecting a “good deal.” At the same time, EU Foreign Policy Chief Kaja Kallas announced that the EU and India had agreed to advance a new security and defense partnership.
However, continued foreign outflows and ongoing mixed domestic earnings kept investors cautious.
BEL (3.8%), Adani Ports (2.7%), Tata Steel (2.6%) and SBIN (2.2%) emerged as the top performers.
On the flip side, Eternal dropped 2.4% as rising competition in the quick-commerce business outweighed optimism over strong Q3 earnings.