The SENSEX Index Closes 0.07% Higher

India’s BSE Sensex edged up about 0.2% to 82,456 in morning trade on Thursday, extending gains for a second consecutive session as most sectors, led by technology, showed early strength. Consumer durables, industrials, and financials also advanced, with early movers including KSB Ltd. (+6.8%), NewGen Software (+2.7%), Bank of Baroda (+2%), Canara Bank (+1.4%), and Infosys (+0.8%). Local equities mirrored Asia’s fourth straight day of gains, supported by robust US corporate results that eased concerns over AI-related disruptions. Market participants are also awaiting the release of India’s Q4 GDP growth on Friday, expected at 7.2%, down from 8.2% in the third quarter. Among early lossers were Home First Finance (-4.9%), Multi Commodity (-2.4%), Concord Biotech (-2.1%), and DEE Development (-1.6%). Elsewhere, US imposes preliminary duties on Indian solar imports over alleged subsidies, potentially weighing on solar-linked stocks, ruling expected on July.

The SENSEX Index gained 55 points or 0.07 percent on Wednesday to close at 82280 points. Gains were led by HCL Tech (2.61%), Tata Steel (2.57%) and Tata Consultancy (2.15%). Biggest losers were Reliance Industries (-1.95%), Adani Ports (-1.70%) and Bharti Airtel (-1.44%).

India’s BSE Sensex rose about 0.6% to 82,695 in morning trade on Wednesday, stabilizing after Tuesday’s sharp sell-off, as most sectors, led by technology, moved into positive territory. The index tracked a rebound in US equities, driven by strength in technology and software shares, where renewed enthusiasm for AI-related companies has lifted broader market sentiment, helping tech indexes regain earlier losses. Among individual stocks, early gainers included Aditya Infotech (+8.6%), Vedanta (+3.5%), Steel Authority of India (+2.5%), Tata Consultancy Services (+2.3%), and Infosys (+2.2%). In other developments, the Reserve Bank of India highlighted India’s robust and improving economic trajectory, pointing to steady growth momentum and favorable conditions for investors and businesses.