Indian Stocks Up for 2nd Day
2026-02-26 04:35
By
Jereli Escobar
1 min. read
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.