Sensex Extends Gains on 3rd Day
2026-03-18 04:21
By
Jereli Escobar
1 min. read
India’s BSE Sensex rose about 0.6% up at 76,514 on Wednesday, extending gains for a third consecutive day, supported by positive momentum in Asian markets as oil prices stabilized but remained above $100 per barrel.
The recovery remained cautious, with markets still influenced by geopolitical tensions driving oil prices higher and by ongoing foreign capital outflows.
Investors are also eyeing the US Federal Reserve’s interest rate decision later in the day, which is expected to keep rates at 3.75%, as concerns over oil-driven inflation continue to delay expectations of rate cuts this year.
Most stock sectors opened in positive territory, led by gains in technology, while only non-energy minerals lagged.
Among individual stocks, early gainers included Urban (+11.4%), Bajaj Finance (+0.9%), Tata Consultancy (+2.9%), Mahindra and Mahindra (+2.1%), and Eternal (+1.3%).
The index has climbed about 2.6% so far this week, recouping some of the steep losses from its worst week in years.