Sensex Closes on Positive Note
2026-03-20 11:34
By
Luisa Carvalho
1 min. read
India’s BSE Sensex pared early gains to close about 0.4% up at 74,533 on Friday, but rebounding from the prior session’s steepest drop in nearly two years.
Investors hunted for bargains amid elevated volatility, currency pressure, and ongoing global uncertainties.
Some relief came after US Treasury Secretary Scott Bessent hinted at easing Iran oil curbs as a way to ease tightening global supply.
At the same time, Israel agreed to halt attacks on Iran’s oil and gas fields at US President Donald Trump’s request.
Tata Steel, Tech Mahindra, and Infosys led the gains, rising 2–3%, while Reliance Industries and Titan Company also contributed to the upside, adding around 2% each.
Other top performers included Trent, Sun Pharma and NTPC.
Banking stocks, however, came under pressure.
HDFC Bank extended losses, dropping 2.4% extended losses following the sudden resignation and exit of part-time chairman Atanu Chakraborty.
For the week, the index was almost flat.