The SENSEX Index Closes 0.70% Higher

India’s BSE Sensex reversed early losses to close about 0.7% up at 74,616.6 on Tuesday, marking the fourth consecutive session of advances, helped by strong buying in information technology (IT) stocks. HCL Technologies, Tata Consultancy Services and Tech Mahindra saw gains between 2%–3% in anticipation of better-than-expected Q4 earnings. Financials, metals and autos also advanced firmly. Bucking the trend, InterGlobe Aviation (-0.9%), Adani Ports (-0.5%) and Mahindra & Mahindra (-0.5%) saw the biggest declines. Meanwhile, caution prevailed ahead of a deadline set by US President Donald Trump for Iran to reopen the Strait of Hormuz to all shipping. On the domestic front, traders braced to the Reserve Bank of India’s policy decision on Wednesday, the first since the conflict began, which is expected to provide cues on the interest rate trajectory.

The SENSEX Index went up by 517 points or 0.70 percent on Tuesday to close at 74624 points. The rise was led by Tata Consultancy (2.81%), HCL Tech (2.65%) and Infosys (2.59%). On the downside, the weakerst performers were UltraTech Cement (-0.44%), Indusind Bank (-0.41%) and Adani Ports (-0.37%).

India’s BSE Sensex fell about 0.5%, down at 73,720 on Tuesday, retreating from gains in the previous session amid rising uncertainty over a US deadline for Iran to reopen the Strait of Hormuz. Oil prices climbed to around $110 per barrel and could spike further if the conflict escalates. Adding to market volatility, the Reserve Bank of India’s rate decision on Wednesday is in focus, with interest rates expected to remain steady at 5.25%, but guidance remains key. Meanwhile, metals stocks such as Hindalco Industries and Vedanta could benefit as geopolitical tensions tighten supply and push commodity prices higher. Financials, producer manufacturing, energy, and consumer non-durables stocks were among the decliners, while technology and non-energy posted modest gains. Among individual stocks, Reliance Industries (-0.6%), HDFC (-0.7%), Jubilant FoodWorks (-6.8%), and Eternal (-1.6%) were in negative territory, while Hindalco (+3.4%), Vedanta (+2.1%), and CreditAccess (+6.2%) gained.