Sensex Rebounds, Poised for Solid Weekly Gains

2026-04-10 04:25 By Jereli Escobar 1 min. read

India’s BSE Sensex rose about 0.7% to 77,148 on Friday, recovering from the previous session’s losses, with sentiment supported by upbeat quarterly results from Tata Consultancy Services.

TCS reported a 9.7% increase in revenue and a 12.2% rise in net profit for the March quarter, adding that emerging artificial intelligence tools have not reduced demand for its services.

However, gains may be limited by ongoing concerns over the stability of the US-Iran ceasefire, which could keep volatility elevated and risk appetite cautious.

The benchmark index has gained 5.2% so far this week and is on track to snap a six-week losing streak, driven by optimism following the ceasefire announcement.

Key movers included Ola Electric (+6.8%), HDFC Bank (+1%), Billionbrains Garage (+3.9%), Garden Reach (+3.8%), and Shriram (+2.4%).



News Stream
Sensex Rebounds, Poised for Solid Weekly Gains
India’s BSE Sensex rose about 0.7% to 77,148 on Friday, recovering from the previous session’s losses, with sentiment supported by upbeat quarterly results from Tata Consultancy Services. TCS reported a 9.7% increase in revenue and a 12.2% rise in net profit for the March quarter, adding that emerging artificial intelligence tools have not reduced demand for its services. However, gains may be limited by ongoing concerns over the stability of the US-Iran ceasefire, which could keep volatility elevated and risk appetite cautious. The benchmark index has gained 5.2% so far this week and is on track to snap a six-week losing streak, driven by optimism following the ceasefire announcement. Key movers included Ola Electric (+6.8%), HDFC Bank (+1%), Billionbrains Garage (+3.9%), Garden Reach (+3.8%), and Shriram (+2.4%).
2026-04-10
Sensex Finishes on Negative Note
India’s BSE Sensex closed about 1.2% lower at 76,632 on Thursday, after witnessing a sharp rally in the prior day, mirroring major global peers. Investor sentiment turned cautious as doubts emerged over the durability of the US–Iran ceasefire and crude oil prices rebounded, driven by Israel intensifying strikes on Lebanon and the closure of the Strait of Hormuz. Financials were among the hardest hit, weighed down by sustained FII selling, a hawkish tone in the latest FOMC minutes, and ongoing geopolitical risks. HDFC Bank, ICICI Bank, Kotak Bank and SBI saw losses around 2% each. Bucking the trend, defense stocks such as BEL (1.6%) and metals advanced the most. IT stocks posted marginal gains, with TCS rising 1.2% ahead of its earnings report, supporting the broader sector.
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The SENSEX Index Closes 1.20% Lower
The SENSEX Index fell -931 points or 1.20 percent on Thursday to close at 76632 points. Leading the losses are Larsen & Toubro (-2.87%), Indusind Bank (-2.69%) and Kotak Mahindra Bank (-2.20%).
2026-04-09