Indian Stocks Bounce Back
2026-04-21 04:30
By
Jereli Escobar
1 min. read
India’s BSE Sensex rose about 0.5% to 78,902 on Tuesday, climbing back from the previous session’s muted performance as investor sentiment was shaped by prospects of US-Iran peace talks, with Iran’s participation in negotiations in Pakistan still under consideration.
Investors will also watch earnings from IT firm HCLTech and consumer goods maker Nestle India, due later in the day.
Meanwhile, foreign investors sold roughly $114 million worth of Indian equities last Monday, marking their first net outflow in four days.
In other developments, TVS Motor is partnering with Hyundai to develop electric three-wheelers while expanding into Africa, PNB Housing Finance reported a 19% rise in Q4 profit driven by strong home loan demand, Muthoot Microfin posted 13% asset growth in FY26, and Anthem Biosciences received a fresh “buy” rating from Citi.
Notable gainers included Billionbrains (+2.7%), PNB Housing (+9.3%), ZenTech (+10.3%), and Bank of Maharashtra and Data Patterns, both up around 5.6%.