Sensex Closes on Higher Note
2026-04-29 10:50
By
Luisa Carvalho
1 min. read
India’s BSE Sensex rose 0.8% to close at 77,493 on Wednesday, recovering from Tuesday's losses, as upbeat quarterly earnings partly offset rising oil prices and continued foreign outflows.
The US signaled it would stick with a naval blockade of Iranian ports as it tries to force Tehran back to the negotiating table, raising the risk of a prolonged energy crisis.
Traders also stayed cautious ahead of the Fed's policy outcome, with guidance on the policy path expected to shape global capital flows and sentiment toward emerging markets.
Maruti Suzuki gained 2.8%, despite reporting a surprise decline in the March-quarter profit, following a broadly supportive brokerage response to strong underlying demand trends and forward guidance.
Heavyweight Reliance rose 2.7%, extending gains for a third session after its quarterly results.
ITC, Tech Mahindra, Bharti Airtel and M&M also advanced solidly, rising between 2%-3.9%.
Conversely, IndiGo (-2.4%) and NTPC (-1.3%) posted the biggest losses.