Sensex Gains for Second Session
2026-05-19 04:23
By
Jereli Escobar
1 min. read
India’s BSE Sensex opened about 0.4% higher at 75,589 on Tuesday, following gains in the previous session, supported mainly by easing fears over the Iran conflict after US President Trump indicated a possible diplomatic breakthrough with Tehran.
Investors reacted to Trump’s remarks that he had paused a planned strike on Tehran after receiving a peace proposal tied to Iran’s nuclear program.
Meanwhile, India raised petrol and diesel prices by about 0.90 rupees per litre for the second time in a week, underscoring inflation risks from the recent surge in oil prices.
Adani Group shares rose after the US moved to drop fraud charges against Gautam Adani and settle Iran sanctions-related allegations tied to one of his companies.
The benchmark was driven higher by gains in technology stocks, with TCS, Infosys, HCL, Tech Mahindra, Oracle, and Persistent rising between 3.4% and 4.5%.
On the losing side, Jain Resource (-15.9%), TD PowerSys (-7.4%), and Astral (-4.2%) were the biggest losers.