Sensex Opens Little Changed

India’s BSE Sensex opened largely unchanged at 76,479 on Tuesday, after last session’s two-week high as investors turned cautious following fresh US strikes in southern Iran that heightened geopolitical tensions and pushed oil prices sharply higher. Fresh US “self-defense” strikes on Iranian missile sites and mine-laying vessels today have further strained the fragile ceasefire, even as Washington and Tehran continue negotiations over reopening the Strait of Hormuz and ending the conflict. Most sectors opened in the green, with only communications, retail trade, and health services posting modest declines. Among individual stocks, Techno Electric (-11.3%), Container Corporation (-4.6%), and Rail Vikas (-3.0%) were the biggest laggards, while Uniparts (+15.1%), Bliss GVS (+17.7%), Pace Digitek (+8%), and Premier Explosives (+3.9%) posted the strongest gains.

India’s BSE Sensex closed about 1.4% firmer at 76,489 on Monday, the highest level since early May, marking the second day of advances. Investor sentiment improved amid rising hopes of a US-Iran peace deal and falling oil prices. US President Trump said Washington and Iran have “largely negotiated” a memorandum of understanding on a peace deal that would effectively reopen the Strait of Hormuz, although both US and Iranian officials have played down expectations of an imminent breakthrough. Heavyweight financials were the most benefited, with private lenders HDFC Bank and ICICI Bank rising 2.6% and 2.6%, respectively. Bajaj Finance, Eternal (Zomato), L&T, Bajaj Finserv, State Bank of India, Kotak Mahindra Bank and Mahindra & Mahindra were also among the top gainers, adding between 2–3%, while Infosys, TCS, Hindustan Unilever and Sun Pharma posted marginal losses.

The SENSEX Index went up by 1134 points or 1.50 percent on Monday to close at 76550 points. The rise was led by Bajaj Finance (2.99%), Tata Motors (2.86%) and Larsen & Toubro (2.75%).