Sensex Falls for 4th Session

India’s BSE Sensex gave up early gains to close about 0.7% down at 74,267 on Monday, marking the fourth straight session of declines. Uncertainty over a potential US–Iran deal, ongoing Middle East tensions, and continued foreign outflows, weighed on sentiment. Investors also looked ahead to four-day India–US talks on an interim trade pact starting today, aimed at finalizing details of the framework agreed in February, while caution prevailed ahead of the RBI’s monetary policy decision later this week and key GDP data. Meanwhile, India's manufacturing sector recorded stronger growth in May, with final figures surpassing flash estimates. Most sectors saw losses, particularly FMGC stocks, financials and autos. Meanwhile, stocks in IT sector and metal sector witnessed buying. Hindustan Unilever, ITC, NTPC, M&M, Kotak Bank and Bajaj Finance were the top losers, down between 1.7%-2.8%. Tech Mahindra, Infosys and TCS were the standout performers, rising 3.8%, 3.7% and 2%, respectively.

The SENSEX Index fell 497 points or 0.66 percent on Monday to close at 74279 points. Leading the losses are Hindustan Unilever (-2.87%), ITC (-2.67%) and Mahindra & Mahindra (-2.48%). Top gainers were Tech Mahindra (3.71%), Infosys (3.67%) and Tata Consultancy (1.77%).

India’s BSE Sensex rose about 0.3% to 74,982 on Monday, rebounding from losses in the last three straight sessions, as investors returned after a sharp foreign-led selloff tied largely to MSCI index rebalancing flows. Asian Paints and InterGlobe Industries led the advance, driving much of the benchmark's early gains. Asian Paints rose around 2.1% after beating March-quarter profit expectations on the back of healthy decorative paints volumes, while InterGlobe advanced about 3% as brokerages reiterated positive views, citing improving passenger unit revenue guidance and attractive valuations despite a quarterly loss. Investors are now turning their focus to the RBI’s policy decision later this week, along with key economic indicators including GDP and PMI data. Other notable gainers were NMDC (+14.3%), Wockhardt (+12.1%), Saregama (+10.9%), Aditya (+9.4%), Olectra (+7%), and Apollo (+4.3%). On the downside, JSLL (-20%), JP Power (-7.5%), and NATCO (-6.3%) were the biggest decliners.