Stocks in India Hit 5-week High

India’s BSE Sensex finished about 0.5% up at 77,156 on Wednesday, extending gains for a fourth consecutive session and marking the longest winning streak in two months. Market sentiment has been supported by easing crude oil prices and improved global sentiment following the US-Iran framework agreement. Meanwhile, some caution persisted, with traders awaiting the US Federal Reserve’s policy outcome later in the day for clues on the policy outlook. Attention was also on the bilateral meeting between President Modi and US President Trump on the sidelines of the G7 Summit, their first in over a year amid strained ties. Among key movers, Trent surged 7.1% to lead gainers, on optimism over its long-term growth prospects despite Citi maintaining a ‘Sell’ rating. Other top gainers included BEL (3.1%), Eternal (2%), Tata Steel (1.5%), Infosys (1.3%), Titan (1.1%), Bharti Airtel (1.1%) and State Bank of India (1%). On the flip side, Bajaj Finserv (-1.2%) and Axis Bank (-1.1%) lagged.

The SENSEX Index gained 347 points or 0.45 percent on Wednesday to close at 77156 points. Gains were led by Eternal Limited (2.33%), Tata Steel (1.44%) and Bharti Airtel (1.14%). Biggest losers were Tata Motors (-8.18%), Bajaj Finserv (-1.25%) and Axis Bank (-1.04%).

India’s BSE Sensex rose about 0.3% to 77,065 on Wednesday, extending gains for a fourth consecutive session, although investors became cautious as they awaited fresh catalysts ahead of the US Federal Reserve’s policy decision later in the day, while also monitoring the broader global economic outlook. Among stocks in focus, Infosys announced an artificial intelligence partnership with Valmet, while Wipro launched a new AI center. Reliance Industries remained in the spotlight amid reports of a potential $4 billion initial public offering for its Jio business. Early gainers included Car Trade (9.4%), MTAR (3.5%), Trent (3.2%), Tejas (3%), HSCL (2.6%), and Netweb (1.9%). Meanwhile, Prime Minister Narendra Modi’s “trust deficit” remarks ahead of his meeting with US President Donald Trump highlight underlying geopolitical tensions, though any market reaction will likely hinge on concrete policy outcomes, with investors watching trade, tariffs, and broader economic ties.