Sensex Recovers in Early Trade

2026-07-01 04:35 By Jereli Escobar 1 min. read

India’s BSE Sensex rose about 0.4% to 76,751 in early Wednesday trading, snapping a two-session losing streak as strong gains in auto stocks supported investor sentiment.

However, optimism remained subdued amid persistent concerns over stalled US-Iran negotiations.

On the corporate front, KPIT Technologies warned of a sequential decline in June-quarter dollar revenue and operating profit due to weaker demand from European automakers, Kotak Mahindra Bank announced the acquisition of Deutsche Bank's retail banking and wealth management business in India, and Citi Research upgraded Titan Company, Havells India, and Page Industries to "buy" from "neutral." Among notable movers were Paisalo (15.1%), Rites (9.1%), MCX (4.2%), Saksoft (3.2%), and Ola Elec (2.7%), while losers included KPIT (-14%), Tata Elxsi (-5.3%), Avenue Supermarts (-3.4%), and Ramco Systems (-1.8%).



News Stream
Sensex Recovers in Early Trade
India’s BSE Sensex rose about 0.4% to 76,751 in early Wednesday trading, snapping a two-session losing streak as strong gains in auto stocks supported investor sentiment. However, optimism remained subdued amid persistent concerns over stalled US-Iran negotiations. On the corporate front, KPIT Technologies warned of a sequential decline in June-quarter dollar revenue and operating profit due to weaker demand from European automakers, Kotak Mahindra Bank announced the acquisition of Deutsche Bank's retail banking and wealth management business in India, and Citi Research upgraded Titan Company, Havells India, and Page Industries to "buy" from "neutral." Among notable movers were Paisalo (15.1%), Rites (9.1%), MCX (4.2%), Saksoft (3.2%), and Ola Elec (2.7%), while losers included KPIT (-14%), Tata Elxsi (-5.3%), Avenue Supermarts (-3.4%), and Ramco Systems (-1.8%).
2026-07-01
Sensex Closes Lower
India’s BSE Sensex closed about 0.3% down at 76,478.7 on Tuesday, the second day of losses, amid caution on US-Iran negotiations and as investors booked profits ahead of the June-quarter earnings season. IT stocks and financials led losses, while autos outperformed. Infosys, TCS, HCLTech and Tech Mahindra posted losses between 2.1% and 3.5%, amid concerns over potentially higher US interest rates. Other laggards included ITC (-1.3%), Hindustan Unilever (-1.3%), SBIN (-0.9%), Axis Bank (-0.9%), ICICI Bank (-0.8%) and Tata Steel (-0.8%). On the flip side, Maruti Suzuki emerged as the top gainer, climbing 5.1%, after global brokerage Jefferies upgraded the stock to “Buy” from “Hold” and raised its target price. Titan, Bajaj Finance, Eternal, Adani Ports also posted solid gains, rising between 1.9% and 2.9%. The benchmark index added 2.3% for the month and has gained 6.3% on a quarterly basis.
2026-06-30
The SENSEX Index Closes 0.33% Lower
The SENSEX Index decreased 250 points or 0.33 percent on Tuesday to close at 76479 points. The decline was led by Tata Consultancy (-3.09%), Infosys (-2.97%) and HCL Tech (-2.76%). On the upside, the strongest performers were Maruti Suzuki (5.50%), Titan Company (3.41%) and Bajaj Finance (2.54%).
2026-06-30