Sensex Extends Uptrend to Fourth Session
2026-07-06 04:34
By
Jereli Escobar
1 min. read
India’s BSE Sensex rose about 0.5% to 78,148 on Monday at the open, continuing its winning streak into a fourth session.
The gains were led by financial stocks after strong quarterly business updates from major private lenders, with HDFC Bank and Axis Bank providing a lift to broader market sentiment.
Lower crude oil prices also supported investor confidence, improving the outlook for inflation and India's import bill.
Among corporate developments, IndusInd Bank reported 3.3% sequential growth in net advances and 3.8% in deposits for the June quarter, though advances fell 2.3% YoY while deposits rose 4.5%.
Dabur India expects double-digit PAT growth in Q1, aided by pricing-led margin support, while Godrej Consumer guided for revenue growth driven by high-single-digit volume expansion.
Notable gainers included Digitide (12.9%), Diamond Power (10%), Shakti (6.7%), Paras (5%), Kirloskar (4.7%), and GE Vernova (3.9%).