Sensex Rises for Second Day
2026-08-06 04:30
By
Jereli Escobar
1 min. read
India’s BSE Sensex rose about 0.2% to 78,710 at the open on Thursday, following gains in the previous session, as investors extended their risk-on mood amid easing geopolitical tensions, resilient corporate earnings, and a supportive policy backdrop.
Market sentiment remained buoyed by optimism over possible diplomatic progress in the Middle East, while the Reserve Bank of India's decision to keep interest rates unchanged at 5.25% and raise its FY2027 growth forecast continued to underpin confidence in domestic equities.
Corporate earnings provided additional support, with companies including Aurobindo Pharma, Biocon, Cummins India, GMM Pfaudler, and Navin Fluorine posting stronger-than-expected June-quarter results, reinforcing expectations of healthy profit growth outside the oil marketing sector.
Notable gainers were Shilpa Medicare (7.6%), Navin (5.5%), Hindustan Aeronautics (5.1%), Cupid (2.6%), and Reliance (1.8%).