Sensex Finishes Higher
India’s BSE Sensex closed about 0.7% firmer at 73,606.8 on Monday, halting a four-day losing streak, supported by positive corporate earnings and some easing in oil prices, despite remaining at elevated levels. However, some caution persisted due to ongoing geopolitical tensions and ahead of the US Federal Reserve’s policy decision due later in the week. Kotak Mahindra Bank was among the top performers, advancing 2.5% after reporting a better-than-expected quarterly profit on robust loan demand. Tata Steel gained 1.5%, supported by positive sentiment across the steel sector following strong earnings from JSW Steel.
India’s BSE Sensex closed about 0.7% firmer at 73,606.8 on Monday, halting a four-day losing streak, supported by positive corporate earnings and some easing in oil prices, despite remaining at elevated levels. However, some caution persisted due to ongoing geopolitical tensions and ahead of the US Federal Reserve’s policy decision due later in the week. Kotak Mahindra Bank was among the top performers, advancing 2.5% after reporting a better-than-expected quarterly profit on robust loan demand. Tata Steel gained 1.5%, supported by positive sentiment across the steel sector following strong earnings from JSW Steel.