FX.co ★ Sensex Ends Slightly Lower

India's BSE Sensex experienced a slight decline of approximately 0.2%, closing at 80,641.1 on Tuesday. This downward movement follows two consecutive sessions of gains, as investors exercised caution in anticipation of the US Federal Reserve's policy decision expected on Wednesday. Market sentiment was further impacted by ongoing India-Pakistan tensions, despite foreign investment continuing for the 13th consecutive day. In terms of economic data, final figures indicated a slight downward revision in India's private sector growth for April. However, it still represented the fastest expansion in eight months, supported by robust performance in both the manufacturing and services sectors. On the corporate scene, major financial stocks fell by around 0.8%, and pharmaceutical stocks saw a decline of about 1%, following President Trump's directive to enhance drug manufacturing within the United States.