India’s BSE Sensex climbed about 0.3% to 77,065 on Wednesday, extending its winning streak to a fourth straight session. Gains were limited, however, as investors turned cautious ahead of the US Federal Reserve’s policy decision later in the day and assessed the broader global economic outlook.
In stock-specific moves, Infosys announced an artificial intelligence partnership with Valmet, while Wipro unveiled a new AI center. Reliance Industries also remained in focus on reports that it may pursue a potential $4 billion initial public offering for its Jio unit.
Early outperformers included Car Trade (up 9.4%), MTAR (3.5%), Trent (3.2%), Tejas (3%), HSCL (2.6%), and Netweb (1.9%).
On the geopolitical front, Prime Minister Narendra Modi’s comments on a “trust deficit” ahead of his meeting with US President Donald Trump underscored underlying tensions in bilateral relations. Any meaningful market reaction, however, is expected to depend on concrete policy developments, with investors closely tracking signals on trade, tariffs, and broader economic ties.
