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FX.co ★ Indian Stocks End at Over 4-Month High

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typeContent_19130:::2025-04-29T10:48:05

Indian Stocks End at Over 4-Month High

India's BSE Sensex advanced to 80,288 on Tuesday, reaching its highest level since mid-December, and continuing a two-day upward trend. Enthusiasm was fueled by consistent foreign investment flows and encouraging industrial data, although gains were somewhat restricted due to mixed corporate earnings reports and ongoing geopolitical tensions with Pakistan. In a promising development regarding trade, US Treasury Secretary Scott Bessent suggested on Monday that a trade agreement with India could be finalized, potentially within this week or next. Among individual stocks, Reliance Industries rose by 2.3%, building on its 5.3% surge to a six-month peak on Monday, driven by quarterly results that exceeded expectations.

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