FX.co ★ Indian Stocks End at Over 1-Week High

On Monday, India's BSE Sensex climbed approximately 0.6%, closing at 82,176.5, marking its highest level since mid-May and continuing an upward trend from the previous session. The surge in the market was broad-based, with notable gains observed in sectors such as automobiles, banking, metals, and information technology. This increase is attributed to renewed optimism in both domestic and international markets, spurred by a market-stabilizing announcement from US President Donald Trump regarding the extension of the deadline for trade negotiations with the European Union until July 9. On the domestic front, traders are keenly anticipating the release of the Q1 GDP data later this week.