India’s BSE Sensex closed 0.7% higher at 76,826.8 on Tuesday, its strongest finish since May 8 and the third consecutive session of gains. Sentiment was buoyed by optimism over a preliminary US–Iran peace agreement and the resulting sharp drop in crude oil prices.
Also supporting the market, foreign portfolio investors turned net buyers of Indian equities on Monday after thirteen consecutive sessions of selling, recording inflows of ₹2 billion.
Among major movers, HCL Tech led the advance with a 3.6% rise, followed by Bajaj Finserv (2.1%), NTPC (2.1%), Hindustan Unilever (2.1%), TCS (1.7%) and Bajaj Finance (1.7%). On the downside, IndiGo (-0.9%), UltraTech Cement (-0.8%) and Maruti (-0.8%) registered the steepest losses.
