FX.co ★ Indian Stocks End Lower

India's BSE Sensex experienced a slight decline, closing approximately 0.3% lower at 81,583.3 on Tuesday. This marked a pause in the upward momentum seen in the prior session, paralleling movements in major global markets. Investor sentiment was tempered by US President Donald Trump's call for an immediate evacuation from Tehran amidst escalating tensions between Israel and Iran. He also remarked that Iran should have sought a nuclear agreement with the United States. The resulting increase in oil prices added to concerns, heightening inflationary pressures for India, which ranks as the second-largest oil importer globally. Additionally, market jitters persisted with the US Federal Reserve set to announce its interest rate decision on Wednesday. On the domestic front, 21 out of the 30 stocks on the index recorded losses, with significant declines observed in Tata Motors, Eternal, Sun Pharma, Bajaj Finance, IndusInd Bank, Bajaj Finserv, and Nestle India. Conversely, Tech Mahindra, Asian Paints, Infosys, Maruti Suzuki, NTPC, TCS, and HCL Tech emerged as the leading gainers.