India’s BSE Sensex closed about 0.6% higher at 84,065.75 on Monday, its strongest finish in a month, supported by robust corporate earnings, optimism over US–India trade relations, and a renewed pickup in foreign portfolio inflows. Financial and cyclical stocks led the gains, with public sector banks particularly strong, while metal shares also advanced solidly.
State Bank of India surged 7.6% to a record high after reporting better‑than‑expected quarterly results and raising its FY2026 credit growth guidance. The stock’s rally was further bolstered as several brokerages lifted their target prices for SBI following the earnings release. Among other notable gainers were Titan (+3.1%), UltraTech Cement (+2.4%), Tata Steel (+2.2%) and Eternal (+1.9%).
On the downside, Power Grid (-1.3%), NTPC (-1.1%) and ITC (-1%) were the session’s biggest laggards.
