The BSE Sensex was little changed around 83,300 on Tuesday, pausing after the previous session’s gains, as investors looked for direction from the ongoing Artificial Intelligence Impact Summit. Hosted by Prime Minister Narendra Modi, the summit—alongside Infosys’ upcoming AI-focused investor meet—is expected to shape sentiment toward the tech sector, while underscoring India’s broader ambitions in AI and the associated risks for the labor market.
Infosys led the technology pack, rising 2.7%, while Tata Consultancy Services, HCL Technologies, and Wipro advanced between 1% and 1.8%. In contrast, Reliance slipped nearly 1%, and HDFC Bank was flat, following value-driven buying in both counters the previous day. Other notable decliners included ICICI Bank (-0.8%), Mahindra & Mahindra (-1.1%), and Kotak Mahindra Bank (-0.9%).
Investors now turn their attention to this week’s flash PMI releases for fresh insight into the country’s economic momentum.
