11.11.202512:04:01UTC+00Sensex Ends on Higher Note

The BSE Sensex in India advanced approximately 0.4%, closing at a one-week high of 83,871.3, following a fluctuating trading session on Tuesday, thereby marking a two-day upward trend. Investor sentiment was buoyed by optimism surrounding a prospective trade agreement between the U.S. and India, alongside potential resolutions to the U.S. government shutdown, offsetting initial apprehensions about financial sector earnings. U.S. President Trump announced on Monday that a "fair trade deal" with India was nearing completion. In the interim, market participants are keenly anticipating domestic inflation figures, projecting a slowdown due to decreased food prices, which may facilitate further monetary easing by the Reserve Bank of India. Leading the gains were BEL, Mahindra & Mahindra, Adani Ports, HCL Technologies, Eternal, and Infosys, with increases ranging from 1% to 2.3%. Conversely, Bajaj Finance experienced a significant decline, dropping over 7% after reducing its asset growth forecast, despite recording a 23% rise in consolidated net profit. Other notable decliners included Bajaj Finserv, Tata Motors PV, Tata Steel, Kotak Mahindra Bank, and PowerGrid, each shedding up to 6%.