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2025-09-16 19:38:06
India's Sensex Index Closes Up 0.7%, Hitting a Nearly One-Month High. ⑴ India's BSE Sensex Index closed up 0.7% at 82,381 points on Tuesday, reaching its highest closing level since July 23, reversing the previous day's decline. ⑵ Markets rose broadly, driven by optimism about US-India trade talks and expectations of a Federal Reserve rate cut. ⑶ The US and Indian chief negotiators held talks that day to review the proposed bilateral trade agreement. ⑷ The market has fully priced in a 25 basis point rate cut from the Federal Reserve on Wednesday, a move that could attract foreign portfolio inflows. ⑸ The automobile and consumer durables sectors outperformed, driven by expectations of the implementation of the new Goods and Services Tax (GST) rates and increased festive demand. ⑹ Kotak Mahindra Bank, Mahindra & Mahindra, Maruti Suzuki, Larsen & Toubro, Bharti Airtel, and Tata Steel were among the top gainers. ⑺ Asian Paints and Bajaj Finance were the only stocks to decline.
