FX.co ★ Sensex Ends on Higher Note

The BSE Sensex closed approximately 1.7% higher at 75,157.3 on Friday, marking a recovery from the previous day's decline. This uptick followed the announcement by US President Donald Trump of a 90-day suspension on tariff increases for several trading partners, including India. Despite this, global market sentiment remains precarious due to ongoing US-China trade tensions and inconsistent US trade policies. Within India, inflation is expected to reach 3.6%, the lowest rate observed since last July, fuelling optimism that the Reserve Bank of India (RBI) might proceed with further interest rate cuts. Among the top performers were Tata Steel, Power Grid, NTPC, Kotak Mahindra Bank, Reliance Industries, and Adani Ports. Conversely, Asian Paints and Tata Consultancy Services were the only stocks to register losses. Indian markets will remain closed on Monday in observance of the Ambedkar Jayanti holiday.