FX.co ★ Sensex Finishes on Higher Note

India’s BSE Sensex snapped a four-session losing streak on Thursday, closing about 1.1% higher at 80,016, after declines driven by escalating tensions in the Middle East. Risk appetite improved following reports that Iran may be willing to roll back its nuclear program. According to the state-run Islamic Republic News Agency, Iran’s Deputy Foreign Minister indicated in earlier discussions with Washington that Tehran could abandon its nuclear ambitions and was prepared to eliminate its uranium stockpiles in exchange for concessions.

Despite the rebound, volatility is expected to persist in the near term. Foreign institutional investors (FIIs) continued to be net sellers, underscoring the broader climate of global uncertainty.

At the stock level, Larsen & Toubro, Adani Ports, Reliance Industries and NTPC led the advance, each gaining around 4–5%. Buying interest was also strong across metals, auto and energy counters. On the downside, Tech Mahindra (-1.3%), HCL Technologies (-0.7%), Hindustan Unilever (-0.4%) and ICICI Bank (-0.4%) were among the notable laggards.