FX.co ★ Sensex Advances for 4th Day

India's BSE Sensex advanced by approximately 0.3%, closing at 82,445 on Monday, reaching its highest point since mid-May. This marks an extension of gains over the past three trading sessions. The rally was largely driven by robust performances in banking and financial stocks, spurred by the Reserve Bank of India's recent significant rate reduction and liquidity initiatives. Tech, auto, and pharma sectors also experienced gains, buoyed by optimism over easing trade tensions, with US-China discussions underway today, and encouraging developments from US-India trade negotiations.