FX.co ★ Sensex Rises for Fifth Session, Hits Over 2-Week High

The BSE Sensex advanced by 207 points, or 0.3%, reaching 82,134 during early trading on Wednesday. This marks its fifth consecutive session of gains, achieving its highest point since September 22. The upward trend was fueled by positive sentiment in anticipation of the upcoming quarterly earnings season. Most sectors experienced growth, with technology and consumer durables leading the way, increasing by 1.4% and 1.2%, respectively. Investor confidence received an additional boost following a World Bank report that revised India's GDP forecast for fiscal year 2025/26 upwards from 6.3% to 6.5%. However, the gains were somewhat limited due to an unfavorable session on Wall Street overnight, under pressure from ongoing concerns about the US government shutdown. Notable performers among individual stocks included Titan, which soared by 4.5% as investors responded favorably to its second-quarter business report. Infosys rose by 2.2%, and there were notable gains for Tech Mahindra and Tata Consultancy Services, each rising by 1.9%, as well as HCL Technologies, which increased by 1.5%.