FX.co ★ Indian Stocks Bounce Back

India’s BSE Sensex rose around 0.5% to 78,902 on Tuesday, rebounding from the previous session’s subdued trade. Market sentiment was influenced by the potential for US–Iran peace talks, with Tehran’s participation in negotiations in Pakistan still under discussion.

Investors are also focused on corporate earnings, with IT major HCLTech and consumer goods giant Nestlé India scheduled to report results later in the day. Meanwhile, foreign portfolio investors turned net sellers on Monday, offloading roughly $114 million in Indian equities—their first net outflow in four sessions.

In corporate developments, TVS Motor announced a partnership with Hyundai to develop electric three-wheelers, alongside plans to expand its presence in African markets. PNB Housing Finance reported a 19% year-on-year rise in Q4 profit, supported by strong housing loan demand. Muthoot Microfin posted 13% asset growth in FY26, and Citi initiated coverage on Anthem Biosciences with a “buy” rating.

Among notable movers, Billionbrains gained 2.7%, PNB Housing jumped 9.3%, Zen Technologies advanced 10.3%, while Bank of Maharashtra and Data Patterns each climbed about 5.6%.