FX.co ★ Sensex Halts 3-Day Losing Run

The BSE Sensex concluded Monday's trading session with a 0.7% increase, settling at 80,364.5, after experiencing declines over the past three sessions. The positive market mood was buoyed by encouraging domestic economic indicators and anticipation of GST rationalization at the forthcoming council meeting, despite enduring global challenges. Notably, India's economy expanded by an impressive 7.8% from April to June, marking its swiftest growth in five quarters and outpacing the previous 7.4% increase. Additionally, the HSBC India Manufacturing PMI climbed to 59.3 in August, a slight rise from July's 59.1, indicating continued strength in the manufacturing sector. In corporate news, M&M advanced by 3.5%, Tata Motors rose 3.2%, and Trent increased by 2.6%, leading the gainers. Conversely, Sun Pharma declined by 1.9%, while ITC and Hindustan Unilever slipped by 1% and 0.6%, respectively.