24.03.202611:22:21UTC+00Sensex Finishes on Higher Note

India’s BSE Sensex closed 1.9% higher at 74,068.45 on Tuesday, partially recovering from the sharp losses a day earlier. The rebound came after the United States postponed—by five days—its planned strikes on Iran’s power and energy infrastructure, a delay President Trump linked to “productive talks” with Tehran. The decision briefly lifted hopes for a possible de-escalation of tensions in the Middle East, despite continued mixed signals from both sides.

Foreign institutional selling, however, remains a significant headwind for the market.

All sectors finished in positive territory, as investors moved to accumulate quality stocks at lower valuations. Financials and banking shares led the upturn, climbing more than 2%, with heavyweight lenders attracting strong buying interest. HDFC Bank advanced 2.9% after its board approved the appointment of external law firms to review the resignation letter of former chairman Atanu Chakraborty. Beyond banks, gains were broad-based, spanning capital goods, auto, and IT stocks.