16.06.202604:22:45UTC+00Sensex Extends Gains to Third Session

India’s BSE Sensex climbed about 0.5% to 76,631 in early trade on Tuesday, extending its winning streak to a third consecutive session. Sentiment improved on the back of a preliminary US–Iran peace agreement, which triggered a sharp decline in crude oil prices and bolstered risk appetite.

Market mood was further supported by an uptick in foreign capital flows. After thirteen straight sessions of selling, foreign portfolio investors turned net buyers of Indian equities on Monday, registering inflows of 2 billion rupees. Domestic institutional investors also remained strong buyers, adding a further 31.89 billion rupees in net purchases.

Among the notable gainers were MTAR (+2.3%), HSCL (+1.8%), Apollo (+2.5%), HFCL (+4.0%), Bajaj Finance (+2.2%), and HCL Tech (+3.1%). On the downside, key laggards included Hindalco (-3.7%), Multi Commodity Exchange (-1.5%), Vedanta (-1.2%), National Aluminum (-4.5%), and Ola Electric (-1.5%).