Sensex Recovers on Lower Oil Prices

India’s BSE Sensex rose about 0.8% to 76,668 at the open on Monday, recovering after five consecutive sessions of losses as a sharp decline in global crude oil prices improved investor sentiment after the US and Iran halted strikes over the weekend. Meanwhile, market participants remained cautious ahead of this week’s US Federal Reserve policy meeting, where the central bank is widely expected to keep interest rates unchanged, while watching for signals on the future policy path. Among individual stocks, Tata Consumer Products gained after reporting stronger-than-expected quarterly earnings, while SBI Card advanced on improved asset quality and solid results. Lodha Developers also climbed following a rise in quarterly profit. In contrast, Bank of Baroda came under pressure after reporting a decline in quarterly earnings. Notable gainers included Caliber Mining and Logistics (8.9%), Ratnaveer (8.1%), Dr. Lal PathLabs (6.6%), IDFC First Bank (6.2%), Infosys (3.1%), and Laurus (2.9%).





