India’s BSE Sensex rose about 1.2%, up at 73,573 on Tuesday, rebounding from the previous session’s steep losses and tracking gains in Asian equities after Donald Trump postponed planned strikes on Iran’s power grid. Markets may remain volatile as Trump cited productive talks with Iran, while Tehran denied any negotiations, signaling no clear diplomatic breakthrough. On the data front, India’s HSBC Composite PMI Flash is due later, with expectations at 58.7 in March, slightly below 58.9 in February but still firmly in expansion territory. Among corporate developments, HDFC Bank is reviewing leadership changes, IndiGo has appointed new strategic leadership, Coal India plans stake sales in subsidiaries, and Kotak Mahindra Bank may acquire Deutsche Bank’s India retail business. All stock sectors moved into positive territory, led by heavyweight financials. Among early gainers were HDFC Bank (+1.6%), Larsen & Toubro (+2.5%), ICICI Bank (+1.6%), Eternal Limited (+3.5%), and NOCIL (+7.5%).
