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India’s BSE Sensex opened about 0.3% higher at 75,569 on Thursday, following modest gains from the previous session as traders bet on a possible US-Iran deal and an end to the Middle East conflict, which pushed crude oil prices lower. Shipping data also showed that two Chinese oil tankers exited the Strait of Hormuz on Wednesday, a tentative sign of easing pressure in the Gulf. Meanwhile, investors await India’s HSBC composite, manufacturing, and services PMI flash readings for May later in the day, which could provide fresh cues on the strength of economic activity and influence market sentiment. Protean shares surged 20% after the company posted a sharp year-on-year increase in profit and announced a final dividend along with new board appointments, while Sansera jumped 12.5% as its revenue and profit rose strongly from a year earlier, also accompanied by a final dividend and new director appointments. Other top performers included Samaan (+9.8%), Triturbine (+5.9%), and Paras (+6%).
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