S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
India’s BSE Sensex closed roughly 1% firmer at 79,273 on Tuesday, the highest in over six weeks, driven by earnings optimism and prospects of a resumption of US-Iran talks. The US expressed cautious optimism that peace talks would take place in Pakistan this week, and reports emerged that Tehran was considering joining, as the ceasefire deadline is looming. Most sectors recorded gains, particularly financials and FMGC stocks, driven by strong earnings. ICICI Bank advanced 2.4% after solid quarterly results over the weekend and a broker upgrade, with HDFC Bank also rising around 2%. Moreover, the Reserve Bank of India partially rolled back early-April curbs introduced when the rupee hit record lows, easing concerns that limits on hedging could hurt bank activity. FMCG stocks also advanced firmly, lifted by stronger-than-expected results from Nestle India. Hindustan Unilever surged 3.1%, also boosted by a target price hike from ICICI Securities, while ITC rose 1.3% and TCS up 1.2%.
