16.01.202611:43:54UTC+00Sensex Finishes in the Green

On Friday, India's BSE Sensex saw a modest increase of approximately 0.2%, settling at 83,570, as it rebounded from a two-day decline. This upward movement was primarily fueled by strong third-quarter performances from key players in the IT sector and mid-tier banking stocks. Notable gains in select technology and banking giants helped counterbalance declines seen in consumer durables and pharmaceutical stocks. Leading the charge was Infosys, which surged by 5.7% following the release of impressive third-quarter results that exceeded expectations and prompted the company to elevate its revenue growth forecasts. Tech Mahindra also saw a significant rise, climbing 5.2% as it reported strong Q3 results for FY26. HCL Tech and TCS registered gains of 1.6% and 0.5%, respectively. Banking stocks drew investor focus as early reports suggested improved asset quality and margins, boosting confidence in the sector. HDFC Bank and Bajaj Finance each saw increases of 0.5% and 0.4% on the back of anticipated robust Q3 earnings. Conversely, among the notable decliners were Eternal, which fell by 3.7%, followed by Asian Paints, Maruti, BEL, and Sun Pharma, which saw respective drops of 2.3%, 1.8%, 1.7%, and 1.7%. Overall, the index remained nearly unchanged over the week.