26.02.202604:35:26UTC+00Indian Stocks Up for 2nd Day

India’s BSE Sensex edged up around 0.2% to 82,456 in Thursday morning trade, extending gains for a second straight session as most sectors, led by technology, showed early strength. Consumer durables, industrials, and financials also advanced, with notable early movers including KSB Ltd. (+6.8%), NewGen Software (+2.7%), Bank of Baroda (+2%), Canara Bank (+1.4%), and Infosys (+0.8%).

Domestic equities tracked Asia’s fourth consecutive day of gains, supported by strong US corporate earnings that helped ease concerns over potential AI-related disruptions. Investors are now focused on India’s Q4 GDP data due Friday, with growth expected at 7.2%, down from 8.2% in the previous quarter.

On the downside, early decliners included Home First Finance (-4.9%), Multi Commodity (-2.4%), Concord Biotech (-2.1%), and DEE Development (-1.6%).

Separately, the US has imposed preliminary duties on Indian solar imports over alleged subsidies, a move that could pressure solar-linked stocks. A final ruling on the measure is expected in July.