India’s BSE Sensex rose about 0.7% to 83,368 on Monday, extending gains for a second straight session, following the US Supreme Court struck down major Trump-era tariffs, prompting Trump to temporarily raise import tariffs to 15%. Banking, renewable energy, and technology stocks were in focus as investors reacted to company-specific news. Among the early gainers were CIE Automotive (+8.7%), PCBL Chemical (+6.1%), Trident (+5.3%), Nitin Spinners (+3.1%), and Tata Motors (+2.5%). Meanwhile, RBI tighter borrowing rules for trading firms could weigh on liquidity and market flows, potentially slowing derivative activity and making price movements more volatile even as stocks open higher. On the data front, Friday’s Q4 GDP data could set the tone for upcoming sessions.
