India’s BSE Sensex closed about 0.8% firmer at 78,206 on Tuesday, recovering part of the steep losses from the previous two sessions. Market sentiment improved after global crude prices fell sharply following Donald Trump’s comments that the conflict in the Middle East could end “very soon.” Meanwhile, markets are expected to remain volatile as geopolitical risks persist. IndiGo, Mahindra & Mahindra , Maruti Suzuki India, ICICI Bank and Asian Paints emerged as the top performers, rising between 2.7% and 3.5%. Other notable gainers included UltraTech Cement, Tata Steel and Axis Bank. However, the upside was capped by losses in Eternal (-1.5%) and heavyweight stocks such as Reliance Industries (-1.1%), Infosys (-1.4%), Bharti Airtel (-0.9%), Tata Consultancy Services (-0.6%) and Hindustan Unilever (-0.1%).
