09.09.202510:46:33UTC+00Sensex Ends at 2-Week Highs

The BSE Sensex in India saw a rise of approximately 0.4%, closing at 81,101.3 on Tuesday, marking its second consecutive day of gains and reaching its highest point in two weeks. This upward movement was primarily driven by the technology sector, following Infosys' announcement regarding a potential share buyback and the anticipation of potential US interest rate reductions later this month. These developments highlight the significant impact of the US market on the technology sector. Meanwhile, investors are eagerly waiting for the domestic consumer price data for August, scheduled for release later this week, as it could provide insights into the Reserve Bank of India's future policy decisions amid ongoing pressures from US tariffs. Among stocks, Infosys experienced a surge of over 5% in advance of its board meeting on September 11, which will consider a share buyback proposal. Additionally, Adani Ports, Tech Mahindra, HCL Tech, TCS, and Bajaj Finserv posted solid gains. Conversely, Trent, Eternal, UltraTech Cement, and NTPC were among the biggest decliners.