20.03.202611:34:26UTC+00Sensex Closes on Positive Note

India’s BSE Sensex trimmed strong early gains to finish about 0.4% higher at 74,533 on Friday, rebounding from the previous session’s steepest decline in nearly two years. Investors selectively hunted for bargains amid heightened volatility, persistent currency pressures, and ongoing global uncertainties.

Sentiment received some support after US Treasury Secretary Scott Bessent signaled potential easing of sanctions on Iranian oil, aiming to alleviate tightening global supply. In parallel, Israel agreed to suspend attacks on Iran’s oil and gas facilities at the request of US President Donald Trump.

On the domestic front, Tata Steel, Tech Mahindra, and Infosys led the advance, each gaining 2–3%. Reliance Industries and Titan Company also buoyed the index, adding around 2% apiece. Other notable gainers included Trent, Sun Pharma, and NTPC.

Banking counters, however, remained under pressure. HDFC Bank extended its decline, losing 2.4% as selling intensified following the abrupt resignation and departure of part-time chairman Atanu Chakraborty. For the week as a whole, the Sensex ended broadly unchanged.