India's BSE Sensex closed about 0.3% up at 82,445 on Monday, marking its highest level since mid-May and extending gains from the previous three sessions. The rally was mainly fueled by strong performance in heavyweight banking and financial stocks, boosted by the Reserve Bank of India’s recent oversized rate cut and liquidity measures. Tech, auto, and pharma stocks also gained on hopes of easing trade tensions, as US-China talks take place today, alongside positive signs from US-India trade negotiations. Indian government sources reported that both countries are seeking consensus on tariff cuts ahead of the July 9 deadline. Among key movers, Kotak Mahindra Bank led the gains, up over 3%, followed by Bajaj Finance, Bajaj Finserv, Axis Bank, Maruti, Power Grid, NTPC, TCS, Sun Pharma and Tata Motors, adding between 0.9% and 2.6%.