India’s BSE Sensex fell about 0.4% to 83,420 on Thursday, reversing gains from earlier in the session as investors locked in profits after a three-day winning streak. InterGlobe (-2.1%), Adani Power (-0.7%), and Axis Bank (-0.6%) were among the early losers. While major fund houses going public and backing tech and small-cap stocks continue to bolster investor confidence and liquidity, the broader market faced pressure from profit-taking. Meanwhile, strategic investments by Tata in data centres and Valeo in auto parts highlight long-term growth opportunities for India’s tech and manufacturing sectors, though these investments were not enough to offset short-term selling. Early gainers included Infosys (+1.6%), TCS (+1.6%), and HCL Tech (+1.5%). Looking ahead, markets are focused on Friday’s preliminary local PMI for February, which is expected to provide an early snapshot of India’s economic activity.