22 July 2025, 10:03 India: Stocks Extend Gains.
Shares in India rose 176 points, or 0.2%, to 82,377, while the Nifty 50 climbed 0.1% in morning trade on Tuesday, gaining for the second straight session. The rally was mainly supported by banking and financial services sectors. The BSE Sensex tracked overnight gains on the S&P 500 and Nasdaq, driven by optimism over strong corporate earnings. Traders remained focused on Q1 earnings, with 52 companies set to announce their results, including Mahindra & Mahindra Financial Services, Paytm, and Colgate. However, ongoing uncertainty surrounding trade negotiations between the US and India ahead of the August 1 deadline capped gains. Paytm surged 2.5% ahead of its Q1 earnings release, with the company expected to report strong revenue growth. Other early gainers included Titan (0.8%), ICICI Bank (0.6%), and JSW Steel (0.6%).
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