5 May 2026, 15:01  India: Sensex Closes Slightly Lower.

India’s BSE Sensex finished about 0.3% down at 77,018 on Tuesday, reversing the prior session’s advance amid profit booking after election-driven gains. Latest results indicate a landslide win for Prime Minister Narendra Modi’s Hindu nationalist party in West Bengal, a large and politically significant state in eastern India. However, market sentiment was dented by elevated crude oil prices, sustained foreign outflows and continued global uncertainty. Investors also tracked ongoing March-quarter earnings. Mahindra & Mahindra was the top performer, rising 3.4%, after beating quarterly profit expectations on strong SUV, tractor demand. UltraTech Cement added 1.6%, while financial stocks such as Bajaj Finserv and Bajaj Finance, rose 1.1% and 0.8%, respectively. On the flip side, ICICI Bank (-1.5%) and Eternal (-1.4%) posted the biggest losses. L&T shed 1.1% ahead of results. Other laggards included Tech Mahindra (-1.3%), Axis Bank (-1.2%) and Bharti Airtel (-1.1%).

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