14.11.202511:52:48UTC+00Sensex Ends Marginally Higher

India's BSE Sensex managed to rebound from early setbacks to finish slightly higher at 84,563 on Friday, concluding a session marked by significant volatility. This uptick was driven by election results that outpaced expectations. Preliminary tallies indicated that Prime Minister Modi's National Democratic Alliance (NDA) was leading in the key Bihar assembly elections, thereby bolstering hopes for policy continuity and political stability. Concurrently, optimism was buoyed by the prospect of lowered US tariffs and anticipations of interest rate cuts by the Reserve Bank of India, which helped mitigate concerns about ongoing foreign capital outflows. Among the major gainers, Tata Motors stood out with a 3.4% rise following an annual increase in quarterly profits, notwithstanding a decline in revenues. Other notable performers included Eternal, Bharat Electronics, Trent, Axis Bank, State Bank of India, and Sun Pharmaceuticals, which saw gains ranging from 1% to 2.1%. Conversely, Infosys, Tata Steel, Tech Mahindra, and ICICI Bank experienced the most significant declines.