Mahindra & Mahindra Limited

Indian shares rose notably on Monday, with benchmark indexes Sensex and Nifty extending gains for a fourth consecutive session. The BSE Sensex surged 521.16 points, or 0.67 percent, to 78,285.07, while the NSE Nifty index settled 159.50 points, or 0.66 percent, higher at 24,430.35. Gains were driven by falling crude prices after OPEC+ decided to raise output, eased concerns over near-term Federal Reserve rate hikes, optimism for corporate earnings, and strong provisional June quarter business growth updates from banks. Among prominent gainers, ICICI Bank, Reliance Industries, BEL, Mahindra & Mahindra and HDFC Bank rose 1-3 percent, while Kotak Mahindra Bank tumbled nearly 4 percent after reporting slower sequential growth in loans and deposits. IT stocks were subdued, with TCS falling 1.7 percent on fears of another subdued quarter due to AI-driven pricing pressure and weak client spending.

Indian shares rose notably on Wednesday after two straight sessions of losses, with the BSE Sensex gaining 443.97 points to 76,922.64 and the NSE Nifty index adding 140.10 points to 24,005.85. Sentiment was supported by a continued fall in oil prices and robust June sales from domestic auto manufacturers. Brent crude futures traded below $72 a barrel amid optimism over a supply recovery in the Middle East. Auto stocks were in focus, with Mahindra & Mahindra climbing 1.9 percent after a 37 percent year-on-year jump in June sales and Maruti Suzuki India adding 1.7 percent after a 23.8 percent rise. IT stocks extended recent losses, with Infosys, TCS, Tech Mahindra and HCL Technologies falling 2 to 3 percent on sector growth concerns.