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07.07.202610:51:53UTC+00Sensex Snaps 4-Day Advance

India’s BSE Sensex edged slightly lower to close at 78,180.7 on Tuesday, snapping a four-session winning streak, as investors booked profits late in the day ahead of the release of the US Federal Reserve’s minutes and amid rising oil prices driven by renewed US–Iran tensions. Sentiment was partly supported by the resumption of foreign inflows, an improving monsoon outlook, and optimism surrounding the upcoming earnings season.

On the stock front, fashion retailer Trent slumped more than 12%, leading the decliners, after the company reported standalone revenue growth for the June quarter that fell short of expectations. Other notable laggards included Adani Ports (-1.6%), Bharat Electronics (-1.6%), Larsen & Toubro (-1.2%), and Reliance Industries (-1.1%).

In contrast, IT, consumer durables, and FMCG counters attracted fresh buying interest. HCL Technologies (+3.1%), Tech Mahindra (+2.8%), and Infosys (+2.8%) posted solid gains. Titan Company advanced 2.6% after delivering a strong first-quarter business update, underpinned by robust consumer demand, ongoing store expansion, and healthy international growth.

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