IT Stocks Lead Indian Markets Higher Before RBI Decision

Indian shares rose Tuesday as IT stocks gained ahead of earnings. Investors await the RBI policy decision while monitoring Middle East tensions and oil prices.

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Indian equity markets in India edged higher on Tuesday, marking a second consecutive session of gains. The rally was primarily driven by a surge in information technology stocks ahead of the quarterly earnings season. The KOTAK NIFTY 50 index advanced 0.68% to close at 23,123.65, while the ICICI PRUDENTIAL BSE SENSEX rose 0.69% to end at 74,616.58.

A man touches the stairs as he arrives at the Bombay Stock Exchange (BSE) building in Mumbai, India, August 1, 2025. REUTERS/Hemanshi Kamani
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