On Tuesday, April 12, Indian stock indices moved higher for the second session in a row. Markets gained support from news that India’s crucial monsoon rains are expected to be above average in 2016. Today, macro data on the CPI for March and industrial output for February are due out during the second half of the session. The Nifty 50 rose 0.49% to 7,708.95, while the BSE Sensex 30 advanced 0.49% to 25,145.59. On the Nifty 50 components, CoalIndiaand TataSteel underperformed the market, each losing over 2%. GAIL,ZeeEntertainment, andMarutiSuzuki led the advancers, each adding over 2.5%. On the BSE Sensex 30, CoalIndiaandTataSteel led the decliners, while GAIL,TataMotorsandMarutiSuzuki stood out among the best performers. On the currency market, USD/INR edged up 0.33% to 66.506, while EUR/INR increased 0.38% to 75.935. The 10-yearbondyieldtotaled 7.404%. The second largest irrigation equipment producer in the world Jain Irrigation Systems surged over 3.61%. India’s leading motorcycle maker Hero MotoCorp, as well as carmaker Bajaj Auto were also well bid, picking up over 1.05%. Carmaker Maruti Suzuki India touched a one-week high, while energy company Reliance Industries set a two-week high. O&G company BharatPetroleumCorporation(BPCL) was 0.4% higher on news it was looking to raise its stake in Petronet from 24% to 49%. Developer MEP Infrastructure eased 0.24% even as its unit got a Rs 806 crore order to build highways. From a technical standpoint, the BSE Sensex 30 traded upward toward 25,500. Stochastic lines are pointing north, which means more upside can be expected.