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India's Sensex and Nifty post weekly gains as markets rally
Indian equity benchmarks closed the week in positive territory. The BSE Sensex finished at 78,094.64 points, up about 0.21% on the day and roughly 2.68% for the week. The NSE Nifty 50 ended at 24,383.60 points, up about 0.27% on the day and around 2.59% for the week.
Financial and auto stocks led the rally, with Bajaj Finance Ltd. shares climbing about 8% and Bajaj Finserv rising over 6%. The IT index saw profit‑booking pressure, while the Nifty IT sector posted a 16.77% gain for July, making it the top‑performing sector. The Indian rupee strengthened to roughly 95.35–95.50 per US dollar, supported by foreign institutional inflows of about ₹7,360 crore. Brent crude prices eased to about $85 per barrel, helping to lower inflation concerns.
Analyst Vinod Nair of Geojit Investments noted that the market’s sustainability will depend on the breadth of earnings growth and the continuation of lower energy costs. Overall, the broad‑based rally reflects optimism from easing global commodity prices and resilient domestic demand.
Entities
BSE Sensex · BSE Sensex · Bajaj Finance · Bajaj Finance Ltd · Bajaj Finance Ltd. · Brent crude · Brent crude oil · Foreign Institutional Investors · Foreign Institutional Investors (FIIs) · HDFC Bank Ltd · Indian rupee · Mahindra & Mahindra
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] The Indian rupee traded near Rs 95.5 per US dollar on July 31, 2026. www.ibc24.in
- [● 3 SOURCES] Auto‑sector stocks, including Mahindra & Mahindra and Maruti Suzuki, were among the top gainers, posting gains of about 1‑2 %. www.businesstoday.in
- [● 3 SOURCES] Crude‑oil prices fell roughly 1 % with Brent trading around $88‑91 per barrel during the session. thesentimes.com
- [○ 1 SOURCE] Foreign Institutional Investors bought about Rs 7,360 crore of Indian equities over the three trading sessions preceding July 31, 2026.
- [● 2 SOURCES] The Nifty IT index fell about 2 % and was the only sector index in the red.
- [● 4 SOURCES] Bajaj Finance shares surged over 6% after reporting a 28% YoY increase in profit after tax to Rs 6,081 crore for the June quarter of FY27. thesentimes.com · www.news18.com · www.dtnext.in
- [● 5 SOURCES] The NSE Nifty closed around 24,340 points on July 31, 2026. thesentimes.com
- [● 5 SOURCES] The BSE Sensex closed around 77,970 points on July 31, 2026. thesentimes.com
- [● 7 SOURCES] The NSE Nifty 50 closed around 24,317 points on July 31, 2026. thesentimes.com · www.news18.com · www.businesstoday.in
- [● 7 SOURCES] The BSE Sensex closed around 77,928 points on July 31, 2026. thesentimes.com · www.news18.com · www.businesstoday.in
- [● 4 SOURCES] Foreign Institutional Investors bought equities worth a cumulative Rs 7,360 crore over three trading sessions. munsifdaily.com
- [● 3 SOURCES] Brent crude prices fell to around US$85 per barrel. munsifdaily.com