Indian Sensex and Nifty rally over 800 points on IT earnings and global cues

On July 10, 2026 the Bombay Stock Exchange Sensex jumped 827 – 828 points (about 1.08%) to close near 77,569, while the National Stock Exchange Nifty 50 rose 244 points (≈1.02%) to end at 24,206. The surge was sparked by Tata Consultancy Services reporting a 4.6 % rise in June‑quarter net profit and a bullish outlook, which lifted the IT sector – the Nifty IT index gained roughly 2 %. Easing Brent crude prices, falling to around $76 per barrel, and positive global market momentum also boosted risk appetite. Buying was broad‑based, with mid‑cap and small‑cap indices hitting fresh all‑time highs (Midcap 100 up ~1.4 %, Small‑cap 100 up ~1.55 %). Sectors that led the rally included IT, financials, realty, metals and mid‑caps. The rupee strengthened to about 95.33 per US dollar. Foreign Institutional Investors were net sellers that day, offloading roughly ₹532 crore, but domestic institutional buying supported the uptrend. The rally marked the second consecutive day of gains after a brief correction and added roughly ₹6 lakh crore to investors’ wealth.