economy

Sensex Surges 349 Points, Nifty Gains 0.38% as IT Stocks Drive Market Rally

Published on: 17 Jul 2026, 04:16 AM

The Indian stock market continued its upward momentum on Friday, with the benchmark indices opening significantly higher. The rally was led by information technology (IT) stocks, reflecting investor optimism in the sector.

The BSE Sensex opened 349 points higher, trading at 77,535.92, up 0.45 per cent. The broader NSE Nifty gained 90 points, or 0.38 per cent, to reach 24,163.60.

Among the Sensex constituents, 22 out of 30 stocks were trading in the green. The top gainers included Tech Mahindra, Infosys, HCL Tech, TCS, Reliance Industries, and Axis Bank. These stocks contributed significantly to the market rally.

On the other hand, some stocks faced selling pressure. The laggards included Trent, Sun Pharma, IndiGo, Bharti Airtel, and ITC.

The IT sector's strong performance comes amid positive global cues and expectations of robust earnings. Market analysts noted that the rally was broad-based, with buying interest seen across multiple sectors.

Investors will continue to monitor global trends and domestic economic data for further direction in the coming sessions.

Source: Indian Express

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