Stock Market Today

Why the market moved

Indian markets closed Friday's session on a positive note, with the NIFTY 50 rising 0.65% and the SENSEX gaining 0.56%, though gains were uneven across the board. The standout story was a powerful rally in IT stocks — NIFTY IT surged 3.92%, driven by strong moves in Tech Mahindra (up 8.08%), Tata Consultancy Services (up 5.36%), and Infosys (up 4.89%), with Q2 earnings results reviving investor interest and the sector logging its biggest weekly gains in 18 years. On the losing side, Consumer Durables, Oil & Gas, and FMCG sectors slipped, with stocks like InterGlobe Aviation, Jio Financial Services, and Nestle India among the notable decliners within the NIFTY 50. Market breadth was nearly balanced at 26 advances versus 24 declines, while foreign institutional investors were net buyers at ₹1,165.92 crore, though domestic institutional investors were net sellers at ₹3,661.28 crore.

• IT's time to celebrate when chips are down; Nifty IT soars 11.7% to log biggest weekly rally since 2008it sector outperformance · rupee appreciation · earnings beat
• Nifty IT: ₹3 lakh cr added in m-cap after best weekly gains in 18 years; Q2 earnings revive investor interestit sector recovery · earnings driven rally · ai trade normalization
• Railway PSU stocks derailed! RVNL, IRFC, IRCON, RITES to IRCTC down 40% in yr- What went wrong? Experts explainpsu valuation reset · infrastructure execution risk · margin compression
• Worst over for IT stocks? Experts analyse Q2 results of TCS, HCL, Tech Mahindra and others, suggest top picksit sector recovery · earnings beat · ai opportunity
• India is fastest-growing polymer compound market, expected to grow to $16 bn by 2031: Crisilindia infrastructure expansion · automotive sector growth · power sector capex