Topic
market rally
Business Nifty IT Surges Nearly 4% as Tech Stocks Lead Market Rally Amid Global Selloff
The Nifty IT index surged 3.75% as heavyweight tech stocks rallied, while Indian benchmark indices opened marginally lower ahead of the US Federal Reserve decision. In contrast, South Korea's Kospi tumbled more than 9% and Japan's Nikkei fell over 4%, driven by a global semiconductor selloff amid AI boom sustainability concerns.
Business BSE Sensex Surges Over 800 Points, Nifty50 Tops 24,000 as Oil Drop and Geopolitical Easing Boost Sentiment
Indian benchmark indices BSE Sensex and Nifty50 surged on July 27, 2026, with the Sensex gaining over 800 points to 76,859 and the Nifty crossing 24,000. The rally was fueled by a sharp decline in crude oil prices and easing geopolitical tensions between the US and Iran. Meanwhile, Mangalam Worldwide Ltd reported an 18.7% rise in quarterly profit.
Business Asian Stocks Rally: Kospi Surges 6%, Nikkei Jumps Over 1,100 Points on Tech Rebound
Asian equities opened higher on Wednesday, tracking Wall Street gains, with South Korea's Kospi surging 4.78% and Japan's Nikkei climbing 1.3%. The rally was driven by a rebound in technology stocks after data showed Korean semiconductor exports nearly tripled in early July and Taiwanese export orders exceeded estimates. Oil prices rose amid geopolitical tensions, while the dollar held near one-week highs.
Business Sensex Climbs 521 Points, Nifty Crosses 24,400; Fourth Consecutive Winning Session
Indian benchmark indices advanced nearly 0.7% on Monday, with the Sensex gaining 521 points to close at 78,285 and the Nifty adding 160 points to settle at 24,430. The rally, the fourth consecutive winning session, was led by HDFC Bank, Mahindra & Mahindra, and Bharat Electronics, while Kotak Mahindra Bank, TCS, and Bajaj Finserv declined. Sectorally, realty and private banks outperformed, while PSU banks and IT lagged.
Business Markets Rise to 10-Week High as Easing Crude and Strong Banking Update Fuel Rally
Indian equity benchmarks rose to a 10-week high on Monday, driven by a sharp rally in HDFC Bank after a strong quarterly business update and a decline in crude oil prices. The Nifty and Sensex each gained 0.7% to close at 24,430 and 78,285 respectively, rising 2.4% in four sessions. Lower oil prices due to easing West Asia tensions also supported broader sentiment.
Business Dalal Street Cheers US-Iran Peace Deal, Oil Slide; Sensex Rises for Fourth Day
The BSE Sensex rose 544 points to 76,808, marking its fourth consecutive gain, driven by the US-Iran peace deal and a sharp drop in crude oil prices. Brent crude fell below $80/barrel for the first time in over three months. Meanwhile, the government's offer for sale in GIC received strong investor response, with plans to raise about Rs 3,000 crore.
Business Market Rally Adds Rs 1.9 Lakh Crore to Top 10 Firms' Value; ICICI Bank Emerges Biggest Gainer
The combined market capitalisation of eight of India's 10 most-valued companies surged by Rs 1.90 lakh crore last week, with ICICI Bank posting the biggest gain, according to PTI. The rally was driven by improved global sentiment, RBI measures, and hopes of a US-Iran peace deal. Reliance Industries remained the most-valued firm, while TCS and LIC saw declines.
Business Alphabet's $80B Stock Sale Plan Stalls Wall Street Rally
Alphabet's announcement of an $80 billion stock sale to fund AI investments led to a 4% drop in its shares, stalling Wall Street's rally. The S&P 500 slipped 0.1% after nine weeks of gains.