Markets surge in early trade on buying in IT stocks; Sensex jumps nearly 700 points
Indian stock market indices Sensex and Nifty saw significant gains in early trade on Friday, driven by a rally in IT stocks. The surge follows positive quarterly results from TCS and a general trend of global markets ignoring ongoing geopolitical tensions in West Asia.
Why it matters
The market's resilience despite regional instability suggests strong investor confidence in the Indian IT sector's growth trajectory.
Stock market benchmark indices Sensex and Nifty surged in early trade on Friday (July 10, 2026), driven by a rally in IT firms after TCS reported an increase in its June-quarter net profit and guided towards an improvement in demand returning in the ongoing quarter.
The article reports financial data and market movements objectively using standard industry terminology.
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