Stock markets rally for second day; Sensex jumps 579 points on easing crude oil prices, buying in IT
Indian stock markets rallied for the second consecutive day, with the Sensex rising 579 points driven by IT sector gains and lower crude oil prices. The market also reacted positively to new economic and defense cooperation agreements between India and Japan.
Why it matters
Market performance and international diplomatic agreements significantly influence investor confidence and national economic outlook.
Stock market benchmark indices Sensex and Nifty ended nearly one per cent higher on Thursday (July 2, 2026) amid softening crude oil prices, following positive developments on the geopolitical front and buying in blue-chip IT stocks.
The report provides standard financial market coverage using data and expert quotes without political bias.
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