Stock markets rebound sharply; Sensex jumps 889 points, Nifty ends at 24,250
Indian stock markets saw a significant rebound on Wednesday, with the Sensex and Nifty indices rising over 1% driven by IT stocks and HDFC Bank. The rally occurred despite global market volatility and rising crude oil prices.
Why it matters
The market performance reflects investor resilience and domestic economic strength ahead of key U.S. Federal Reserve policy decisions.
Benchmark indices Sensex and Nifty rebounded sharply and ended over 1% higher on Wednesday (July 29, 2026), led by IT stocks, HDFC Bank and fresh foreign fund inflows. The 30-share BSE Sensex jumped 888.68 points, or 1.16%, to settle at 77,654.60. During the day, it surged 999.57 points, or 1.30%, to 77,765.49. The 50-share NSE Nifty climbed 264.85 points, or 1.10%, to end at 24,250.20.
From the Sensex pack, Hindustan Unilever surged 4.70% and Infosys jumped 4.50%. Trent, Larsen & Toubro, Tata Steel, Bharti Airtel, Tata Consultancy Services, HCL Tech and HDFC Bank were also among the gainers. Adani Ports, Mahindra & Mahindra, Power Grid, Bharat Electronics and NTPC were the laggards.
Foreign Institutional Investors (FIIs) turned buyers on Tuesday (July 28, 2026). They bought equities worth ₹755.33 crore in the previous trade, according to exchange data.
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