Stock markets surge on buying in blue-chips; Sensex jumps 965 points
Indian stock markets rebounded on Friday, with the Sensex gaining 965 points driven by strong performance in blue-chip IT and banking stocks. Despite global geopolitical concerns, domestic investors are rotating capital into large-cap equities.
Why it matters
Market recovery signals investor confidence in large-cap Indian firms despite broader macroeconomic and geopolitical headwinds.
Market benchmark indices ended sharply higher on Friday (July 17, 2026) , with the Sensex climbing 964.58 points and the Nifty reaching the 24,330 level, led by buying in blue-chip Reliance Industries, bank and IT stocks.
After a subdued ending in the previous trade, the 30-share BSE Sensex bounced back 964.58 points, or 1.25%, to settle at 78,151.45. During the day, it surged 1,095.68 points, or 1.41%, to 78,282.55. The 50-share NSE Nifty climbed 261.55 points, or 1.09%, to end at 24,334.30.
From the Sensex pack, Tech Mahindra jumped 3.91% after it reported a 28.4% rise in consolidated net profit for the June quarter to ₹1,465 crore, and expressed confidence about the demand environment.
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