Stock markets trade in positive territory led by IT firms, foreign fund inflows
Indian benchmark indices Sensex and Nifty traded positively in early Thursday trade, driven by a rally in IT stocks, foreign fund inflows, and a drop in crude oil prices. This positive domestic trend contrasts with declines in most other Asian markets and significant losses in U.S. markets the previous day, influenced by a hawkish U.S. Federal Reserve stance.
Why it matters
This article provides a real-time snapshot of global financial market performance, highlighting key factors influencing investor sentiment in India and internationally, which can impact economic stability and investment decisions for businesses and individuals.
Benchmark indices Sensex and Nifty traded in positive territory during early trade on Thursday (July 30, 2026) driven by a rally in IT stocks, foreign fund inflows and a drop in crude oil prices. The 30-share BSE Sensex advanced 75.71 points to 77,726.62 in early trade. The 50-share NSE Nifty went up by 26.90 points to 24,275.85.
From the Sensex pack, Infosys, Tech Mahindra, HCL Tech, Tata Consultancy Services, Mahindra & Mahindra and Sun Pharma were among the major winners. Adani Ports, Asian Paints, Eternal and Bharat Electronics were among the laggards.
Foreign Institutional Investors (FIIs) bought equities worth ₹2,981.87 crore on Wednesday (July 29, 2026), according to exchange data. Brent crude, the global oil benchmark, traded 1.26% lower at $89.60 per barrel. In Asian markets, South Korea's KOSPI, Shanghai's SSE Composite index and Hong Kong's Hang Seng index traded lower, while Japan's Nikkei 225 index quoted in positive territory.
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