Indian equity markets maintained a bullish trajectory on July 2, with the Nifty 50 reaching 24,175 and the Sensex closing at 77,502. The positive sentiment was bolstered by declining crude oil prices and robust institutional interest.
The standout performer was the IT sector, which delivered a stellar 4.5% gain, marking its most significant single-day jump since the start of the year. Investors flocked to tech heavyweights, signaling renewed confidence in the industry's growth outlook.
Key stocks leading the charge included Zensar Tech, TCS, and Coforge, all of which posted substantial gains. Meanwhile, the broader market saw positive movement across various sectors, with Apollo Tyres, Bharat Forge, and Anant Raj also finding spots on the list of top performers.
Market analysts suggest that the current momentum is supported by macroeconomic tailwinds and a favorable earnings outlook for the tech space. As indices test new levels, market participants remain optimistic about sustained inflows in the coming sessions.
