Sensex Today Rallies 889 Points | Nifty Above 24,200 | 3 Reason Why Indian Share Markets Are Rising

Closing

Although the benchmark indices opened higher, they traded positive throughout the session and ultimately closed green.

Indian equity benchmarks indices, Sensex and Nifty50 surged as sharp gains in IT, FMCG, and metal shares supported.

At the closing bell, the BSE Sensex  closed points 889 higher (up 1.1%)

Meanwhile, the NSE Nifty closed 265 points higher (up 1.1%)

You can also visit our live blog section for real-time updates and deeper insights into the market.

HUL, Infosys, Trent were the top gainers today.

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Bharat Elec, M&M, Power Grid Corp on the other hand, were among the top losers today.

The GIFT Nifty was trading at 24,303 with 212 points higher at the time of writing.

The BSE 150 Midcap index is trading 0.7% higher and the BSE 250 SmallCap index is trading 1.4% higher.

Sectoral indices were trading mixed today with IT sector and metal sector witnessed buying. Meanwhile, stocks in auto sector and services sector witnesses selling pressure.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

The rupee is trading at Rs 95.6 against the US$.

Gold prices for the latest contract on MCX are trading 0.1% lower at Rs 1,41,475 per 10 grams.

Meanwhile, silver prices were trading 0.4% higher at 2,16,900 per 1 kg.

3 reasons why Indian share markets are rising:

#1 Buying in IT Stocks

IT stocks continued their strong rally, with the IT index gaining 2.8% and extending its three-day rise to 8.5%. Shares of Infosys and Coforge led the gains. Investors shifted towards Indian IT companies as enthusiasm for AI-related chip stocks cooled, boosting sentiment in the sector.

# 2 FII Buying

Foreign institutional investors (FIIs) were net buyers of Rs 755 crore worth of Indian equities on Tuesday. This marked their first net buying session in five trading days. The return of FII inflows helped improve overall market sentiment.

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#3 Fed Likely to Keep Rates Unchanged

Investors expect the US Federal Reserve to leave interest rates unchanged at its policy meeting. However, markets will closely watch the Fed's comments for clues on future rate decisions, as inflation remains a concern. A cautious or hawkish outlook could influence global market sentiment.

Speaking of stock markets, Rahul Shah, Research Analyst at Equitymaster, highlights the risks of rising valuations as investor money continues to flow into popular stocks and index funds.

He emphasizes that while passive investing is effective, investors should not ignore valuations, as even great assets can become poor investments when bought at excessive prices.

Watch the video below to know more.

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Phoenix Mills Q1 Results

Shares of Phoenix Mills came into focus after the company reported its Q1 business update.

Phoenix Mills reported a 23% year-on-year increase in net profit to Rs 3.94 bn for the quarter ended June 30, 2026 (Q1 FY27), compared with Rs 3.20 bn in the corresponding quarter last year. Revenue grew 12.8% year-on-year to Rs 10.75 bn, up from Rs 9.53 bn in Q1 FY26.

EBITDA rose 13.8% year-on-year to Rs 6.42 bn, compared with Rs 5.64 bn in the year-ago period.

On a sequential basis, however, performance softened, with net profit declining 19% from Rs 4.86 bn in Q4 FY26 to Rs 3.94 bn in Q1 FY27.

Suzlon Energy Q1 Results

Shares of Suzlon Energy came into focus after the company reported its Q1 business update.

Suzlon Energy reported a 6% year-on-year decline in net profit to Rs 3.05 bn for the June quarter of FY27, compared with Rs 3.24 bn in the corresponding period last year.

Revenue increased 22% year-on-year to Rs 38.19 bn, up from Rs 31.17 bn a year earlier.

The company delivered 506 MW during the quarter, marking a 14% year-on-year increase. Its EPC (engineering, procurement, and construction) business also expanded, with its share rising to 32% from 22% in Q1 FY26.

To know what's moving the Indian stock markets today check out the most recent share market updates here.

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Sensex Today Rallies 735 Points | Nifty Above 24,000 | Infosys & HDFC Bank Top Gainers

10:30 am

Asian markets traded higher on Wednesday, led by strong gains in South Korea.

US stock index futures traded on a muted note on Tuesday night, while oil prices climbed after U.S. forces intercepted an attack from Iran.

Here's a table showing how US stocks performed on Tuesday:

Stock/Index	LTP	Change ($)	Change (%)	Day High	Day Low	52-Week High	52-Week Low
Alphabet	332.6	6.03	1.85%	335.21	324.54	404.44	188.7
Apple	340.08	3.17	0.94%	342.89	335.6	342.89	201.5
Meta	593.41	-0.46	-0.08%	601	587	796.25	520.26
Tesla	307.44	-1.78	-0.58%	311.16	300.69	498.82	297.82
Netflix	72.39	1.99	2.83%	73.76	71.23	126.71	65.1
Amazon	230.86	-0.53	-0.23%	233.11	228.1	278.56	196
Microsoft	393.35	4.25	1.09%	400.32	391.3	555.45	349.2
Dow Jones	52747.32	537.24	1.03%	52901.87	52443.52	53289.3	43340.68
Nasdaq	27763.14	-276.08	-0.98%	27926.53	27452.95	30762.2	22673.88

Source: Equitymaster

At present, the BSE Sensex is trading 735 points higher, and NSE Nifty is trading 201 points higher.

You can also visit our live blog section for real-time updates and deeper insights into the market.

Infosys, HDFC Bank, TCS among the top gainers today.

Trent, Bharat Elec, Asian Paints on the other hand is among the top losers today.

For a comprehensive overview of key players in the financial sector, check out list of Fin Nifty Companies.

For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.

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The BSE 150 Midcap index is trading 0.5% higher and the BSE 250 SmallCap index is trading 0.7% higher.

Sectoral indices are trading mixed today with stocks in IT sector and auto sector witnessed buying. Meanwhile, stocks in realty sector and oil & gas sector witnessed selling pressure.

The rupee is trading at Rs 95.7 against the US dollar.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

Speaking of stock markets, Rahul Shah, Research Analyst at Equitymaster, highlights the risks of rising valuations as investor money continues to flow into popular stocks and index funds.

He emphasizes that while passive investing is effective, investors should not ignore valuations, as even great assets can become poor investments when bought at excessive prices.

Watch the video below to know more.

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L&T Q1FY27 Performance

Shares of Larsen & Toubro (L&T) came into focus after the company reported its Q1 FY27 results.

Larsen & Toubro (L&T) reported a strong rise in profitability for the quarter, with net profit increasing 14% year-on-year to Rs 41.23 billion (bn) from Rs 36.17 bn.

Revenue grew 7% to Rs 679.42 bn, compared with Rs 636.79 bn in the corresponding quarter last year.

However, EBITDA declined 3% to Rs 61.16 bn from Rs 63.18 bn, leading to a 90-basis-point contraction in EBITDA margin to 9.0% from 9.9%.

On the operational front, the company reported robust order momentum, with group order inflows rising 14% year-on-year to Rs 1,080 bn from Rs 944.53 bn.

L&T's consolidated order book stood at Rs 7,790 bn, up 5% from March 2026, providing healthy revenue visibility for the quarters ahead.

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Tata Capital Q1FY27 Performance

Shares of Tata Capital came into focus after the company reported its Q1 FY27 results.

Tata Capital reported a strong performance for the quarter ended June 2026, with net profit rising 56.3% year-on-year to Rs 15.47 bn, compared with Rs 9.90 bn in the corresponding quarter last year.

Total revenue (sales) increased 15.1% to Rs 88.22 bn from Rs 76.65 bn, reflecting healthy growth in the company's lending and financial services business.

RVNL Strengthens Order Book with Rail Deal

Shares of Rail Vikas Nigam Ltd. (RVNL) are likely to remain in focus after the company secured an Engineering, Procurement and Construction (EPC) contract worth Rs 3.58 bn from East Central Railway.

The project involves doubling the 41-km Sitamarhi-Raxaul rail section under the Samastipur Division, including the construction of bridges, stations, platforms, earthwork, and other associated civil infrastructure.

According to the company's regulatory filing, the domestic contract is scheduled to be completed within 1,095 days.

You can check Indian stock market live updates daily here.

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Indus Tower Q1 FY27 Results | Tata Chemicals Q1 FY27 Results | Top Buzzing Stocks Today

Pre-Open

Indian benchmark indices traded negative throughout the session and ultimately closed red.

Indian equity benchmarks indices, Sensex and Nifty50 settled lower as PSU Bank, FMCG, and chemical shares weighed.

At the closing bell on Tuesday, the BSE Sensex  closed points 69 lower (down 1%)

Meanwhile, the NSE Nifty closed 10 points lower (dwon 0.9%)

You can also visit our live blog section for real-time updates and deeper insights into the market.

TCS, Eternal, Infosys were the top gainers today.

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Bharat Elec, HUL, NTPC on the other hand, were among the top losers today.

The BSE 150 Midcap index is trading 0.01% higher and the BSE 250 SmallCap index is trading 0.4% lower.

Sectoral indices were trading mixed on Tuesday with IT sector and realty sector witnessed buying. Meanwhile, stocks in power sector and telecommunication sector witnesses selling pressure.

For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.

Speaking of stock markets, Tanushree Banerjee, Research Analyst at Equitymaster, highlights that tollbooth monopoly stocks are facing rising regulatory risks that could weaken their strong moats.

She notes that changes like market coupling are challenging platforms such as IEX. The main risk is not earnings, but valuation de-rating due to reduced pricing power.

Watch the video below to know more.

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Top buzzing stocks today

Suzlon Energy share price will be in focus today.

Shares of Suzlon Energy came into focus after the company reported its Q1 business update.

The company reported a net profit of Rs 3.05 bn for the April-June quarter, down 6% from Rs 3.24 bn in the same period last year.

Varun Beverages share price will be in focus today.

Shares of Varun Beverages came into focus after the company reported its quarterly results.

For the quarter ended June 30, Varun Beverages reported a 15.1% year-on-year (YoY) increase in profit after tax (PAT) to Rs 15.5 billion, compared with Rs 13.3 billion in the corresponding quarter last year.

Aurionpro Solutions Q1FY27 Results

Shares of Aurionpro Solutions came into focus after the company reported its Q1 FY27 results.

Aurionpro Solutions reported a 12.6% year-on-year (YoY) decline in profit after tax (PAT) to Rs 0.45 billion for Q1 FY27, compared with Rs 0.51 billion in the corresponding quarter last year, despite reporting higher revenue.

Revenue increased 6.3% YoY to Rs 3.58 billion, up from Rs 3.37 billion in the year-ago period.

The company's operating performance remained under pressure, with EBITDA declining 9.1% YoY to Rs 0.61 billion. Consequently, the EBITDA margin contracted by 300 basis points to 17.2% during the quarter.

Tata Chemicals Q1 FY27 Results

Shares of Tata Chemicals came into focus after the company reported its Q1 FY27 results.

Tata Chemicals reported an 81% year-on-year (YoY) decline in consolidated net profit to Rs 0.6 billion for the quarter ended June, compared with Rs 3.2 billion in the corresponding period last year, as higher expenses weighed on earnings.

Total income increased 13.0% YoY to Rs 43.1 billion from Rs 38.2 billion in the year-ago quarter.

EBITDA stood at Rs 5.6 billion in Q1 FY27, compared with Rs 6.5 billion in Q1 FY26.

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Indus Towers Q1 FY27 Results

Shares of Indus Tower came into focus after the company reported its Q1 FY27 results.

Indus Towers reported a 0.5% year-on-year (YoY) increase in consolidated net profit to Rs 17.5 billion for the quarter ended June 2026, compared with Rs 17.4 billion in the corresponding quarter of the previous year.

Revenue from operations increased 4.6% YoY to Rs 84.3 billion in Q1 FY27, compared with Rs 80.6 billion in the year-ago period. The company delivered steady growth in revenue, while profitability remained broadly stable during the quarter.

To know what's moving the Indian stock markets today, check out the most recent share market updates here