Why Are Sensex and Nifty Up Today? Indian Stock Market Gains as Nifty 50 Trades Around

Friday morning witnessed some improvement in the Sensex and Nifty 50 index levels, continuing their positive trend and adding to their winning run. Market sentiments are being boosted due to good external cues, improved corporate profits and renewed foreign investments, along with declining crude.

Global Tech Rally Boosts SentimentSentiment on Wall Street has improved due to positive signals, amid a swift rebound in technology stocks. Earnings reports and positive guidance from key US-based technology firms, such as Microsoft, sparked sentiment for the global technology and artificial intelligence space.

What Happened

Strong Q1 Earnings Drive Stock-Specific GainsThe strong results of June quarter have also helped domestic indices, with a number of companies seeing robust buying action. Foreign Investors Return to Indian EquitiesForeign Institutional Investors (FIIs) have come back into the market and bought.

• India Stock Market Today: Indian benchmark indices started Friday’s trading session on a positive note, with the Nifty 50 trading around the 24,350 level.

• At 10:05 AM IST, the BSE Sensex gained 41.90 points, or 0.05%, to trade at 77,970.05, while the NSE Nifty 50 rose 34.25 points, or 0.14%, to 24,351.40.

• Market breadth remained positive, with 2,178 shares advancing, 1,035 declining, and 184 stocks remaining unchanged.

Key Details

Based on exchange figures, the FIIs have bought ₹3,623.51 crore worth of stocks in the previous trading session. Declining Crude Oil Prices Offer ReliefThe fall in the cost of crude oil has helped sentiments, particularly that of India, which is a major.

• Among sectors, the IT index declined nearly 2%, weighing on the broader market, while the auto index outperformed with gains of around 1%.

• The BSE Sensex and NSE Nifty 50 opened higher on Friday, July 31, 2026, supported by positive global market signals, including a strong performance on Wall Street and a sharp recovery across Asian markets.

• The Sensex climbed 70.51 points, or 0.09%, to open at 77,998.66, while the Nifty 50 advanced 44.30 points, or 0.18%, to begin the last trading session of July at 24,361.45.

Why It Matters

The price of Brent crude fell by almost 1% to about $88.16 per barrel. Disclaimer: This article is for informational purposes only and should not be considered as investment advice; investors should consult a qualified financial advisor before making any investment decisions.

• The rally was even seen across the Asian stock exchanges, where South Korea’s KOSPI climbed more than 14% and the Nikkei 225 of Japan increased more than 5%.

• Bajaj Finance rallied by more than 6%, hitting a new 52-week high following a 28% jump in PAT in Q1FY23 to ₹6,081 crore on an y-o-y basis.

What Reports Say

Coverage of the story so far points to:

• In the auto space, M&M and Hyundai Motor India were key performers, driving Nifty Auto higher by 1.2%, aided by robust demand outlook and volume growth.

• LT Foods climbed nearly 3.5%, with its standalone profit surging by 89.6% YoY in the quarter under review.

• Continued reporting by The Sunday Guardian as more details emerge