Stock Market Today: Sensex Rises to 77,314, Nifty50 Climbs to 24,124 on IT Rally

Key Takeaways

• Infosys, HCLTech, and Adani Enterprises emerge as top gainers and lift market sentiment.

• Nifty IT jumps nearly 4 percent and becomes the best-performing sector of the day.

• Knack Packaging IPO enters day two while five SME IPOs reach final subscription day.

The Indian stock market stays in the green on Thursday, July 2, 2026, as strong buying support lifts the benchmark indices higher. The rise comes after positive global signals and better investor confidence after an important development in international politics. Fresh talks between the United States and Iran in Doha bring relief to global markets and help reduce pressure on crude oil prices.

At the time of writing, the Nifty50 rises 0.5 percent or 119.10 points and reaches 24,124.95. The Sensex also shows strength and moves up 0.51 percent or 391.68 points to touch 77,314.32. The overall mood in the market remains positive as major sectors support the upward move.

IT Stocks Lead the Market Rally

The biggest support for today’s market rise comes from information technology stocks. Strong demand in the IT sector pushes the market upward and creates fresh buying interest across major companies. Investors show confidence in technology companies as the sector records the best performance among all market segments.

The Nifty IT index jumps nearly 4 percent and stands as the top sector of the day. Large technology firms play a major role in this sharp rise. Better sentiment in global technology markets also helps boost confidence in Indian IT shares.

Among the biggest gainers in the Nifty50 index, Infosys takes the lead with strong gains. HCLTech also records a solid rise and remains one of the top performers during the session. Adani Enterprises joins the list of major gainers and adds further strength to the benchmark index.

Fall in Oil Prices Supports Investor Sentiment

Another major reason behind today’s market rise comes from lower crude oil prices. Global markets react positively after the United States and Iran complete important talks in Doha. This development reduces fears around supply disruption and brings down international oil prices.

Lower oil prices often create positive conditions for the Indian economy since India imports a large amount of crude oil. A fall in oil prices helps reduce inflation pressure and cuts import costs. As a result, investors show more confidence in equities and support buying activity in the market.

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Broader Markets Also Trade Higher

The positive mood does not remain limited to large-cap stocks. Broader markets also show healthy movement during the session as investors continue to place money in mid-sized and smaller companies.

The Nifty MidCap index trades 0.33 percent higher and reflects stable demand in the broader market segment. At the same time, the Nifty SmallCap index moves up 0.43 percent and shows continued interest in smaller companies.

Sector Performance Shows Mixed Trend

Different sectors show mixed performance during Thursday’s trade session. The technology sector stands as the clear winner and records the strongest gain among all indices.

The Nifty Realty index performs well and remains among the top sectors of the day. The Nifty Consumer Durables index also trades with strength as investors continue to support consumption-based companies.

On the other hand, the Nifty PSU Bank index records the biggest fall among sectoral indices. Weakness in public sector banking stocks puts pressure on the banking segment even as the overall market stays positive.

IPO Market Remains Active

The primary market also sees important activity on Thursday. Knack Packaging’s initial public offer enters the second day of subscription. The company plans to raise ₹439.5 crore from the primary market. Market participants watch subscription numbers closely as interest remains steady.

Apart from this, five SME IPOs enter the final day of subscription. These include Kratikal Tech, Vinit Mobile, Sampark India Logistics, Seemax Resources, Atharva Polyplast, and Teja Engineering Industries.

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Positive Sentiment Continues

Thursday’s market session remains strong as gains in IT stocks and lower oil prices create positive momentum. The Nifty50 and Sensex stay higher, broader markets remain firm, and IPO activity keeps investor interest active.

FAQs

1. Why did the Indian stock market rise on July 2, 2026? 

The market climbed due to an exceptional 4% rally in IT stocks and falling crude oil prices, which dropped following positive US-Iran geopolitical talks in Doha.

2. What are the Nifty50 and Sensex levels today? 

The Nifty50 index gained 0.5% to reach 24,124.95 points, while the Sensex advanced 0.51% to finish the trading session at 77,314.32.

3. Which sector performed the best during the session? 

The Nifty IT index was the day's clear winner, surging nearly 4% as large tech firms like Infosys and HCLTech experienced heavy institutional buying support.

4. How did the broader market and other sectors respond? 

Mid-cap and small-cap indices climbed over 0.3%, showing broad-based strength, though the public sector banking sector (Nifty PSU Bank) bucked the trend and closed lower.

5. Which IPOs are currently active in the primary market? 

Knack Packaging’s ₹439.5 crore IPO entered its second subscription day, while five SME public issues—including Kratikal Tech and Sampark India—reached their final bidding day.