Stock Markets Rebound in Early Trade; Sensex Jumps 726 Points
- On Wednesday, July 29, 2026, Indian equity benchmark indices opened higher as the BSE Sensex jumped 657.85 points, or 0.85 per cent, to 77,423.77, while the NSE Nifty gained 191.3 points to 24,176.65.
- Brent crude rebounded 4.29% after falling 14% in three sessions amid US-Iran war escalation, while Foreign Institutional Investors turned buyers on Tuesday, purchasing equities worth Rs 755.33 crore.
- Market breadth remained positive with 1,837 stocks advancing against 550 declining on the NSE, led by IT stocks like Infosys, which gained 3.89 per cent, and Tata Capital, up 5.5%.
- Sachin Gupta, VP of Research and Technical Research at Choice Broking Private Limited, advised traders may "adopt a buy-on-dips approach while closely tracking the 23,900 support and 24,300 resistances."
- Across Asian markets, performance remained mixed as Japan's Nikkei 225 rose 2.02 per cent and Hong Kong's Hang Seng gained 0.10 per cent, while South Korea's KOSPI dropped 7.85%.
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Stock Market Surge: The Indian stock market is experiencing a meteoric rise on the third trading day of the week. Despite a sharp rise in crude oil prices, the Sensex and Nifty opened with strong gains.
Indian Markets Open Sharply Higher on Positive Global Cues; Sensex Up 650 Points, Nifty Above 175 Points
Get latest articles and stories on Business at LatestLY. Indian benchmark equity indices opened sharply higher on Wednesday, tracking positive global cues as investors reacted to easing crude oil prices, firm Asian markets, and the implementation of new U.S. tariff measures that were largely in line with market expectations. Business News | Indian Markets Open Sharply Higher on Positive Global Cues; Sensex Up 650 Points, Nifty Above 175 Points.
Sensex jumps 800 points: 3 reasons why the stock market is rising today
The BSE Sensex was trading 823.42 points, or 1.07%, higher at 77,589.34 in early trade, while the NSE Nifty50 climbed 233.80 points, or 0.97%, to 24,219.15, as of 10:10 am, extending gains for the second straight session, led by strong buying in IT stocks.
29 July, 2026 Stock Market Updates: Sensex surges 657 points, Nifty above 24,150, IT stocks rally
Most Asian shares continued to fall on Wednesday as concerns over high valuations, intensifying competition, and heavy AI-related investments unsettled investors ahead of key earnings reports from major technology companies.
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