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Indices maintain gains in late morning deals
Jul-10-2026

Domestic equity indices maintained their gains in late morning deals on account of buying by funds and retail investors. Buying in Interglobe Aviation, Adani Ports, Infosys, Tech Mahindra and Reliance Industries helped both the Sensex and Nifty to trade above their psychological levels of 77,400 and 24,150, respectively. Falling crude oil prices and positive cues from global markets supported domestic sentiment. Sentiments were further supported by Indian rupee appreciating 15 paise at 95.31 per dollar. Besides, there was optimism in the markets after the International Monetary Fund said that sustained high growth and continuity in reforms will put India on the path to emerge as a developed economy by 2047. All sectoral indices on the BSE were trading in the green, led by IT, Metal, Utilities, Basic Materials, and Capital Goods.

On the global front, Asian markets were trading in green following positive cues from the US markets overnight. Back home, in the stock specific development, HFCL surged as the company secured export order worth around $51.98 million (equivalent to around Rs 495.80 crore).     

The BSE Sensex is currently trading at 77433.82, up by 692.00 points or 0.90% after trading in a range of 77320.56 and 77588.08. There were 27 stocks advancing against 3 stocks declining on the index.

The top gaining sectoral indices on the BSE were IT up by 1.89%, Metal up by 1.76%, Utilities up by 1.54%, Basic Materials up by 1.49% and Capital Goods up by 1.34%, while there were no losers.  

The top gainers on the Sensex were Interglobe Aviation up by 2.25%, Adani Ports &Special up by 2.18%, Infosys up by 1.99%, Tech Mahindra up by 1.88% and Reliance Industries up by 1.72%. On the flip side, Eternal down by 1.47%, Bharti Airtel down by 0.75% and ITC down by 0.25% were the few losers.

Meanwhile, India and Afghanistan reviewed the entire spectrum of bilateral relations during the fourth round of India-Afghanistan Joint Committee Meeting held in New Delhi. The meeting was co-chaired by M Anand Prakash, Joint Secretary (PAI) in the Ministry of External Affairs (MEA), and Shuaib Baryalai, Director General of the First Political Division in Afghanistan’s Ministry of Foreign Affairs. The PAI Division of the MEA handles matters related to Pakistan, Afghanistan and Iran.

According to the MEA, the two sides discussed cooperation across a wide range of areas, including humanitarian assistance, development partnership, food security, healthcare, education, trade, visa and connectivity. During the talks, the Indian side reiterated its continued commitment to supporting the welfare and development needs of the Afghan people. In turn, the Afghan side expressed appreciation for India's sustained assistance and cooperation across various sectors. 

The MEA said both countries also underscored the importance of maintaining regular consultations and agreed to remain in close contact. They also decided to hold the next round of the India-Afghanistan Joint Committee Meeting at a mutually convenient time.

The CNX Nifty is currently trading at 24157.85, up by 195.05 points or 0.81% after trading in a range of 24120.35 and 24226.05. There were 39 stocks advancing against 11 stocks declining on the index.

The top gainers on Nifty were JIO Financial up by 2.72%, Adani Enterprises up by 2.48%, JSW Steel up by 2.33%, Interglobe Aviation up by 2.15% and Adani Ports up by 2.08%. On the flip side, Dr. Reddy's down by 1.91%, Eternal down by 1.59%, Bharti Airtel down by 0.87%, ITC down by 0.43% and Apollo Hospital down by 0.25% were the top losers.

Asian markets were trading in green; Nikkei 225 surged 974.15 points or 1.44% to 68,718.00, Jakarta Composite gained 6.03 points or 0.1% to 5,918.47, Shanghai Composite strengthened 2.83 points or 0.07% to 4,039.42, KOSPI increased 288.50 points or 3.96% to 7,580.41, Hang Seng advanced 272.82 points or 1.14% to 24,303.00 and Straits Times rose 29.18 points or 0.54% to 5,463.06.
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