Sensex Closes on Strong Note

2026-07-17 11:18 By Luisa Carvalho 1 min. read

India’s BSE Sensex gained ground to close about 1.3% firmer at 78,151.5 on Friday, the highest in over a week, powered by gains in tech stocks, financials and autos.

Optimism around corporate earnings offset concerns over Middle East tensions and ongoing foreing outflows.

Tech Mahindra (+3.9%) outperformed as it reported a stronger-than-expected quarterly revenue and offered an upbeat demand outlook, boosting sentiment across the IT sector.

TCS (3%), Infosys (1.5%) and HCL Tech (1.3%) all advanced firmly.

Attention also turned to upcoming earnings from heavyweight company Reliance Industries (+2.6%) and private banks HDFC Bank (+1.4%) and ICICI Bank (+1.7%) after encouraging pre-quarter updates reinforced expectations of healthy quarterly results.

Meanwhile, selling pressure weighed on Sun Pharma (-0.9%), Trent (-0.7%), Bharti Airtel (-0.6%), and UltraTech Cement (-0.6%).

For the week, the benchmark gained roughly 0.8%.



News Stream
Sensex Closes on Strong Note
India’s BSE Sensex gained ground to close about 1.3% firmer at 78,151.5 on Friday, the highest in over a week, powered by gains in tech stocks, financials and autos. Optimism around corporate earnings offset concerns over Middle East tensions and ongoing foreing outflows. Tech Mahindra (+3.9%) outperformed as it reported a stronger-than-expected quarterly revenue and offered an upbeat demand outlook, boosting sentiment across the IT sector. TCS (3%), Infosys (1.5%) and HCL Tech (1.3%) all advanced firmly. Attention also turned to upcoming earnings from heavyweight company Reliance Industries (+2.6%) and private banks HDFC Bank (+1.4%) and ICICI Bank (+1.7%) after encouraging pre-quarter updates reinforced expectations of healthy quarterly results. Meanwhile, selling pressure weighed on Sun Pharma (-0.9%), Trent (-0.7%), Bharti Airtel (-0.6%), and UltraTech Cement (-0.6%). For the week, the benchmark gained roughly 0.8%.
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The SENSEX Index Closes 1.40% Higher
The SENSEX Index went up by 1083 points or 1.40 percent on Friday to close at 78270 points. The rise was led by Tech Mahindra (4.02%), Kotak Mahindra Bank (3.72%) and Tata Consultancy (2.91%).
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Sensex Rises on Tech Optimism
India’s BSE Sensex rose about 0.8% to 77,778 on Friday, rebounding from the previous session’s subdued performance, as information technology stocks gained after Tech Mahindra reported stronger-than-expected quarterly revenue. Investors also looked ahead to earnings from heavyweight companies, including Reliance Industries, HDFC Bank, and ICICI Bank, with Indian equities remaining range-bound in recent weeks. Among corporate updates, Wipro reported quarterly earnings that missed estimates, while Jio Financial Services more than doubled its June-quarter profit, whereas tyre maker CEAT and dairy company Heritage Foods both disappointed on earnings. Global cues also remained mixed, with Brent crude hovering near $85 a barrel amid renewed geopolitical tensions in the Middle East. Among individual stocks, top gainers included Laser Power (10.0%), Jio Financial (4.1%), 360 One (3.8%), and Billionbrains (2.7%). On a weekly basis, the benchmark index is up just 0.28% so far.
2026-07-17