Indian equity benchmarks continued their upward momentum for the third straight session on Friday, July 3, 2026, with the BSE Sensex rising 262 points and the NSE Nifty closing above the 24,270 mark.
Market performance on July 3, 2026
The 30-share BSE Sensex advanced 262 points, or 0.33 per cent, to end at 79,654.22. The broader 50-share NSE Nifty gained 95.15 points, or 0.39 per cent, to settle at 24,270.85. The positive close marked the third consecutive day of gains for both indices, reflecting sustained buying interest among investors.
Sectoral trends and drivers
According to market analysts, the rally was broad-based, with gains led by banking, IT, and auto stocks. The Nifty Bank index rose 0.6 per cent, while the Nifty IT index added 0.5 per cent. Auto stocks also saw strong buying, with the Nifty Auto index climbing 0.7 per cent. The positive sentiment was attributed to continued foreign portfolio investor (FPI) inflows and optimism over corporate earnings.
Key movers
Among major gainers on the Nifty were Tata Motors, which rose 2.1 per cent, and Infosys, which gained 1.3 per cent. On the losing side, Dr. Reddy's Laboratories fell 1.2 per cent, and Hindustan Unilever slipped 0.8 per cent. The market breadth was positive, with 1,412 stocks advancing against 1,123 declining on the BSE.
Global cues and outlook
Asian markets traded mixed, with Japan's Nikkei 225 gaining 0.4 per cent while China's Shanghai Composite fell 0.2 per cent. US stock futures were flat ahead of the long weekend. Analysts said that domestic factors, including strong GST collections and stable macroeconomic data, are supporting the market's resilience. The winning streak is expected to continue as long as global headwinds remain muted and earnings season delivers positive surprises.
