Indian equity markets closed sharply higher on Friday, July 10, as broad-based buying lifted major benchmarks.
The BSE Sensex surged 827.57 points, or 1.08%, to end at 77,569.39, while the NSE Nifty 50 also posted strong gains, reflecting renewed investor confidence across sectors.
The rally was supported by positive sentiment in key large-cap names, with HDFC Bank and HCL Tech among the shares in focus for traders.
The broad-based nature of the advance suggests a shift in risk appetite, moving beyond sector-specific rotations to a more generalized market bid.
This momentum follows a period of divergent price action in the banking sector.
Earlier in the week, HDFC Bank and Axis Bank had risen as much as 2.5%, contrasting with a decline of up to 3.5% for Kotak Mahindra Bank.