Indian equity markets closed with solid gains on Friday, July 10, as strong performance in the financial and technology sectors helped erase most of the week's losses.
The rally was broad-based, with major indices rising over 1% in the session.
40%, while IT major Tata Consultancy Services (TCS) provided significant support to the broader market sentiment.
Nifty Realty led the advance, surging 3.40%, while IT major Tata Consultancy Services (TCS) provided significant support to the broader market sentiment.
The positive momentum was further bolstered by a decline in crude oil prices, which helped ease inflationary concerns and improve risk appetite among domestic investors.
Financial stocks, which had been a key driver of market activity earlier in the week, continued to attract buying interest.
ICICI Bank, which emerged as a primary beneficiary of the recent rally, contributed to a combined valuation increase of ₹88,678.1 crore across six of India's top-10 most valuable firms.