The BSE Sensex jumped more than 800 points in intraday trading on Friday, July 17, marking a sharp advance for Indian equities.
The rally was concentrated in index heavyweights, with Reliance Industries, HDFC Bank, and ICICI Bank leading the charge as investors positioned ahead of the upcoming first-quarter earnings season.
This move follows a strong close earlier in the week, when the Sensex gained 827 points on July 10, driven by similar factors.
The broad-based buying sentiment extended a positive trend that has characterized Indian markets in recent sessions.
The surge comes as major private lenders have demonstrated robust performance, bolstering confidence in the financial sector.
Meanwhile, easing crude oil prices have provided a tailwind for the broader market, reducing input cost pressures and improving sentiment across energy-sensitive sectors.
This move follows a strong close earlier in the week, when the Sensex gained 827 points on July 10, driven by similar factors.