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2026.07.1711:18:57UTC+00Sensex Closes on Strong Note

India’s BSE Sensex climbed 1.3% to close at 78,151.5 on Friday, its highest level in over a week, supported by gains in technology, financial, and automobile stocks. Sentiment was lifted by stronger corporate earnings, even as investors remained cautious about geopolitical tensions in the Middle East.

Tech Mahindra (+3.9%) led the advance after reporting better-than-expected quarterly revenue and issuing an upbeat demand outlook, which bolstered optimism across the IT space. Peers TCS (+3%), Infosys (+1.5%), and HCL Tech (+1.3%) also posted solid gains.

Markets also focused on upcoming results from heavyweight Reliance Industries (+2.6%) and private-sector lenders HDFC Bank (+1.4%) and ICICI Bank (+1.7%), following encouraging pre-quarter business updates that strengthened expectations of robust quarterly performance.

On the downside, Sun Pharma (-0.9%), Trent (-0.7%), Bharti Airtel (-0.6%), and UltraTech Cement (-0.6%) faced selling pressure.

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