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Stock markets trade in positive territory led by IT firms, foreign fund inflows – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Stock markets trade in positive territory led by IT firms, foreign fund inflows

Stock markets trade in positive territory led by IT firms, foreign fund inflows

Infosys, Tech Mahindra, HCL Tech, Tata Consultancy Services, Mahindra & Mahindra and Sun Pharma were among the major winners. Adani Ports, Asian Paints, Eternal and Bharat Electronics were among the laggards. File.
| Photo Credit: AP

Benchmark indices Sensex and Nifty traded in positive territory during early trade on Thursday (July 30, 2026) driven by a rally in IT stocks, foreign fund inflows and a drop in crude oil prices. The 30-share BSE Sensex advanced 75.71 points to 77,726.62 in early trade. The 50-share NSE Nifty went up by 26.90 points to 24,275.85.

From the Sensex pack, Infosys, Tech Mahindra, HCL Tech, Tata Consultancy Services, Mahindra & Mahindra and Sun Pharma were among the major winners. Adani Ports, Asian Paints, Eternal and Bharat Electronics were among the laggards.

Foreign Institutional Investors (FIIs) bought equities worth ₹2,981.87 crore on Wednesday (July 29, 2026), according to exchange data. Brent crude, the global oil benchmark, traded 1.26% lower at $89.60 per barrel. In Asian markets, South Korea’s KOSPI, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index traded lower, while Japan’s Nikkei 225 index quoted in positive territory.

U.S. markets ended significantly lower on Wednesday (July 29, 2026). “The U.S. Federal Reserve kept interest rates unchanged, but an unusually hawkish outcome with three policymakers dissenting in favour of a rate hike pushed long-dated Treasury yields close to two-decade highs,” Rajesh Palviya, Head of Research, Axis Direct, said.

The Dow Jones declined 2.19%, while the S&P 500 and Nasdaq lost 1.52% and 1.74%, respectively, amid renewed selling in technology stocks, he added. On Wednesday (July 29, 2026), the Sensex jumped 888.68 points, or 1.16%, to settle at 77,654.60. The Nifty climbed 264.85 points, or 1.10%, to end at 24,250.20.

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