Benchmark equity indices Sensex and Nifty ended higher on Friday (July 3, 2026), extending their winning momentum to the third day running, amid a rally in IT stocks and a softer-than-expected U.S. jobs data tempering expectations of near-term monetary tightening by the Federal Reserve.

The 30-share BSE Sensex climbed 261.79 points, or 0.34%, to settle at 77,763.91. During the day, it jumped 655.4 points, or 0.84%, to 78,157.52.

The 50-share NSE Nifty went up 95.15 points, or 0.39%, to end at 24,270.85.

From the Sensex pack, HCL Tech surged 5.79%, followed by Tech Mahindra which climbed 1.81%. Bharti Airtel, Sun Pharma, Bajaj Finserv, UltraTech Cement, Tata Steel Bajaj Finance, Tata Consultancy Services, and ICICI Bank were also among the winners.

Axis Bank, State Bank of India, Mahindra & Mahindra, and Larsen & Toubro were among the laggards.

In Asian markets, South Korea’s Kospi rebounded nearly 6%. Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index also ended in positive territory.

“Domestic markets closed the session higher, despite intermittent volatility and profit-booking, aided by supportive global cues and growing expectations of a more accommodative global rate environment following softer U.S. labour market data.

“Sentiment was further lifted by positive outcomes from the India-Japan Summit and continued recovery in the IT sector,” Vinod Nair, Head of Research, Geojit Investments Ltd, said.

On the domestic front, softening crude oil prices remain a key macro tailwind, supporting the inflation outlook, external balances, and overall economic stability, he added.

Markets in Europe were quoting on a mixed note.

U.S. markets ended on a mixed note, with the Dow Jones Industrial Average surging 1.14%, while the Nasdaq Composite declining 0.80%. The S&P 500 ended flat.

Brent crude, the global oil benchmark, went up 0.24% to $71.97 per barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹311.82 crore on Thursday, according to exchange data.

On Wednesday, the Sensex jumped 579.48 points, or 0.75%, to end at 77,502.12. The Nifty rallied 169.85 points, or 0.71%, to settle at 24,175.70.