Sensex gains 579 points, Nifty ends above 24,150: 5 reasons why stock market rose today

Indian indices rose, Sensex up 579 pts, Nifty above 24,150, led by IT stocks, oil companies. Bank of Baroda fell on NMC Health settlement.

Indian indices rose, Sensex up 579 pts, Nifty above 24,150, led by IT stocks, oil companies. Bank of Baroda fell on NMC Health settlement.

Baazar Style Retail reported a 29% year-on-year increase in standalone revenue for the June quarter, while same-store sales growth came in at 7%. The company added a net 13 stores during the quarter.

Bank of Baroda said it has agreed to pay $600 million (approximately ₹5,700 crore) to resolve the long-running legal dispute.

Shares of LG Electronics India Ltd ended at ₹1,563.00, up by ₹2.45, or 0.16%, on the BSE.

State-run NBCC secured work orders worth ₹955.13 crore during the quarter ended June 30, with projects spanning Uttar Pradesh, Goa, Jammu & Kashmir, Delhi, West Bengal and Manipur.

Renu Baid Pugalia, Senior VP-Research at IIFL Institutional Equities, shares her outlook on Thermax, CG Power, ABB and Dixon Technologies, highlighting margin recovery, export opportunities and key growth drivers in the capital goods sector.

Abhishek Pathak, VP – Institutional Research Analyst, Tech & IT at Motilal Oswal Financial Services, expects Infosys and HCLTech to lower the upper end of their FY27 guidance, remains cautious on KPIT Technologies following its profit warning, and warns that…

Bank of India’s advances at the end of the June quarter, increased to ₹7.97 lakh crore globally, a growth of 18.6% from the year-ago quarter. Most of the loan growth came from the domestic business, where gross advances grew 19.1%…

Tata Technologies’ gains also came amid a broader recovery in tech stocks, with the Nifty IT index gaining nearly 4.5%, emerging as the top sectoral gainer on Thursday after witnessing sharp selling in the previous session.

S Naren, Executive Director and CIO of ICICI Prudential AMC, which managed funds worth $3 billion as of May 31, 2026, said improving macro conditions have strengthened India’s outlook but global AI-led capital flows continue to favour overseas markets. Naren…