May 11, 2026 05:26 pm (IST)
Indian markets rally on Friday on hopes of economic reforms and good monsoon
Mumbai, Jul 1 (IBNS): The Indian benchmark indices rallied for the fifth day on Friday largely based on hopes of a good monsoona nd economic reforms, with the Sensex up 145.19 points to 27144.91, and the Nifty up 40.60 points to 8328.35.
The Nifty ended above 8300 after nearly 10 months.
Strong gains in FMCG, capital goods, oil & gas and pharma stocks held up market sentiment.
Top gainers on Friday included ONGC, BHEL, L&T, GAIL and Dr Reddy's while TCS, Coal India, Adani Ports and HDFC ended as losers.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Sensex at 3 lakh by 2036? Market veteran Raamdeo Agrawal makes bold prediction amid current market volatility
Mon, May 11 2026
Jewellery stocks tumble! Titan, Senco Gold, Kalyan down up to 10% after Modi’s gold appeal
Mon, May 11 2026
Sensex crashes over 1,000 points as West Asia tensions rattle markets, oil prices surge
Mon, May 11 2026
AI takes over? Cloudflare cuts 1,100 jobs as AI surges
Fri, May 08 2026
Profit jumps 30%! Aditya Birla Capital posts strong Q4 FY26 results
Fri, May 08 2026
Claim Settlement Ratio Explained: How It Affects Your Policy
Thu, May 07 2026
