The Indian benchmark indices extended their recovery for a second consecutive session on July 10, with both the Sensex and Nifty gaining around 1 percent, supported by broad-based buying across sectors.
Amid positive global cues, the market opened on a firm note and extended its gains through the session, with the Nifty 50 touching an intraday high of 24,228.45. The rally was led by IT stocks after Tata Consultancy Services (TCS) reported its June quarter earnings, while buying in realty, metal, banking stocks further boosted sentiment.
At close, the Sensex was up 827.57 points or 1.08 percent at 77,569.39, and the Nifty was up 244.10 points or 1.02 percent at 24,206.90.
For the week, BSE Sensex and Nifty fell 0.2% each.
The broader markets outperformed the benchmark indices, with the Nifty Midcap 100 rising 1.4 percent and the Nifty Smallcap 100 advancing 1.5 percent. Both indices scaled fresh record highs.
Biggest Nifty gainers were Jio Financial, HDFC Life, Adani Enterprises, SBI Life Insurance, Reliance Industries, while losers included Dr Reddys Labs, Eternal, Bharti Airtel, Nestle and Sun Pharma.
Sectoral performance remained broadly positive, with all major indices ending in the green. Realty stocks emerged as the top performers, with the Nifty Realty index surging 3.5 percent, followed by the Nifty PSU Bank index, which rallied 3 percent. The Nifty IT index gained 2 percent, aided by gains in TCS after its June quarter earnings.
Among other sectors, the Nifty Metal index rose 1.5 percent, Nifty Bank climbed 1.4 percent, while Oil & Gas, Private Bank, Energy, Infrastructure and Consumer Durables indices gained between 1 percent and 1.3 percent. The Auto index added 0.72 percent.