Market Rises For 4th Straight Session: Sensex Jumps 521 Points, Nifty Ends Above 24,400 Amid Lower Crude Prices

Last Updated:July 06, 2026, 4:00 PM IST

Market Update: The BSE Sensex settles 521.16 points, or 0.67%, higher at 78,285.07, while the NSE Nifty closes at 24,430.35, up 159.50 points, or 0.66%.

Stock Market Today, July 6.

Extended its winning streak to a fourth straight session, Indian equity markets ended Monday’s session with strong gains amid lower crude oil prices, supported by buying in financial, auto and oil & gas stocks despite mixed global cues. The BSE Sensex settled 521.16 points, or 0.67%, higher at 78,285.07, while the NSE Nifty closed at 24,430.35, up 159.50 points, or 0.66%.

The Sensex, which opened at 77,940.90 today, touched an intraday high of 78,398.06 and a low of 77,879.70 during the session. The Nifty touched an intraday high of 24,458.65 and a low of 24,287.10.

Over the last four trading sessions, the Sensex has gained 1,372 points, or nearly 1.8%, supported by sustained buying in financials, autos and heavyweight stocks.

Financials, autos drive gains; IT remains under pressure

HDFC was the top gainer in today’s session, contributing 92.6 points to the Nifty’s 159-point jump, even as buying was concentrated in financials, automobiles and select heavyweight stocks.

Among top Sensex constituents, HDFC Bank rose 3.37%, followed by Mahindra & Mahindra (2.04%), Bharat Electronics (1.78%), Reliance Industries (1.32%), ICICI Bank (1.01%) and Bharti Airtel (0.88%). Maruti Suzuki, Sun Pharma, Asian Paints and Titan also ended with gains.

On the downside, Kotak Mahindra Bank declined 3.93%, while TCS, Bajaj Finserv, Power Grid, HCLTech, UltraTech Cement, Adani Ports, Bajaj Finance, Infosys and Tech Mahindra also finished lower.

Broader markets outperform; realty, consumer durables shine

The broader market also ended in positive territory. Nifty Midcap 100 gained 0.45%, Nifty Smallcap 100 rose 0.75%, while the Nifty 500 advanced 0.57%.

Among sectoral indices, Nifty Consumer Durables jumped 1.48%, Auto gained 1.36%, Oil & Gas climbed 1.12%, Metal advanced 0.98% and Realty rose 1.81%. On the other hand, IT fell 0.59%, PSU Bank declined 0.88% and Media lost 0.95%.

India VIX remains flat

India VIX remained flat at 11.82, indicating relatively stable market sentiment.

Stable crude, FII inflows support sentiment

Vinod Nair, Head of Research, Geojit Investments Limited, said, “Indian equities traded with a positive bias despite mixed global cues, supported by stable crude prices. Continued softness in crude would support inflation, the current account balance, OMC profitability, and overall macro stability.”

He added that globally, profit-booking in crowded AI-led trades impacted the global market while India could perform well led by large caps due to improvement in FIIs inflows trend.

Commenting on sectoral performance, Nair said, “On the domestic front, financials, autos, realty, and oil & gas led the gains. Financials were supported by expectations of healthy private bank earnings, while autos benefited from strong volume trends and improving demand outlook. Realty remained buoyed by resilient housing demand.”

Focus shifts to Q1 earnings

With the June quarter earnings season set to begin this week, investors will closely track corporate earnings and management commentary for cues on demand trends and the outlook for the rest of FY27. Financials and automobile companies are expected to remain in focus as markets assess the strength of earnings after recent global macro uncertainties eased.

Tata Consultancy Services, India’s largest IT services company, will declare its Q1 quarterly results on Thursday.

About the Author

Mohammad HarisDeputy News Editor (Business)

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalis…Read More

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