Market: Sensex rises 965 pts, Nifty at 24,334;IT, banks rally

The domestic share market traded positive on Friday led by robust buying in auto, information technology and banking stocks.Besides,gains in Reliance Industries ahead of Q1 results further added to the investor sentiment.At close, the Sensex was up 964.58 points or 1.25 percent at 78,151.45, and the Nifty was up 261.55 points or 1.09 percent at 24,334.30.For the week, BSE Sensex added 0.5% and Nifty rose 0.7%, according to agency reports.

#Indian markets opened higher on Friday despite US-Iran tensions, with Sensex and Nifty gaining as investors shifted focus to Q1 earnings and heavyweight buying. pic.twitter.com/JhCsrdmoaR

— newsinc24 (@newsinc24) July 17, 2026

Kotak Mahindra Bank, Tech Mahindra, TCS, Jio Financial, Reliance Industries were the top gainers on the Nifty, while losers included Hindalco, Dr Reddys Labs, Wipro, Sun Pharma and Max Healthcare.On the sectoral front,Also, .On the sectoral front, the Nifty Private Bank was the top gainer, surged 2.12 per cent. The Nifty IT, Nifty Auto and Nifty Realty indices surged 1.75 per cent, 1.24 per cent, and 1.34 per cent, respectively. While, Nifty Pharma & Nifty Healthcare ended the day as top sectoral losers.The broader market underperformed the benchmarks, with Nifty midcap index falling 0.4 percent and smallcap index losing 0.2 percent.
Rupee Close:
On 17 July'26, the Indian rupee rises 14 paise to close at 96.28 (provisional) against the U.S. dollar on Friday, on possible intervention from the Reserve Bank of India after four consecutive sessions of decline.Elevated tensions in West Asia, which pushed up global oil prices, maintained pressure on the local unit, forex traders said.
Trading Guide:
Market experts recommended five shares to buy on Friday,: Tanla Platforms, India Nippon Electricals, Apcotex Industries, Info Edge (India), and Venus Pipes and Tubes.

(Business Correspondent)