Markets rallies, Sensex up 579 pts, Nifty above 24,150

The Indian share market indices ended higher on Thursday, amid broad-based buying across sectors, barring capital goods, power and PSU banks.At close, the Sensex was up 579.48 points or 0.75 percent at 77,502.12, and the Nifty was up 169.85 points or 0.71 percent at 24,175.70.
Infosys, TCS, Tech Mahindra, HCL Technologies, Bajaj Finserv were the top gainers on the Nifty, while losers included Max Healthcare , L&T, Nestle, Axis Bank, Tata Motors Passenger Vehicles.On the sectoral front,IT index surged nearly 5%,while Auto, Realty, Consumer Durables, Metal up 1% each. On the other hand, Capital Goods, Power, Telecom, PSU Bank down 0.4-0.7%.The broader indices also ended in the green, with the Nifty Midcap 100 advancing 0.5 percent and the Nifty Smallcap 100 climbing 1.2 percent.
Rupee Close:
On 2 July'26,the Indian rupee falls 18 paise to close at 95.34 against US dollar on Thursday,as the support from easing crude oil prices was negated by robust dollar demand from importers and corporate hedgers.Forex traders stated the Indian rupee opened higher on an overnight decline in the US dollar following less hawkish comments from Fed Chair Kevin Warsh and a fall in crude oil prices. However, the rupee lost its initial gains on FII outflows and dollar demand from hedgers.
Trading Guide:
Market experts recommended five shares to buy on Thursday : Adani Enterprises, GMR Airports, Krishna Institute of Medical Sciences, CEAT Limited, and ACME Solar Holdings.

(Business Correspondent)