Sensex Today Rallies 579 Points; Nifty Above 24,150

Although the benchmark indices opened higher, they traded positively throughout the session and ultimately closed green.

depositphotos_672417582-stock-photo-businessman-checking-stock-market-trends.jpg
Source: DepositPhotos

Although the benchmark indices opened higher, they traded positively throughout the session and ultimately closed green.

Indian equity benchmark indices, Sensex and Nifty50, extended gains sharply as oil prices declined on positive signs of the US and Iran trade talks.

At the closing bell, the BSE Sensex  closed 579 points higher (up 0.7%)

Meanwhile, the NSE Nifty closed 169 points higher (up 0.7%)

TCS, Infosys, HCL Tech were the top gainers today.

Bharat Elec, Axis Bank, Kotak Mahindra, on the other hand, were among the top losers today.

The GIFT Nifty was trading at 24,248 with 204 points higher at the time of writing.

The BSE 150 Midcap index is trading 0.6% higher, and the BSE 250 SmallCap index is trading 0.9% higher.

Sectoral indices were trading mixed today, with the power sector and telecom sector witnessing selling pressure. Meanwhile, stocks in the realty sector and IT sector witnessed buying.

The rupee is trading at Rs 95.3 against the US$.

Gold prices for the latest contract on MCX are trading higher at Rs 1,44,426 per 10 grams.

Meanwhile, silver prices were trading 0.4% higher at 2,31,300 per 1 kg.

TVS Motor Reports Strong June Performance

Shares of TVS Motor Company came into focus after the company reported a 47% rise in sales volume for the month of June.

TVS Motor reported a strong performance in June 2026, with total sales rising 47% year-on-year to 590,003 units. Growth was driven by strong demand across motorcycles, scooters, electric two-wheelers, and exports.

Domestic two-wheeler sales increased 46%, while scooter sales jumped 53% and motorcycle sales grew 42% compared to the same month last year. Electric two-wheeler sales more than tripled to 48,537 units, reflecting rising demand for EVs. The company's international business also recorded a 47% increase in sales.

For the April-June quarter (Q1 FY27), TVS Motor achieved its highest-ever quarterly sales, selling 1.63 million units.

Texmaco Rail Bags Major Wagon Orders

Texmaco Rail & Engineering shares gained after the company secured two domestic orders worth Rs 3,511.6 million for the manufacture and supply of wagons and rakes.

The larger order, worth Rs 2,532.8 million, was awarded by JSW (South) Rail Logistics and is scheduled to be completed within 13.5 months from the commencement date. The second order, valued at Rs 978.8 million, was received from Sushila Transport and is expected to be executed by 31 October 2027.

The new orders strengthen Texmaco Rail's order book and further enhance its position in the railway freight wagon manufacturing business.

Force Motors Reports Strong June Sales

Force Motors' shares gained after the company reported a 23.5% year-on-year increase in total sales to 3,568 units in June 2026, compared with 2,889 units in the same month last year.

The growth was driven by strong domestic demand, with domestic sales rising 26.8% to 3,547 units. However, exports declined sharply to 21 units from 88 units a year ago.

Force Motors manufactures light commercial vehicles, utility vehicles, engines, and a range of automotive components.

Comments