FIIs were net sellers of ₹1,305.13 crore across the NSE, BSE and MSEI, while DIIs purchased ₹2,439.24 crore, resulting in a net institutional inflow of ₹1,134.11 crore, according to provisional exchange data. On the NSE alone, FIIs dumped ₹1,527.41 crore and DIIs bought ₹2,563.05 crore, underscoring the shift in investor sentiment.
Sensex closed at 73,034, up 1,109 points, and Nifty settled at 22,722, gaining 359 points – both more than 1% higher than the previous session. The midcap index climbed 624 points to 59,459, while the Nifty Bank rose 563 points to 55,481.
IT stocks dominated the rally; the Nifty IT index recorded its biggest single‑day gain since May 2025. HCLTech surged over 8% after its second‑quarter results, and TCS advanced nearly 10% since announcing its Q2 earnings three days earlier. Shriram Finance and PNB Gilts also posted gains above 6%.
Not all stocks followed the trend – RBL Bank fell more than 7% amid net‑interest‑margin concerns, and ICICI Prudential Life Insurance slipped over 3% as new‑business value and VNB margin missed estimates. Maruti Suzuki extended its losses to an 18‑month low, while Paytm and MobiKwik swung sharply before closing higher following NPCI’s deferral of the UPI merchant‑discount‑rate decision.
The rupee strengthened 1.5% against the dollar over two sessions, aided by RBI measures. Finance Minister announced that debate on long‑term capital‑gains tax and securities‑transaction‑tax is healthy, inviting stakeholder views.