Sensex surges 600 points, Nifty above 24,350. 7 key factors behind today’s D-Street rally

July 3, 2026

Indian stock markets surged on Friday, with Sensex and Nifty climbing over 0.8% each. This rally was fueled by a calmer Middle East situation and reduced expectations of further US Federal Reserve rate hikes. IT stocks led the charge, while broader markets saw more modest gains. The overall market sentiment remained positive, indicating investor confidence.

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