Archive · 29 Jul 2026
Indian Equity Markets Rise on IT, Metal Stock Rally
Indian stocks went up on a Wednesday because two big groups of companies, IT and metal, did well.
The main market indexes, called BSE Sensex and Nifty 50, climbed a lot.
Investors from other countries bought a lot of shares, and local big investors also put money in.
The good news about factories making more stuff helped metal stocks, while a drop in global AI and chip stocks helped IT stocks.
People are watching the US Federal Reserve, which might keep interest rates steady, and that could keep the market happy.
BSE Sensex rose 889 points (1.16%) and Nifty 50 up 265 points (1.10%) on Wednesday.
IT and metal stocks led gains, with mid‑ and small‑cap indices also rising.
Foreign portfolio investors became net buyers, purchasing Rs 2,982 crore in equities.
Strong industrial production data lifted metal stocks, while a global AI and semiconductor correction boosted IT stocks.
Market participants are eyeing the upcoming US Federal Reserve decision, expecting a pause in rates.
- Who
- Indian equity market participants, including institutional investors
- What
- Rally in IT and metal stocks lifted major indices
- When
- Wednesday
- Where
- Indian equity markets (BSE and NSE)
- Why
- Positive sentiment from global AI/semiconductor correction, stronger-than-expected industrial production, and expected pause in US Fed rates
- BSE Sensex change
- +889 points (1.16%)
- Nifty 50 change
- +265 points (1.10%)
- Foreign portfolio inflow
- Rs 2,982 crore
- Domestic institutional inflow
- Rs 998 crore
- Nifty India VIX
- -4.42%