India's Sensex and Nifty jump in early trade on July 29

Indian benchmark stock indices surged in early trading on Wednesday, July 29, 2026, rebounding from a flat close the previous day on the strength of information technology stocks, gains in HDFC Bank, and renewed buying by foreign investors. The 30-share BSE Sensex jumped 726.13 points to 77,471.26, while the broader 50-share NSE Nifty climbed 203.50 points to 24,189.05.

Major gainers in the Sensex included Infosys, Larsen & Toubro, Hindustan Unilever, HDFC Bank, Tata Consultancy Services, Tech Mahindra, Bharti Airtel, and HCL Technologies. InterGlobe Aviation, Bharat Electronics, Power Grid, and Axis Bank were among the laggards. The rally was supported by a shift in foreign institutional investor (FII) activity, with data showing they purchased equities worth Rs 755.33 crore on Tuesday, marking a reversal from recent selling.

This strong performance came despite a generally weak backdrop in Asian markets. South Korea's KOSPI index fell sharply, dropping 7.85 percent, while Japan's Nikkei 225 and China's Shanghai Composite also traded lower. Only Hong Kong's Hang Seng index showed gains. The rally also occurred as the global oil benchmark, Brent crude, traded 4.29 percent higher...