The Nifty 50 rose 461.30 points, or 1.99%, to 23,622.90, and the BSE Sensex surged 1,695.4 points, or 2.3%, to 75,527.95.
The broader markets also benefited, with the Nifty MidCap up 2.43% and the Nifty SmallCap rising 2.8%.
Impact On The Stock Market
Sectoral highlights:
Nifty Realty and Nifty Financial Services jumped over 3%, leading the sectoral gains
Nifty IT underperformed, reflecting selective buying patterns
| Sector/Index | Performance |
| IT & BPM sector | -0.09% |
| Healthcare sector | 0.33% |
| Oil & Gas sector | 2.16% |
| Real estate sector | 3.53% |
| PSU Bank in India | 2.71% |
Top gainers today
| Company | Share Price (in ₹) | Change % |
| Shriram Finance | 954.95 | 7.75 |
| Bajaj Finance | 918.30 | 5.49 |
| Larsen | 4,049.30 | 4.85 |
| Interglobe Avi | 4,709.70 | 4.60 |
| Titan Company | 4,184.00 | 3.95 |
Top losers today
| Company | Share Price (in ₹) | Change % |
| Nestle | 1,375.70 | -3.29 |
| ONGC | 246.20 | -2.53 |
| Tech Mahindra | 1,429.20 | -2.45 |
| SBI Life Insurance | 1,706.00 | -0.76 |
| TATA Cons. Prod | 1,100.70 | -0.71 |
Market aftermath: Impact on stocks
IFCI hits 20% upper circuit on NSE DRHP news
IFCI surged 20% to Rs 84.57, marking a fresh 52-week high, amid reports that the NSE may file its draft red herring prospectus (DRHP) next week. IFCI holds a 52% stake in SHCIL, which in turn owns 4.4% of NSE. The proposed NSE IPO is expected to be structured as an offer for sale, attracting strong investor attention.
Bank Nifty jumps 3% as PSU and private banks rally
The Bank Nifty climbed 3%, with all 14 constituents closing higher. HDFC Bank gained 3.7%, AU Small Finance Bank surged 5.7%, IDFC First Bank rose 5.6%, and Punjab National Bank advanced 3.8%. Other major banks including Yes Bank, Canara Bank, Union Bank, IndusInd Bank, Axis Bank, and ICICI Bank also posted gains of 1.6–3.6%. The rally was supported by easing geopolitical tensions and a sharp decline in crude oil prices to $86.4 per barrel, improving the operating environment for banks.
Nestle India falls after FSSAI notice
Nestle India declined nearly 3% after the Food Safety and Standards Authority of India issued a notice over alleged insect detection in Maggi packets. The company rejected the allegations and stated that facts and evidence would establish the truth. The stock fell to an intraday low of Rs 1,376.25 and closed at Rs 1,375.70.
Crude oil trends
Crude oil futures edged lower after US President Donald Trump indicated a peace deal with Iran could be finalized soon:
- August Brent: $88.66 (-1.90%)
- July WTI: $86.11 (-1.82%)
- June MCX crude: ₹8,224 (-1.44%)
- July MCX crude: ₹8,116 (-1.50%)
While the US-Iran deal hopes support sentiment, regional uncertainties and supply disruptions through the Strait of Hormuz continue to influence oil prices.
Conclusion
Indian markets ended strongly on Friday, supported by PSU banks, financials, and realty, amid hopes for a US-Iran truce and falling crude oil prices. IFCI, Shriram Finance, and Bajaj Finance led sectoral gains, while IT lagged. Nestle India faced a setback from regulatory scrutiny. Overall, risk sentiment improved as investors cheered easing geopolitical tensions, with global energy developments and domestic banking measures shaping near-term market direction.
