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, ETMarkets.comLast Updated: Jul 01, 2026, 03:38:00 PM IST

Synopsis

Indian stock markets surged on Wednesday, breaking a two-day losing spell. Positive global sentiment and other factors propelled investor confidence, with Sensex and Nifty 50 registering significant gains. The market capitalization saw a substantial increase, adding nearly Rs 2.5 lakh crore. While FMCG and Realty sectors led the charge, IT stocks experienced a downturn.

The Indian stock market closed in the deep green on Wednesday, snapping a two session losing streak as positive global cues and other factors boosted investor sentiment.

Sensex gained around 444 points to close at 76,922.64, while Nifty 50 rose over 140 points to end the session at 24,005.85 on Wednesday. This came as India VIX, which measures volatility in market, dropped over 3% to 13.19. The sharp gains added over Rs 2 lakh crore to the total market capitalisation of all companies listed on BSE, pulling it up to around Rs 476 lakh crore.

Zomato-parent Eternal shares rallied around 6% to lead gains on Sensex. Asian Paints and Hindustan Unilever shares meanwhile gained around 3% each to follow. Bucking the trend, IT stocks including Tech Mahindra, TCS and HCL Technologies dropped around 3% each to lead losses.

Broader markets however underperformed benchmark indices. Nifty Midcap 100 and Nifty Smallcap 100 indices are up around 0.3% each. Sectorally, Nifty FMCG and Nifty Realty gained 2% and 4% respectively to lead gains, while Nifty IT dropped more than 2%. Around 1,852 stocks advanced on NSE, while 1,473 declined and 100 remained unchanged.

1) Heavy buying in FMCG stocks

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