Sensex And Nifty Close Higher As Profit Booking Trims Early Gains

Indian equity benchmarks ended the session in positive territory on Friday, July 10, 2026, despite a late-session pullback. The BSE Sensex settled higher by approximately 238.22 points, or 0.31 percent, to close at approximately 76,741.82, while the NSE Nifty 50 added approximately 80.75 points, or 0.34 percent, to finish at approximately 23,962.80. The indices had opened with significant momentum, with the Sensex reaching an intraday high of approximately 77,326.65.

The positive sentiment was largely supported by strong overnight gains on Wall Street, where semiconductor stocks drove the Nasdaq up by approximately 1.30 percent. Asian markets also mirrored this optimism, with Japan’s Nikkei 225 and South Korea’s Kospi posting notable rallies. Domestically, sectoral performance was led by financials and information technology, while healthcare and telecom stocks faced selling pressure. Jio Financial Services and HDFC Life Insurance emerged as top Nifty 50 gainers, whereas Dr. Reddy's Laboratories saw a decline of approximately 1.23 percent.

Market participants remained cautious following recent volatility, as evidenced by the profit booking observed in the final hour of trade. Foreign Institutional Investors (FIIs) were net sellers on July 9, 2026, offloading stakes worth approximately Rs 532.86 crore. While the broader market remains supported by robust domestic economic indicators, investors are closely monitoring the USD/INR exchange rate, which rose to approximately 95.5130 on July 10, 2026, reflecting ongoing currency fluctuations that could influence future foreign capital inflows.