Indian Stock Market Updates and Global Market Trends - July 10th

Market updates today, July 10th. Things kept going up in the Indian stock markets this morning. Buying interest was strong across the board, especially in metal , IT , banking , and financial stocks. It felt like a positive shift, fueled by some decent global cues and general optimism about that upcoming earnings season for June.
At ten o'clock something happened. The BSE Sensex managed to climb 1.07% to hit 817.67 points. And the NSE Nifty followed suit, up 247 points, landing at 24,209.80. It was a solid morning start.
The buying just kept strengthening across the broader market. Almost all major sectors were in the Green today. The Nifty Metal index really led the pack, jumping by 2.41%. Then you had Nifty IT up 2.01%, and Nifty Cement ticking up at 1.73%. Nifty MidSmall IT and Telecom also saw a bump of 1.73%. Nifty Chemicals gained 1.41%. Oil and Gas was up 1.38%. And don't forget Realty , up 1.31%, and Media adding another 1.29% to the mix.
Financial stocks held steady too. Nifty Private Bank edged up by 1.19%. PSU Bank also managed a slight gain at 1.01%. Financial Services was up just a hair, around 0.97%.
Healthcare felt a bit flat, honestly. The Nifty Healthcare Index actually dipped marginally, down 0.03%. Pharma traded mostly flat overall.
But the rally wasn't just in the big names. It spread out to the rest of things. Market breadth improved, which is good. Nifty Smallcap 100 climbed 1.34%. Midcap 100 gained 1.11%. And the big Nifty 500 advanced by 1.08% overall.
Meanwhile, the fear level eased a bit. The India VIX actually declined sharply, down 6.58%, settling at 12.48. That suggests investors are feeling less jittery and more confident now.
Looking at who was winning big? Tata Steel jumped up 2.77%. Adani Ports moved up by 2.43%. Tech Mahindra saw a solid rise of 2.18%. HCL Technologies also climbed, up 2.17%. And TCS managed a 1.98% gain.
On the downside, Bharti Airtel was the only one slipping slightly at -0.68%. Eternal also moved down a little bit, losing 0.26%.
The IT sector kept pulling momentum, especially after those earnings reports came out. TCS posted better-than-expected figures for their June quarter. It brought in 4.61% year-on-year increase for consolidated net profit that was Rs 13,349 crore for the quarter ending June 2026. Revenue operations grew nearly 14%, hitting Rs 72,275 crore. People seemed to be buying into that demand from banking and financial services clients, plus some favorable currency moves and solid deal execution.
Banking stocks also held up well. Everyone was positioning themselves for what they expect to be a healthy start to the Q1FY27 earnings season. There’s still that feeling about resilient loan growth and stable asset quality out there.
Over in Asia, things were moving sharply higher too. Wall Street's tech rally overnight clearly influenced them. People are still fixated on that artificial intelligence theme, even with some renewed geopolitical worries brewing in West Asia. Japan’s Nikkei managed an 1.8% rise. South Korea’s KOSPI was up 4%. Chip companies like SK Hynix and Samsung Electronics were ticking up one at 1%, the other at 3%. Taiwan markets , though, they had to shut down because of that typhoon.
And globally, crude oil traded around $76 a barrel. That’s definitely lower than those recent conflict-driven highs. This easing in energy prices helped ease some worries about inflation and generally supported risk sentiment across global equities.
Written by Gree News Team — Senior Editorial Board
Gree News Team covers international news and global affairs at Gree News. Our collective of senior editors is dedicated to providing independent, accurate, and responsible journalism for a global audience.
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