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Iran talks, crude crash fuel midday rally; IT joins financials at the top, pharma bleeds

Sensex and Nifty 50 rally amid falling crude prices and positive sentiment, with IT stocks gaining while pharma struggles.

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economictimes.indiatimes.com

thehindubusinessline.com

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thehindubusinessline.comStai leggendo22 h fa

Iran talks, crude crash fuel midday rally; IT joins financials at the top, pharma bleeds

Nifty 50 +0.84% as crude falls ~6% on US-Iran talks reopening Strait of Hormuz; IT stocks (Infosys +3.27%, TCS +3.06%) lead rally. Lower energy costs and eased supply risk strengthen risk appetite for tech sector capex and M&A in Asia's growth markets.

originale

economictimes.indiatimes.com18 h fa

Market wrap: TCS, IndiGo, Sun Pharma among top gainers and losers on Nifty and Sensex on Monday

Trump's Iran-talks announcement triggered 1.6% Nifty rally by easing crude pressures and inflation concerns. Lower energy costs strengthen IT earnings outlook, though RBI policy shifts and elevated US yields pose risks to sustained foreign capital flows into India.

Timeline cronologica

lunedì 3 agosto 2026·economictimes.indiatimes.com
Why is market rising today? Sensex surges 500 points, Nifty above 24,500. 6 key factors fueling the rally
Indian stock markets saw significant gains on Monday, with the Sensex and Nifty rising approximately one percent. This surge followed US President Donald Trump's announcement of…
lunedì 3 agosto 2026·thehindubusinessline.com
Sensex, Nifty gap up on Iran diplomacy, crude slide; financials lead, pharma drags

Iran talks, crude crash fuel midday rally; IT joins financials at the top, pharma bleeds

Market wrap: TCS, IndiGo, Sun Pharma among top gainers and losers on Nifty and Sensex on Monday

Timeline cronologica

Why is market rising today? Sensex surges 500 points, Nifty above 24,500. 6 key factors fueling the rally

Sensex, Nifty gap up on Iran diplomacy, crude slide; financials lead, pharma drags

Iran talks, crude crash fuel midday rally; IT joins financials at the top, pharma bleeds

Market wrap: TCS, IndiGo, Sun Pharma among top gainers and losers on Nifty and Sensex on Monday