[Sensex Today] Share Market Highlights: Sensex closes 827 points higher, Nifty settles at 24,206 as crude oil prices cool; Infosys, Tech Mahindra top gainers

Share Market LIVE Updates: Despite escalating tensions between the US and Iran, Indian equity markets opened in the green on Monday, reflecting positive global cues. On July 10, the BSE Sensex surged by around 800 points in early trade, while the NSE Nifty 50 also opened higher at 24,194. The upbeat start was largely supported by gains across Asian markets and firm signals from GIFT Nifty, indicating that investors remained focused on global market strength despite geopolitical concerns.

Why Share Market is Rising Today

Relief over easing US Iran tensions

Indian stock markets opened on a positive note as concerns over the US Iran conflict eased. Investor sentiment improved after US President Donald Trump indicated that a full scale military conflict with Iran was unlikely. The statement reduced fears of a wider regional conflict and encouraged investors to return to equities after recent volatility.

Crude oil prices bring comfort

A fall in crude oil prices also supported the market. Brent crude slipped from recent highs and traded around USD 71 to USD 72 per barrel. Lower oil prices are a positive sign for India because the country imports most of its crude oil. Stable prices can help reduce inflation concerns and ease pressure on the economy.

Positive global market cues

Global markets also provided strong support. Wall Street ended higher as technology stocks gained, lifting investor confidence across international markets. Asian markets followed the positive trend, creating a favourable environment for Indian equities. Strong global cues helped domestic benchmark indices start the session with gains.

FIIs return as volatility declines

Market sentiment improved further as Foreign Institutional Investors returned as buyers after recent selling. Steady domestic inflows also continued to support equities. At the same time, the India VIX, which measures market volatility, remained at a relatively low level. Lower volatility generally reflects improved investor confidence and a more stable trading environment.

Q1 earnings boost confidence

The beginning of the June quarter earnings season also lifted market sentiment. TCS reported a rise in net profit and gave an encouraging outlook on business demand. The results increased hopes of healthy earnings from other large companies as well. Buying interest remained strong in banking, healthcare and telecom stocks, helping the broader market maintain its positive momentum.

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