Market Midday, 10 July 2026: Sensex, Nifty 50 Surge In Afternoon Trade

Gains in global equities helped benchmarks back home, with both the Sensex and Nifty 50 advancing in midday trade. At 12:08 pm, the Sensex was up 0.92%, while the Nifty 50 was also up 0.91%. Broader markets were also in positive territory. At 12:10 pm,

• Nifty Midcap 100 index was up 1.08%

• Nifty Smallcap 100 index was up 1.36%

Sectorally, the Nifty IT, Nifty Metal and Nifty Consumer Durables seemed to do well, while Nifty Pharma and Nifty Healthcare appeared to be under pressure.

Top Stocks On The Nifty 50

Stocks of the following companies were the top five performers on the Nifty 50 index at 12:11 pm:

• Jio Financial Services Ltd.

• HDFC Life Insurance Company Ltd.

• Adani Enterprises Ltd.

• Adani Ports and Special Economic Zone Ltd.

• InterGlobe Aviation Ltd.

Stock-Specific Action

• Kalyan Jewellers shares jumped 9% in early trade, thus extending its rally to a staggering 36% over three consecutive sessions.

• Apollo Micro Systems shares jumped as much as 5% in intraday deals after the company announced plans to acquire a stake in Premier Explosives for ₹1,550 crore.

• TCS shares jumped 3.5% in early trade after the company reported a 5% year-on-year (YoY) increase in its net consolidated profit for Q1FY 27.

• Infosys, Wipro, HCL Tech and Tech Mahindra’s shares climbed up to 4% in early trade after TCS announced its better-than-expected Q1 FY27 results.

IPO Corner

In the primary markets:

• Laser Power & Infra’s initial public offering (IPO) entered its second day of subscription. Through the IPO, the company plans to raise ₹742 crore.

• Devson Catalyst and Happy Steels IPOs also entered their second subscription day. The companies aim to raise ₹42.32 crore and ₹25 crore through their IPOs.

• Today is the last day of bidding for the Kusumgar IPO. Through the IPO, the company plans to raise ₹650 crore.

Analysts believe that despite continuing uncertainty in West Asia, markets have largely ignored these developments. That said, any significant escalation could drag benchmarks in the remaining hours.

Also Read - Bank Stocks In Focus Ahead Of Q1 Results: Bank of Maharashtra, Indian Bank Gain As PSU Banks Enter Earnings Season On Strong Credit Growth