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Business Desk – Share Market Today: There is tremendous growth in the Indian stock market on Friday (July 10). In early trading, Sensex is trading at the level of 77,500 with a jump of 700 points or about 0.95 percent.

At the same time, Nifty has also reached the level of 24,150 with a strength of about 200 points i.e. 0.90 percent. In the market today, maximum buying is being seen in shares of IT and metal sectors, due to which the sentiment of investors has strengthened.

TCS shares rise more than 2% due to excellent results

The biggest contribution to today’s rise was from Tata Consultancy Services (TCS). After better results of the first quarter of the financial year 2026-27, the company’s shares are trading at around Rs 2090, rising by more than 2 percent.

The company’s net profit increased from Rs 12,760 crore in the same quarter a year ago to Rs 13,349 crore, that is, an increase of about 5 percent was recorded. At the same time, revenue from operations increased by 14 percent on annual basis to Rs 72,275 crore.

However, TCS shares have fallen by about 30 percent in the last six months and by about 40 percent in the last one year. In such a situation, the rise after the latest results has brought relief for investors.

Declaration of interim dividend of Rs 12 per share

With better quarterly results, the board of TCS has also approved an interim dividend of Rs 12 per share for the financial year 2026-27. The company has fixed July 15 as the record date for this. Its benefit will be available to those investors whose names will be in the list of shareholders of the company till the record date.

Strong support from Asian markets

The rise in the domestic market also got good support from the Asian markets. South Korea’s Kospi index is trading with a strong gain of 4.43 percent. Japan’s Nikkei is up by 1.77 percent and Hong Kong’s Hang Seng index is up by about 1.92 percent. The effect of this strength of Asian markets is clearly visible on the Indian stock market also.

American markets also closed with gains

American stock markets also closed strongly on Thursday. The Dow Jones index rose 139 points or 0.27 percent, while the Nasdaq closed with a rise of 336 points or 1.30 percent. At the same time, an increase of 0.81 percent was recorded in the S&P 500 index. The positive environment of global markets was helpful in increasing the confidence of Indian investors.

FII sold shares, DII took over the market

Foreign institutional investors (FII/FPI) made a net sale of shares worth Rs 533 crore on Thursday. On the contrary, domestic institutional investors (DIIs) boosted the market by buying Rs 2,058 crore. DII has made net purchases of Rs 6,256 crore in the last seven days and Rs 46,664 crore in the last 30 days. At the same time, FIIs have made purchases of Rs 2,066 crore in the last seven days, but their total investment in the last 30 days still remains a net selling of Rs 3,698 crore.

The market had closed on the rise even a day earlier

Earlier on Thursday also the Indian stock market had closed on a strong note. The Sensex rose 238 points and closed at the level of 76,742. On Friday, carrying forward the same momentum, the market has made a strong start and the Sensex has crossed 77,500. Buying in IT stocks, strong results of TCS and positive signals from global markets have further strengthened the confidence of investors.