Stock Market Highlights | 12th July

The Sensex and Nifty50 indices reached all-time highs on Friday driven by a strong increase in information technology (IT) stocks.

• The BSE Sensex jumped by almost 1,000 points during the day to reach an all-time high of 80,893.5
•  Nifty50 also rose to 24,592 before the release of the CPI inflation data for June.
  
  TCS's stock price jumped by almost 7 percent today following the release of its Q1 results for FY25, which exceeded expectations and suggested a potential increase in demand. Infosys, Tech M, and HCL Tech also saw gains of as much as 3.4 %. Besides that, Axis Bank, RIL, JSW Steel, and the Bajaj twins combined to contribute 1.4 percent, boosting the mood.
  
  At the end of the day, the BSE Sensex was at 80,519, with an increase of 622 points, while the Nifty50 closed at 24,502, with a gain of 196 points.
  
  Both indices rose by 0.77 percent, in contrast to a 0.22 percent decrease in the BSE MidCap and a 0.13 percent decrease in the BSE SmallCap.
  
  The Nifty IT sector surged by 4.5 % while the Nifty Media sector increased by 2 %. The Nifty Realty index saw a decline of 1.5 %.