Sensex rose 172 points to close at 80,771.61, while Nifty gained 63 points to end at 24,627.85.
This marked a reversal after five straight weeks of losses in the Indian equity markets.
In early trade, Nifty touched 24,637.45 and Sensex crossed 80,800, driven by positive gl
obal cues.
Metal stocks led the rally with a 1.6% gain, supported by demand optimism and global price strengt
h.
Auto shares climbed 1.1%, with TVS Motor and Hero MotoCorp gaining on solid Q1 earnings.
Delhivery jumped 4.4% after its net profit rose 68.5% year-on-year to ₹91 crore in Q1 results.
Mid-cap and small-cap indices also rose nearly 0.4%, showing broader participation in the mark
et.
IT stocks lagged behind as the Nifty IT index slipped 0.4% amid U.S. job data concerns.
Foreign investors withdrew $2 billion in July from secondary markets but added $1.7 bil
lion to IPOs.
Investors now focus on the RBI monetary policy on August 6 for direction on rates and inflation