Investors upbeat, optimism gathers momentum

Dalal Street gains for the second straight week to post its biggest weekly gains in three months. All front line indices gain about 2% with IT stocks leading the upmove. Energized by encouraging corporate updates and rising optimism ahead of the Q2FY26 earnings season, the market witnessed a strong upswing. Supportive global cues and improved investor confidence further fueled the rally. Broader indices joined the momentum, with mid-caps posting notable gains, while small-caps largely traded sideways.

- Motilal Oswal Team

Equity markets witnessed a strong uptrend through most of the week, driven by upbeat corporate updates and positive macro cues.

The Sensex and Nifty gained over 2% across four sessions, supported by the RBIs improved GDP outlook and lower inflation forecast. After a brief pause on Wednesday amid caution ahead of Q2 results, indices rebounded sharply on Thursday as optimism grew around TCS’s earnings and to say, it delivered earnings ahead of estimates, with the Sensex closing above 82,100 and Nifty near 25,200.