Indian stock market, July 5 -- Indian benchmark indices, the Sensex and the Nifty 50, extended their winning streak to a third straight session on Friday, July 3, led by gains in IT and pharmaceutical stocks despite mixed global cues.

The Sensex advanced 262 points, or 0.34%, to close at 77,763.91, while the Nifty 50 gained 95 points, or 0.39%, to settle at 24,270.85.

The market rally was also followed by robust domestic macroeconomic indicators, healthy GST collections, improving industrial activity, and sustained expansion across both the manufacturing and services sectors.

According to Ponmudi R, CEO - Enrich Money, investors are expected to remain focused on developments in the US-Iran negotiations, with markets looking for greater...