Stock market update, July 3 -- The Indian equity benchmarks extended gains for a second consecutive session on 2 July 2026, driven by broad-based buying across segments.

BSE Sensex rallied 579 points (0.75%) to settle at 77,502.12, while Nifty 50 advanced 170 points (0.71%) to close at 24,175.70. Market breadth heavily favoured bulls with an overall advance-decline ratio of 2,226 to 1,145, while small-cap shares outpaced large-caps by jumping 1.25%.

On the sectoral front, IT stocks hogged the limelight, with Nifty IT surging 4.64%, led by heavyweights like Infosys and TCS. On the contrary, Nifty PSU Bank emerged as a minor laggard, slipping 0.43%. Sentiment was bolstered by easing macroeconomic concerns after Brent crude prices softened...