Indian benchmark indices Sensex and Nifty opened sharply higher on Friday, July 10, with gains of over 1%, supported by strong IT earnings, positive global market sentiment, easing crude oil prices and improved investor confidence.
The Indian rupee strengthened by 18 paise against the US dollar on Wednesday, opening at 94.42 compared to its previous close of 94.60. The domestic currency touched its strongest level since May 7, 2026, reflecting improved investor sentiment and easing concerns over India's import bill.
