Tata Tech, TVS Motor, Adani Energy among buzzing stocks as SENSEX jumps over 400 pts, NIFTY above 24,100

The Indian benchmark indices, SENSEX and NIFTY50, rallied during the afternoon session on Thursday, July 2, supported by a rally in IT stocks.

Furthermore, investor sentiment was positive as crude oil prices declined for the second consecutive session after Qatar said indirect talks between the United States and Iran have progressed, easing concerns about potential disruptions to crude supplies in the Middle East, as per media reports.

The SENSEX soared as much as 0.7% to hit an intraday high of 77,449.25. Meanwhile, the NIFTY50 touched the session’s high of 24,159.45.

At 1:07 PM, the S&P BSE SENSEX was trading higher by 442.24 points, or 0.57%, at 77,364.88. NSE’s NIFTY50 stood at 24,141.15, reflecting a 135.30-point, or 0.56% jump.

Buzzing stocks on July 2: Check list

IT stocks stole the limelight in early trade on Thursday, July 2, as the beaten-down sector witnessed strong buying interest. The NIFTY IT index, down nearly 30% so far in 2026, rallied sharply with gains across the board.

The NIFTY IT index rallied as much as 3.64% to hit the day's high of 26,709.65 levels, with all ten constituents trading in the green.

Vedanta group stocks stayed firmly in demand on Thursday, July 2, continuing their sustained rally.

The four newly carved-out Vedanta entities, Vedanta Power, Vedanta Aluminium, Vedanta Oil and Gas, and Vedanta Iron and Steel, completed their mandatory 10-day Trade-to-Trade (T2T) settlement period and exited the segment on June 30.

The four demerged companies made their stock market debut on June 15, 2026, following the demerger of Vedanta Ltd.

Tata Technologies shares climbed as much as 7.56% to hit an intraday high of ₹720.85 per unit on the National Stock Exchange (NSE) on Thursday, July 2, after the company said it has expanded its partnership with global automotive component manufacturer Tenneco.

With the partnership, Tenneco is expected to invest $100 million in this engagement over the next five years.

The agreement was signed on June 30 at the Tata Group's headquarters in the financial capital, and the two partners reaffirmed their commitment to advancing technical excellence, digital innovation, and long-term growth, Tata Technologies said in a regulatory filing.

The stock of TVS Motor Company jumped as much as 3.54% to touch the session’s peak of ₹3,617.70 per equity share on July 2, after the company announced robust monthly sales numbers for June, along with giving its Q1 FY27 updates.

The company’s overall sales increased 47% YoY. It registered its highest-ever quarterly sales of 16.31 lakh units during the first quarter of FY27.

It saw two-wheeler sales growing 27% to 15.64 lakh units during the quarter under review, as against 12.32 lakh units in the year-ago period.

Its three-wheeler sales stood at 0.67 lakh in the June quarter of FY27, marking a 48% increase.

Shares of Adani Energy Solutions advanced 3.21% to hit an intraday high of ₹1,570.30 apiece on the NSE, after its board approved a proposal to raise funds by issuing equity shares with a face value of ₹10 each and/or other eligible securities. The fundraising will be for an aggregate amount of up to ₹10,000 crore, or an equivalent amount, through a Qualified Institutional Placement (QIP) or other permissible modes.

The funds are likely to be raised in one or more tranches, subject to necessary approvals, including those from the company’s shareholders and relevant regulatory or statutory authorities, Adani Energy said.

The company will hold an Extraordinary General Meeting (EGM) on Saturday, July 25, 2026, to seek shareholders’ approval for the proposed issuance.

The stock of Adani Ports climbed 1.5% to reach the session’s peak of ₹1,876.80 per equity share on Thursday, as the company reported its monthly business update for June.

According to a regulatory filing, the Adani Group firm stated that its handled cargo volume grew 13% year-on-year (YoY) to 46.8 million metric tonnes (MMT) in June 2026.

It was led by an 18% YoY surge in the company’s container volume and an 11% YoY increase in its liquids.

Adani Port, however, saw a 22% YoY decline in its logistics rail volume to 48,650 twenty-foot equivalent units (TEUs).

Shares of information technology solutions provider CSM Technologies Ltd debuted at ₹113 apiece on the NSE and the BSE on Thursday, July 1. The listing is at par with the IPO issue price of ₹113 per share.

The initial public offering sought to raise ₹145.78 crore by issuance of new equity shares. The proceeds will be utilised to fund working capital needs and debt clearance, with the remainder allocated towards achieving inorganic growth.

Baazar Style Retail’s stock hit its 5% upper circuit on Thursday, July 2, after reporting its business update for Q1 FY27.

The company posted a healthy growth of 29% YoY in its standalone revenue from operations to ₹486 crore during the quarter under review. Furthermore, its same-store sales growth (SSSG) stood at 7%.