Benchmark indices Sensex and Nifty climbed in early trade on Friday (July 17, 2026), driven by buying in IT stocks after Tech Mahindra reported a 28.4% rise in consolidated net profit for the June quarter.

After a subdued ending in the previous trade, the 30-share BSE Sensex jumped 480.95 points to 77,656.56 in early deals. The 50-share NSE Nifty climbed 125.05 points to 24,201. From the Sensex pack, Tech Mahindra climbed 3% after the IT company reported a 28.4% rise in consolidated net profit for the June quarter at ₹1,465 crore, and expressed confidence about the demand environment.

Infosys, Tata Consultancy Services, HCL Tech, Mahindra & Mahindra and Reliance Industries were also among the winners. Sun Pharma, Bharti Airtel, Trent and UltraTech Cement were among the laggards. The BSE IT index traded 1.25% higher at 28,189.45.

U.S. markets ended in negative territory on Thursday (July 16, 2026). Foreign Institutional Investors (FIIs) offloaded equities worth ₹4,205.56 crore on Thursday (July 16, 2026), according to exchange data.

Brent crude, the global oil benchmark, quoted 0.85% higher at $84.95 per barrel. In Asian markets, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index quoted lower.

On Thursday (July 16, 2026), the Sensex edged up 1.44 points to settle at 77,186.87. The Nifty dipped 5.75 points, or 0.02%, to end at 24,072.75.

Benchmark indices Sensex and Nifty closed almost unchanged on Thursday (July 16, 2026), as profit-taking in blue-chip stocks such as HDFC Bank and Reliance Industries offset gains in IT shares amid geopolitical tensions.

The 30-share BSE Sensex edged up 1.44 points to settle at 77,186.87. During the day, it climbed 394.26 points, or 0.51%, to 77,579.69 but pared gains towards the end of the session. The 50-share NSE Nifty dipped 5.75 points, or 0.02%, to end at 24,072.75.

Among Sensex shares, InterGlobe Aviation, HCL Technologies, Bajaj Finance, Maruti, Mahindra & Mahindra and Tech Mahindra were the major winners. Eternal, Bharat Electronics, Bajaj Finserv, HDFC Bank and Axis Bank were among the laggards.

In Asian markets, South Korea’s Kospi tanked 6.37%. Japan’s Nikkei 225 index and Shanghai’s SSE Composite index also settled lower, while Hong Kong’s Hang Seng index ended higher. Brent crude, the global oil benchmark, dipped 0.39% to $84.62 per barrel. Fluctuating oil prices and weak Asian market trends also weighed on domestic equities, according to an expert.

“Indian equities concluded largely subdued as investors remained cautious amid geopolitical uncertainties, fluctuating oil prices, and weak Asian market trends,” said Vinod Nair, Head of Research, Geojit Investments Limited. Meanwhile, cooling U.S. inflation eased rate concerns and offered downside support, he added.

Markets in Europe were trading lower. U.S. markets ended higher on Wednesday (July 15, 2026). Foreign Institutional Investors (FIIs) offloaded equities worth ₹735.83 crore on Wednesday (July 15, 2026), according to exchange data.

On Wednesday (July 15, 2026), the Sensex climbed 130.49 points, or 0.17%, to settle at 77,185.43. The Nifty went up 26.45 points, or 0.11%, to end at 24,078.50.

Benchmark indices Sensex and Nifty climbed during initial deals on Thursday (July 16, 2026) led by IT stocks and hopes that the U.S. Federal Reserve may adopt a less aggressive monetary policy stance in the coming months following a softer-than-expected inflation data.

The 30-share BSE Sensex climbed 185.77 points to 77,400.40 in early trade. The 50-share NSE Nifty went up by 42.15 points to 24,132.60.

From the Sensex pack, HCL Technologies, Mahindra & Mahindra, Maruti, Tech Mahindra, Infosys, and Bajaj Finance were among the major winners. Eternal, Bajaj Finserv, Axis Bank, and Bharat Electronics were among the laggards. Brent crude, the global oil benchmark, quoted 0.31% lower at $84.69 per barrel.

“With no major changes in crude prices and global markets holding steady, our market is likely to trade in a narrow band with a positive bias. With many companies reporting their Q1 results in the coming days, the market is likely to respond to the results,” V.K. Vijayakumar, Chief Investment Strategist, Geojit Investments Limited said.

In Asian markets, South Korea’s Kospi tanked 6.31%. Japan’s Nikkei 225 index and Shanghai’s SSE Composite index also quoted lower, while Hong Kong’s Hang Seng index traded higher.

U.S. markets ended higher on Wednesday (July 15, 2026). “Overnight, U.S. markets finished higher, with the S&P 500 gaining 0.38% and the Nasdaq adding 0.62%, supported by strength in mega-cap technology stocks and softer U.S. wholesale inflation data that eased concerns over further policy tightening,” Rajesh Palviya, Head of Research, Axis Direct, said.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹735.83 crore on Wednesday (July 15, 2026), according to exchange data.

On Wednesday (July 15, 2026), the Sensex climbed 130.49 points, or 0.17%, to settle at 77,185.43. The Nifty went up 26.45 points, or 0.11%, to end at 24,078.50.