Markets end higher led by bank stocks; escalating U.S.-Iran hostilities weigh on investor sentiment
Indian stock markets closed higher, led by banking stocks and positive sentiment following U.S. inflation data. However, gains were tempered by concerns over escalating hostilities between the U.S. and Iran.
Why it matters
Global geopolitical instability continues to influence emerging market volatility and investor confidence.
Market benchmark indices Sensex and Nifty ended higher on Wednesday (July 15, 2026), bouncing back from previous session's sharp decline, led by bank stocks and a softer-than-expected U.S. inflation data reinforcing expectations that the Federal Reserve may adopt a less aggressive monetary policy stance in the coming months.
Escalating hostilities between the U.S. and Iran, however, kept investors' sentiment subdued in the later half of the trade, triggering profit-taking.
The 30-share BSE Sensex climbed 130.49 points, or 0.17%, to settle at 77,185.43. During the day, it jumped 591.33 points, or 0.76%, to 77,646.27.
The 50-share NSE Nifty went up 26.45 points, or 0.11%, to end at 24,078.50.
From the Sensex pack, Eternal, UltraTech Cement, State Bank of India, Bajaj Finance, InterGlobe Aviation, and Asian Paints were among the major winners.
Power Grid, Larsen & Toubro, Tata Steel, and Infosys were among the laggards.
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