Nifty, Sensex climb in early trade led by IT stocks
Indian stock market indices Sensex and Nifty rose in early trading, driven by gains in the IT sector and positive sentiment following softer U.S. inflation data. Investors are optimistic that the U.S. Federal Reserve may adopt a less aggressive monetary policy stance.
Why it matters
Market performance in India is closely tied to global economic indicators and U.S. monetary policy, influencing investor confidence and capital flows.
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.
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