Sensex and Nifty close flat amid geopolitical uncertainties, fluctuating oil prices
Indian stock markets closed flat on Thursday as gains in IT shares were balanced by profit-taking in blue-chip companies. Investors remain cautious due to geopolitical uncertainties and fluctuating global oil prices.
Why it matters
Market performance is a key indicator of investor sentiment and economic health in India, influenced by both domestic and international factors.
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.
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