Sensex today | Stock Market Highlights: Sensex, Nifty end flat as IT gains offset financials drop
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Indian stock markets remained stable on July 16, 2026, with the Sensex closing flat and Nifty 50 dipping slightly, as IT stocks rose while key financial firms faced declines. The ongoing Middle East crisis and its impact on oil prices contributed to investor caution, although some companies like Piramal Finance and BHEL reported improved profits. Analysts suggest that the current earnings season may reveal resilient sectors amidst the uncertainty.
Sensex Today, Nifty 50 | Stock Market Highlights - Find here all the highlights related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 16th July 2026.
Indian shares ended little changed on Thursday, with a rise in IT stocks offsetting a post-results drop in key financial firms, while an escalating crisis in the Middle East kept investors at bay.
Brent crude is down about 33% from its April peak, though renewed attacks between U.S. and Iran have pushed prices off recent lows.
Uncertainty over how the Middle East conflict evolves could shift capital toward domestic themes, while the ongoing earnings season will help identify pockets of resilience, analysts said.
Rupee ended modestly weaker on Thursday, unable to benefit from a dip in oil prices and broad strength in regional currencies in the face of dollar demand linked to maturing non-deliverable forward contracts.
Piramal Finance posted standalone net profit for the quarter ended June 2026 at Rs 439.92 crore compared to Rs 263.25 crore in the same quarter last year.
Board approved raising of funds up to Rs. 4,000 crore
Sensex closed flat at 77,186.87; and Nifty 50 dipped marginally lower by 5.75 pts or 0.02% to 24,072.75.
Tata Motors confirmed it has entered into a Memorandum of Understanding (MoU) with UCO Bank for Commercial Vehicle Financing. This MoU has been executed in the ordinary course of business and does not contain any binding commercial terms. Accordingly, a response to the remaining part of the query is not warranted.
Sensex ends at 77,186.87, up 1.44 points (+0.00%); Nifty closes at 24,072.75, down 5.75 points (-0.02%)
BHEL reports a net profit of ₹376.71 crore for Q1 FY27, rebounding from a loss last year.
JSW MG Motor India plans to boost NEV sales to 80% amid rising EV demand post-West Asia war, says MD Anurag Mehrotra.
360 ONE WAM’s consolidated net profit for the quarter ended June 2026 stood at Rs 330.53 crore compared to Rs 284.67 crore in the same quarter last year.
On standalone basis, PAT declined to Rs 83.49 crore in the quarter under review.
Hyundai Motor Group acquires SoftBank's remaining stake in Boston Dynamics, enhancing strategic control and potential for robotics advancements.
Discover how leveraged ETFs are fueling the AI rally and impacting market volatility, particularly in South Korea's semiconductor sector.
Top gainers of Nifty Midcap 100: Dixon Tech (+6.21%), UPL (+4.75%), SRF (+4.44%), BHEL (+3.27%)
Top losers: ICICI Lombard (-10.72%), Groww (-4.87%), PB Fintech (-3.09%), MCX (-2.61%)
Hero MotoCorp announced its official entry into Germany through a distribution partnership with the KSR Group. The Company will introduce its Euro 5+ compliant product portfolio, led by the XPulse 200 4V series. With this launch, Germany becomes Hero MotoCorp’s fifth European market and its 53rd market globally.
Top gainers of Nifty 50:IndiGo (+1.87%), Wipro (+1.80%), HCL Tech (+1.71%), Maruti (+1.56%)
Top losers: Eternal (-2.58%), SBI Life (-2.41%), Shriram Finance (-0.98%), BEL (-0.92%)
Sensex gained 212.20 points (+0.27%) to 77,397.63, while Nifty rose 25.95 points (0.11%) to 24,104.45
Alkem Lab acquired shares aggregating to Rs. 1100 crore offered by Alkem Medtech Private Limited, a wholly owned subsidiary of the Company in India (“Alkem Medtech”), on a rights basis.
Medi Assist Healthcare Services Limited, India’s leading Health Benefits Administrator, today announced the integration of UIDAI’s Aadhaar Offline Verification Framework into its health benefits platforms after becoming a registered Offline Verification Seeking Entity (OVSE). The integration enables secure, consent-based identity verification across key healthcare journeys, helping members access their health benefits with reduced paperwork while lowering the risk of identity misuse, impersonation, and document-related fraud.
Waaree Energy Storage Solutions Pvt Ltd, a subsidiary of Waaree Energies Limited, announced the commence...
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