Sensex Rebounds, Led by Financials

2026-07-15 04:40 By Jereli Escobar 1 min. read

India’s BSE Sensex rose about 0.7% to 77,557 at the open on Wednesday, rebounding from losses in the previous session as softer-than-expected US inflation data lifted global risk appetite and boosted financial stocks.

Financial shares led the rally, helping offset weakness in information technology stocks, which tracked overnight losses in global tech names after a cautious outlook from IBM weighed on sentiment.

Among financial stocks, Axis Bank, State Bank of India, Shriram Finance, and IDBI Bank gained between 1.8% and 3.6%.

However, gains remained capped by renewed geopolitical tensions in the Middle East, which pushed Brent crude prices higher.

Stocks in focus included L&T Technology after reporting an 11.5% rise in quarterly revenue, while Tata Elxsi shares fell about 4.9% even after reporting an 18.2% increase in first-quarter profit.

Wipro and Infosys may remain under pressure after their US-listed shares fell overnight following weak IBM earnings.



News Stream
Sensex Rebounds, Led by Financials
India’s BSE Sensex rose about 0.7% to 77,557 at the open on Wednesday, rebounding from losses in the previous session as softer-than-expected US inflation data lifted global risk appetite and boosted financial stocks. Financial shares led the rally, helping offset weakness in information technology stocks, which tracked overnight losses in global tech names after a cautious outlook from IBM weighed on sentiment. Among financial stocks, Axis Bank, State Bank of India, Shriram Finance, and IDBI Bank gained between 1.8% and 3.6%. However, gains remained capped by renewed geopolitical tensions in the Middle East, which pushed Brent crude prices higher. Stocks in focus included L&T Technology after reporting an 11.5% rise in quarterly revenue, while Tata Elxsi shares fell about 4.9% even after reporting an 18.2% increase in first-quarter profit. Wipro and Infosys may remain under pressure after their US-listed shares fell overnight following weak IBM earnings.
2026-07-15
Sensex Closes Lower
India’s BSE Sensex closed about 0.7% down at 77,055 on Tuesday, halting a three-day advance, largely attributed to the escalation in US-Iran tensions and rising oil prices. The US military struck Iran for a third consecutive night, while President Trump reinstated a naval blockade on Iranian shipping and imposed a 20% charge on goods transiting the Strait of Hormuz. Market sentiment was further dented by renewed foreign outflows and signs of inflationary pressures. Data released on Monday showed India's retail inflation surged to 4.38% in June, exceeding the Reserve Bank of India's (RBI) 4% target for the first time since January 2025. Most sectors saw increased selling pressure. HCL Tech (-4.4%) was the top laggard after its unchanged FY27 guidance overshadowed stronger-than-expected quarterly results. IndiGo (-2.3%), Bajaj Finserv (-2.2%), SBIN (-2.1%), M&M (-2.1%) and L&T(-2%) also posted solid losses. Bharti Airtel (1.7%), TCS (0.9%) and Sun Pharma (0.8%) were among the winners.
2026-07-14
The SENSEX Index Closes 0.77% Lower
The SENSEX Index decreased 600 points or 0.77 percent on Tuesday to close at 77016 points. The decline was led by HCL Tech (-4.64%), Tata Motors (-2.69%) and Bajaj Finserv (-2.28%). On the upside, the strongest performers were Bharti Airtel (1.69%), Sun Pharmaceuticals (1.23%) and Tata Steel (0.90%).
2026-07-14