Sensex Gains on Tech Strength

2026-07-16 04:43 By Jereli Escobar 1 min. read

India’s BSE Sensex edged up about 0.3% to 77,423 at the open on Thursday, led by a rebound in IT stocks as the sector recovered from recent losses and investors positioned ahead of key quarterly earnings from major technology firms.

The broader market also tracked gains from the previous session as investors looked past lingering geopolitical concerns while assessing the global market backdrop.

Still, upside was capped by caution after renewed Middle East tensions lifted crude oil prices.

On corporate news, HDFC Life Insurance reported a 12% rise in first-quarter profit on higher premiums, while ICICI Lombard General Insurance posted a 46% profit decline due to higher claims and weaker commercial insurance.

HDB Financial Services saw quarterly profit rise, supported by strong loan demand and improving asset quality.

Among individual stocks, top gainers included Bector Food (12.2%), Mangalore Refinery & Petrochemicals (11.4%), Emmvee (8.3%), and Himadri (4.0%).



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Sensex Gains on Tech Strength
India’s BSE Sensex edged up about 0.3% to 77,423 at the open on Thursday, led by a rebound in IT stocks as the sector recovered from recent losses and investors positioned ahead of key quarterly earnings from major technology firms. The broader market also tracked gains from the previous session as investors looked past lingering geopolitical concerns while assessing the global market backdrop. Still, upside was capped by caution after renewed Middle East tensions lifted crude oil prices. On corporate news, HDFC Life Insurance reported a 12% rise in first-quarter profit on higher premiums, while ICICI Lombard General Insurance posted a 46% profit decline due to higher claims and weaker commercial insurance. HDB Financial Services saw quarterly profit rise, supported by strong loan demand and improving asset quality. Among individual stocks, top gainers included Bector Food (12.2%), Mangalore Refinery & Petrochemicals (11.4%), Emmvee (8.3%), and Himadri (4.0%).
2026-07-16
Sensex Finishes Slightly Higher
India’s BSE Sensex pared early gains to close about 0.2% up at 77,185 on Wednesday, recovering part of prior session's losses, as investors engaged in profit-booking amid persistent Middle East tensions and higher oil prices. The earlier rally was underpinned by banks and financial stocks ahead of key earnings, with cooler-than-expected US inflation data also lifting sentiment by easing concerns over a more aggressive Federal Reserve. SBIN, Bajaj Finance, HDFC Bank and ICICI Bank added between 0.6% and 1.5%. Meanwhile, Eternal (3.1%) and UltraTech Cement (2.8%) topped the gainers, alongside IndiGo, Asian Paints and Tech Mahindra, all adding more than 1% each. Power Grid was the biggest laggard, falling 1.7%, followed by Larsen & Toubro (-1.7%), Tata Steel (-1.7%), Infosys (-1.4%), NTPC (-1.1%) and Bajaj Finserv (-1%).
2026-07-15
The SENSEX Index Closes 0.16% Higher
The SENSEX Index gained 120 points or 0.16 percent on Wednesday to close at 77175 points. Gains were led by Eternal Limited (3.22%), UltraTech Cement (2.91%) and Indusind Bank (1.67%). Biggest losers were Power Grid (-1.96%), Tata Steel (-1.61%) and Larsen & Toubro (-1.54%).
2026-07-15