Stock Market Today, July 16: Indian Markets Close Muted; IT Gains Counter Selling in Financials
5paisa Capital Ltd
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Last Updated: 16th July 2026 - 05:21 pm
Indian markets ended on a subdued note, with the Nifty 50 slipping 0.02% while the Sensex remained largely steady amid mixed sectoral performance. IT stocks, including Wipro and HCLTech, alongside InterGlobe Aviation, supported the market, whereas banking and insurance stocks limited gains. Global cues were mixed, with weakness across most Asian and European markets. Meanwhile, U.S. equities closed higher in the previous session, while a lower India VIX indicated easing market volatility.
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Stock Market Highlights, July 16
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Domestic Indices Trade Flat: Indian benchmarks ended largely unchanged, with the Nifty 50 slipping 0.02% to 24,072.75, while the Sensex remained near 77,186.87. IT stocks outperformed, led by Wipro and HCLTech, alongside InterGlobe Aviation, whereas financials and insurance stocks witnessed selling pressure.
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Global Cues Mixed: Asian markets ended mixed, with Hong Kong's Hang Seng rising 1.33%, while Japan's Nikkei and Shanghai Composite declined sharply. European markets traded lower at mid-session, as the FTSE 100, DAX, CAC 40, and STOXX 50 all remained under pressure amid cautious sentiment.
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Wall Street Recap: In the previous session, U.S. markets closed higher, with the NASDAQ advancing 0.62%, the S&P 500 gaining 0.38%, and the Dow Jones rising 0.29%. Positive momentum was supported by strength in technology stocks and continued investor optimism despite broader macroeconomic uncertainties.
Stay informed with our in-depth look at what’s driving the stock market tomorrow.
Top Gainers
| Company | Gain |
| Interglobe Avi | 1.83% |
| Wipro | 1.77% |
| HCL Tech | 1.66% |
| Bajaj Finance | 1.60% |
| Maruti Suzuki | 1.47% |
Top Losers
| Company | Gain |
| Eternal | -2.83% |
| SBI Life Insura | -2.37% |
| Bharat Elec | -0.94% |
| Shriram Finance | -0.91% |
| HDFC Bank | -0.88% |
Indian Market Cues
| Index | Value | Change (%) |
|---|---|---|
| Gift Nifty | 24,073.50 | -0.12% |
| Nifty 50 | 24,072.75 | -0.02% |
| Nifty Bank | 57,582.25 | -0.30% |
| SENSEX | 77,186.87 | 1.44% |
India VIX
| Volatility Index | Value | Change (%) |
| India VIX | 12.8825 | -2.92% |
Asian Markets
| Index | Value | Change (%) |
| Nikkei | 66,835 | -2.79% |
| Hang Seng | 25,008 | 1.33% |
| Shanghai Composite | 4,503 | -1.80% |
European Market Mid-Session Update
| Index | Value | Change (%) |
| FTSE 100 | 10,495 | -0.20% |
| DAX | 24,824 | -0.73% |
| CAC 40 | 8,322 | -0.72% |
| STOXX 50 | 6,329 | -0.43% |
U.S. Markets Live Today
| Index | Value | Change (%) |
|---|---|---|
| Dow Jones | 52,658.64 | 0.29% |
| NASDAQ | 26,269.23 | 0.62% |
| S&P 500 | 7,542.40 | 0.38% |
*As of 15:45 IST
This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.
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