16 July 2026, 14:56 India: Sensex Closes Muted.
India’s BSE Sensex closed virtually unchanged at 77,187 after a choppy session on Thursday, as gains in tech and consumer stocks offset weakness in banking and financials. Investor sentiment remained cautious amid geopolitical uncertainties and fluctuating oil prices, while the focus shifted to the ongoing earnings season. The tech sector rebounded after two straight sessions of losses. HCL Tech (1.7%), Tech Mahindra (1.2%), TCS (0.6%) and Infosys (0.4%) all advanced. Auto stocks such as Maruti (1.4%)and Mahindra & Mahindra (1.2%) gained on expectations of stronger earnings, supported by GST cuts and easier credit availability. Conversely, heavyweight financials dropped following mixed quarterly earnings from insurers ICICI Lombard General Insurance and HDFC Life Insurance. Bajaj Finserv fell around 1%. Private banks HDFC Bank, Axis Bank and Kotak Bank fell 0.9%, 0.6% and 0.3%, respectively.
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