Share Market Today: Sensex Rises 178 Points, Nifty Above 24,100 At Open As IT Stocks Shine

Last Updated:July 16, 2026, 09:22 IST

News18

The domestic equity markets opened higher on Thursday, tracking selective buying in IT stocks even as global cues remained mixed amid rising geopolitical tensions in West Asia. At around 9:16 am, the BSE Sensex was trading 178 points, or 0.23%, higher at 77,363.44, while the Nifty 50 gained 55.8 points, or 0.23%, to 24,134.30.

The broader market also remained in the green, with the Nifty Midcap 100 rising 0.25% and the Nifty Smallcap 100 advancing 0.38%. India VIX declined 1.13%, indicating relatively stable market sentiment.

(This is breaking. Details will be added shortly.)

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What factors are driving IT stock performance today?

IT stocks experienced weakness on July 16, contributing to mixed performance in Indian benchmark indices. Asian stocks declined, with semiconductor stocks facing renewed selling pressure due to concerns about the sustainability of AI trade.

Could geopolitical tensions impact market stability further?

Geopolitical tensions, particularly in West Asia, have impacted market stability, contributing to rising crude oil prices and dampening investor sentiment.

News business markets Share Market Today: Sensex Rises 178 Points, Nifty Above 24,100 At Open As IT Stocks Shine

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