Sensex rises 200 points, Nifty above 24,100 amid Middle East jitters. What lies ahead?

July 16, 2026

Indian stock markets showed resilience on Thursday, with Sensex and Nifty gaining slightly. Geopolitical worries from the Middle East conflict did not significantly impact trading. IT stocks led the gains, while some banking shares experienced minor declines. The Indian Rupee remained stable against the US dollar, with oil prices showing muted movement. Analysts anticipate a narrow trading band for the market with a positive bias.

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