Indian markets open higher, Sensex at 77,388

Indian equity markets opened higher on Thursday, July 16, 2026, extending gains from the previous session. The benchmark BSE Sensex rose over 225 points at the opening bell to 77,388.42, while the NSE Nifty 50 gained 67.30 points to open at 24,145. In early trade, ten of sixteen major sectoral indices traded in positive territory, with HCL Technologies, Maruti Suzuki, Mahindra & Mahindra, Infosys, and Tech Mahindra among the top gainers.

The positive momentum follows a day of modest gains on Wednesday, when the Sensex closed at 77,185.43 and the Nifty at 24,078.50. Analysts attribute the market's strength primarily to softer-than-expected U.S. inflation data, which has eased global concerns about potential interest rate hikes. This has fostered a positive environment for risk assets worldwide.

Thursday's session is set to be driven by a flurry of corporate announcements. Several major companies, including Wipro, Tech Mahindra, Jio Financial Services, and Bharat Heavy Electricals, are scheduled to announce their quarterly earnings for the June 2026 quarter. Additionally, shares of numerous companies, including Canara Robeco Asset Management Company and Ador Welding, will trade...