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Stock Market: Sensex, Nifty edge up amid weak global market trends, tariff-related uncertainty
Samira Vishwas | July 17, 2025 2:24 AM CST

Mumbai: The BSE Sensex gained 63.57 points to close at 82,634.48 on July 16, 2025, Wednesday. The 50-share NSE Nifty settled 16.25 points higher at 25,212.05. The benchmark indices ended the day marginally higher as investors stayed on the sidelines amid weak global market trends and tariff- uncertainty.

Gainers from the Sensex pack included, ITC, State Bank of India, Infosys, Adani Ports, Mahindra & Mahindra, and Tech Mahindra. Laggards from the pack included, Tata Steel, Tata Motors, Bajaj Finance, Bharat Electronics, Eternal, and Sun Pharma.

Shanghai’s SSE Composite, South Korea’s Kospi, Japan’s Nikkei 225 and Hong Kong’s Hang Seng closed lower. The US stock markets closed mostly lower on Tuesday.

“India’s macroeconomic outlook remains strong, supported by easing inflation, lower interest rates, a healthy monsoon, and softer oil prices. A drop in inflation in eight straight months has provided a push to the market. However, investors are showing a mix of optimism and caution in the relief rally to assess the Q1 FY26 corporate earnings, as an upgrade in earnings is essential in the premium valued stock market.

“Additionally, global sentiment is mixed amid tariff concerns—highlighted by the announcement of a 50% duty on copper—and fading hopes of a near-term US Fed rate cut on account of sticky inflation, adding market uncertainty,” Vinod Nair, Head of Research, Geojit Investments Limited, said.

Foreign Institutional Investors (FIIs) pumped in Rs 120.47 crore to buy equities in the domestic market on July 15, 2025. The global oil benchmark Brent crude slipped 0.26 per cent to USD 68.55 a barrel.

On 16th July, the 30-share barometer gained 317.45 points or 0.39 per cent to settle at 82,570.91. The Nifty edged higher by 113.50 points or 0.45 per cent to 25,195.80.

(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds and crypto assets.)


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