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Sensex Today Trades Higher | Nifty Above 24,100 | HCL Tech & Tech Mahindra Top Gainers Thu, 16 Jul 10:30 am
Image source: smagilov/www.istockphoto.comAsian markets traded lower on Thursday amid concerns about overvaluations of technology shares and ongoing US-Iran war in the Middle East.
US stock market ended higher on Wednesday as softening inflation data lifted investor sentiment.
Here's a table showing how US stocks performed on Wednesday:
| Stock/Index | LTP | Change ($) | Change (%) | Day High | Day Low | 52-Week High | 52-Week Low |
|---|---|---|---|---|---|---|---|
| Alphabet | 370.21 | 12.88 | 3.60% | 372.14 | 355.67 | 404.44 | 181.50 |
| Apple | 327.50 | 12.64 | 4.01% | 328.73 | 317.32 | 328.73 | 201.50 |
| Meta | 681.31 | 20.27 | 3.07% | 686.08 | 656.66 | 796.25 | 520.26 |
| Tesla | 394.46 | -1.72 | -0.43% | 406.59 | 390.66 | 498.82 | 297.82 |
| Netflix | 73.68 | 0.15 | 0.20% | 75.06 | 73.13 | 127.75 | 70.86 |
| Amazon | 254.96 | 7.47 | 3.02% | 256.48 | 249.75 | 278.56 | 196.00 |
| Microsoft | 395.63 | 10.70 | 2.78% | 398.96 | 386.40 | 555.45 | 349.20 |
| Dow Jones | 52658.64 | 150.37 | 0.29% | 52823.95 | 52428.54 | 53289.30 | 43340.68 |
| Nasdaq | 29502.60 | -83.69 | -0.28% | 29771.89 | 29192.89 | 30762.20 | 22669.37 |
At present, the BSE Sensex is trading 220 points higher, and NSE Nifty is trading 54 points higher.
You can also visit our live blog section for real-time updates and deeper insights into the market.
HCL Tech, M&M, Tech Mahindra among the top gainers today.
HDFC Bank, Axis Bank, Eternal on the other hand is among the top losers today.
For a comprehensive overview of key players in the financial sector, check out list of Fin Nifty Companies.
For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.
The BSE 150 Midcap index is trading 0.1% lower and the BSE 250 SmallCap index is trading 0.1% lower.
Sectoral indices are trading mixed today with stocks in oil & gas sector and IT sector witnessed buying. Meanwhile, stocks in realty sector and financial services sector witnessed selling pressure.
The rupee is trading at Rs 96.3 against the US dollar.
Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...
Speaking of stock markets, Tanushree Banerjee, Research Analyst at Equitymaster, highlights that tollbooth monopoly stocks are facing rising regulatory risks that could weaken their strong moats.
She notes that changes like market coupling are challenging platforms such as IEX. The main risk is not earnings, but valuation de-rating due to reduced pricing power.
Watch the video below to know more.
HDFC AMC Q1FY27 Performance
HDFC AMC reported a 12% year-on-year increase in net profit to Rs 8.37 bn for the quarter ended June 30, 2026, compared with Rs 7.48 bn in the corresponding quarter last year.
Revenue grew 14% year-on-year to Rs 11 bn in Q1 FY27 from Rs 9.68 bn a year earlier.
Meanwhile, total expenses increased 27% year-on-year to Rs 2.71 bn during the quarter.
Exide Industries Invests Further in Energy Subsidiary
Exide Industries has invested Rs 1 bn in its wholly owned subsidiary, Exide Energy Solutions (EESL), through a rights issue.
Following the latest infusion, the company's total investment in EESL has increased to Rs 49.02 bn. The transaction does not result in any change in Exide Industries' shareholding in EESL.
Exide stands as a leading player in battery manufacturing and energy solutions. The company offers a wide range of energy storage solutions across automotive, industrial, and infrastructure segments.
Exide has built a strong circular economy model through its battery recycling operations, helping reduce dependence on virgin raw materials and lower its environmental footprint.
HDB Financial Services Q1 Business Update
HDB Financial Services reported a 38% year-on-year increase in net profit to Rs 7.85 bn for the quarter ended June 30, 2026, driven by healthy loan demand and improving asset quality. Net profit stood at Rs 5.68 bn in the corresponding quarter last year.
Net interest income (NII) rose 20% year-on-year to Rs 25.09 bn in Q1 FY27 from Rs 20.92 bn a year earlier, while total income increased 17% to Rs 31.85 bn from Rs 27.26 bn.
Assets under management (AUM) grew 11.3% year-on-year to Rs 1,220.48 bn as of June 30, 2026, compared with Rs 1,096.90 bn a year ago. Gross loan book also expanded 11.4% to Rs 1,218.46 bn from Rs 1,093.42 bn over the same period.
You can check Indian stock market live updates daily here.
Read the latest Market Commentary
Indian Share Market Update: Top Gainers and Losers
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