Stock Market Update 17 July 2026: Sensex Gains Over 400 Pts; Nifty 50 Above 24,150

The Indian benchmark indices were trading higher after the market opening on Friday, 17 July 2026.

At around 9:18 AM, the Sensex was up by around 406 points (0.53%) to trade at 77,593.29. The Nifty 50 was also trading higher by around 105 points (0.44%) at 24,177.75.

On Thursday, 16 July 2026, the indices started positively but closed flat. At the closing bell, the Sensex stood at 77,186.87 (0.00%). The Nifty 50 stood at 24,072.75 (-0.02%).

How Other Indices Are Performing?

Not just the Sensex and the Nifty 50, but most other Indian indices were in the green during early trading on Friday.

At around 9:20 AM, Bank Nifty was up by 224 points (0.39%) to trade at 57,806.45. The Nifty Financial Services index was also up by around 101 points (0.38%) to trade at 26,657.85.

Among the sectoral indices, Nifty IT gained the most (1.91%). Nifty Auto (up 0.66%) and Nifty PSU Bank (0.06%) were also trading in the green. Nifty FMCG (down 0.12%), Nifty Metal (down 0.23%) and Nifty Pharma (down 1.12%) were in the red.

Top Gainers And Losers

At 9:15 AM, about 1,045 shares advanced, 1,187 shares declined and 156 shares remained unchanged.

The top gainers on the Nifty included Jio Financial, Infosys, Tech Mahindra, TCS and HCL Tech.

The top losers were Wipro, Nestle, Tata Consumer, Hindalco and Cipla.

What About The Global Markets?

Global markets were bearish on Friday morning amid escalating Middle East tensions.

• S&P 500 futures fell 0.5% as of 10:50 AM Tokyo time.

• Japan’s Topix fell 2.4%.

• Australia’s S&P/ASX 200 fell 0.8%.

• Hong Kong’s Hang Seng fell 0.8%.

• The Shanghai Composite fell 1%.

• Euro Stoxx 50 futures fell 0.7%.

Factors Impacting The Markets

• Middle East Tension: Tensions in the Middle East have intensified. There were reports of the US and Iran constantly exchanging strikes among them.

• FII activity: After becoming net buyers last month, foreign institutional investors (FII) again became net sellers. On Thursday, they sold Indian equities worth ₹4206 crores.

• Oil edges lower: Oil prices jumped higher on Friday as the conflict between the US and Iran intensified. Brent crude futures gained 1.25% to $85.28 per barrel.

• Depreciating Rupee: A constantly depreciating rupee has kept the markets on the edge. On Friday, the currency opened marginally higher at 96.29 per US dollar. The previous close was at 96.35.

Investor Takeaway

Even with the rising tension in the Middle East, the Indian markets have shown good signs. However, geopolitical developments continue to be a key factor influencing market sentiment. Investors must look for the crude oil prices and the latest developments in the Middle East before entering large positions.

Also Read - Jio Financial Services Q1 FY27 Results