Nifty 50 Today | Sensex Today: Indices Close Flat; BHEL Turnaround Impresses, IT Results: July 16, 2026

The Indian benchmark indices closed Thursday’s trading almost flat as the positive momentum in certain IT stocks, airlines, and autos was more than offset by losses in the banking, real estate, and finance services sectors. There was heavy trading on stock-specific basis with several companies having their Q1FY27 earning announcements due as the Wipro, Tech Mahindra, and BHEL results grabbed headlines.

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Nifty 50 Today & Sensex Today — Closing Levels, July 16, 2026

The Nifty50 ended 5.75 points or 0.02% lower at 24,072.75, and the Sensex settled virtually flat at 77,186.87, up just 1.44 points. The close masks a volatile session — indices were higher in the morning before paring gains as realty, bank, and financial services shares dragged the indices back to flat territory.

• Sensex today: Closed at 77,186.87 — up just 1.44 points, second consecutive technical green close
• Nifty 50 today: Closed at 24,072.75 — down 5.75 points (0.02%), flat with a negative bias
• Previous close (July 15): Sensex 77,185.43, Nifty 24,078.50
• Broader markets: Nifty MidCap ended 0.41% lower; Nifty SmallCap down 0.1% — broader markets underperformed frontline indices
• Sensex split: 16 of 30 Sensex stocks ended higher, 14 closed lowers

Key Factors Behind Today's Flat Close

1. Banking, Realty, and Financial Services Weigh

From a sectoral perspective, Nifty Realty, Nifty Bank, and Nifty Financial Services became the heaviest drag on the indices, contrary to their previous support for the indices. As Bank Nifty failed to break out from its consolidation phase between 56,500 and 58,700, no definitive direction emerged.

2. Nifty Chemical and Consumer Durables Outperform

On the other side, Nifty Chemical and Nifty Consumer Durables rose the most, with Consumer Durables up 1.5% — providing the only meaningful sectoral upside of the session.

3. Q1FY27 Earnings Season Drives Stock Action

With around 40 companies declaring results today, market attention was highly dispersed across individual stocks rather than index-level trends. Geopolitical tensions resurfacing in West Asia have made markets nervous once again. Against this backdrop, generating returns is increasingly stock-specific — a theme that is set to continue through the remainder of the earnings season.

Stocks in Focus Today

1.      BHEL — Turnaround Quarter, Record High

The standout result of the day belonged to the public sector. Bharat Heavy Electricals (BHEL) reported a consolidated net profit of ₹376.71 crore in Q1FY27, compared with a net loss of ₹455.50 crore in Q1FY26. Revenue from operations rose 40.29% year on year to ₹7,697.72 crore in the first quarter of FY27. The power segment drove the surge, powered by a 52% rise in the power segment, indicating strong execution of the thermal power capex cycle. Post Q1 earnings, BHEL shares rose 5.5% to a record high of ₹441 in the current session.

2.      Wipro Q1FY27 — Steady Growth, Interim Dividend

Wipro posted a 0.65% increase in its consolidated net profit to ₹3,352 crore in the June quarter of FY27, compared to ₹3,330 crore a year back. Sequentially, it declined 4.28%. Its revenue from operations climbed 10.59% to ₹24,479 crore in Q1FY27. Wipro declared an interim dividend of ₹2 per share, with the record date of July 27 and payment on or before August 14, 2026.

3.      Tech Mahindra Q1FY27 — Strong Beat

Tech Mahindra posted a 28.45% rise in consolidated net profit to ₹1,465 crore in the April-June quarter of FY27, from ₹1,140.60 crore in the year-ago period. Revenue from operations grew 17.68% to ₹15,712 crore in Q1FY27. Sequentially, profit rose 8.22% while revenue inched up 4.22%. Deal wins crossed $1 billion for the quarter.

4.      ICICI Lombard — Down 15%, Earnings Disappoint

ICICI Lombard shares declined 15% on Thursday, as the general insurance company's Q1 financial performance failed to impress investors with rising claim payments, commission expenses, and outstanding claims for the period under review. 

FII/DII Activity

As of July 15, 2026, FIIs were net sellers of ₹740 crore in the cash market, while DIIs were strong net buyers at ₹2,928 crore — with domestic institutions absorbing nearly four times the foreign outflow. The FII selling streak has now extended to three or more consecutive sessions, though DII support continues to cushion the downside.

Conclusion: Nifty 50 and Sensex Today Outlook

Today's flat close confirms the Nifty 50 is firmly entrenched in the 23,800–24,350 consolidation range, with no decisive catalyst to break it either way. The Q1FY27 earnings season is throwing up a mixed bag — BHEL's dramatic turnaround and Tech Mahindra's strong beat sit alongside ICICI Lombard's 15% crash and continued FII selling. Analysts note that the 50-day EMA zone of 23,960–23,930 is the immediate support to watch — a sustained breach below 23,930 could drag indices toward 23,780, while 24,160–24,200 remains the key resistance on the upside. With Wipro and Tech Mahindra results both broadly positive, tomorrow's opening for IT stocks will be closely watched.

FAQs: Nifty 50 Today & Sensex Today — July 16, 2026

1.      What is the Nifty 50 closing today?

The Nifty 50 closed at 24,072.75, down just 5.75 points or 0.02% — effectively flat.

2.      What is the Sensex closing today?

The BSE Sensex settled at 77,186.87, up just 1.44 points.

3.      Why did BHEL surge today?

BHEL posted a massive turnaround in Q1FY27 — from a net loss of ₹455.50 crore in Q1FY26 to a consolidated profit of ₹376.71 crore, with revenue jumping 40.29% YoY. The stock hit a record high of ₹441.

4.      How did Wipro and Tech Mahindra perform?

Wipro reported Q1FY27 net profit of ₹3,352 crore (+0.65% YoY) with an interim dividend of ₹2/share. Tech Mahindra's net profit jumped 28.45% YoY to ₹1,465 crore, with deal wins crossing $1 billion.

5.      Which sectors fell today?

Nifty Bank, Nifty Realty, and Nifty Financial Services were the key drags. Nifty Chemical and Nifty Consumer Durables outperformed.

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