Sensex, Nifty Rise on IT and Consumer Durable Gains
Sensex and Nifty trade higher as IT, consumer durable and auto stocks lift Indian markets amid mixed global cues.
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“Sensex, Nifty Rise on IT and Consumer Durable Gains”
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16 Jul 2026
Mumbai, July 16 (IANS) Indian equity benchmark indices traded higher in the morning session on Thursday despite mixed global cues.
Sensex jumped over 300 points or 0.42 per cent to hit an intraday high of 77,514.30 in early trade, while Nifty rose 88 points or 0.36 per cent to 24,167 amid buying in consumer durables, IT and auto stocks.
Nifty Consumer Durables index surged 1.63 per cent, followed by Nifty IT, which gained 1.38 per cent, Nifty MidSmall IT & Telecom, up 1.13 per cent, and Nifty Auto, which advanced 0.72 per cent.
