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Market Wrap: Sensex ends flat, Nifty holds 24,050 as Iran-US conflict keeps optimism in check

The Economic Times 2d ago·16 Jul 2026, 10:16 am

Indian equity benchmarks ended a volatile session with modest gains, holding above key support levels. The BSE Sensex and Nifty 50 both finished nearly unchanged, trading in a narrow range as investors absorbed global developments.

Domestic sentiment remained relatively steady despite geopolitical tensions in the Middle East. Traders preferred to wait for clearer signals rather than react impulsively to the ongoing situation between Iran and the United States.

Investors should keep a close watch on global crude oil prices and the movement of the US dollar index. These external factors will likely dictate the next move for the Indian market in the coming sessions.

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Summary & analysis by DocStoX. Full story at The Economic Times.

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