Indian shares rise as financials rise; softer US inflation lifts sentiment

ICICI Life Insurance

15/07/2026 06:52

** Indian shares up on Wednesday, led by financials ahead of key earnings
** Softer U.S. inflation data eases near-term rate hike concerns, lifting global stocks higher
** Nifty 50 .NSEI, Sensex .BSESN rise 0.6% and 0.7%
** Thirteen of the 16 major sectors advance; financials .NIFTYFIN, banks .NSEBANK and private banks .NIFPVTBNK gain 1.1% each
** HDFC Life HDFL.NS, ICICI Prudential Life ICIR.NS rise 2% each; HDB Financial HDBF.NS, ICICI Lombard ICIL.NS add 1.4 and 1%, ahead of Q1 results later in the day
** Small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 up 1.1% and 0.5%, respectively
** Brent LCOc1 rises 1% to $85.5 a barrel on escalating U.S.-Iran tensions
** KEC International KECL.NS up 3.8% on securing orders worth $122.71 million
** Ather Energy ATHR.NS jumps 7% after Hero MotoCorp HROM.NS approves an investment of up to 10 billion rupees ($103.98 million) 
** Tata Elxsi TTEX.NS falls 5.1% as brokerages flag margin worries after June quarter results
** SBI Funds' SBIA.NS IPO fully subscribed on second day of bidding

($1 = 96.1750 Indian rupees)


 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))