Nifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 16 July
New Delhi, July 16 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a steady note on Thursday, tracking mixed global market cues, amid cautiousness over the ongoing US-Iran war.
The trends on Gift Nifty also indicate a flat start for the Indian benchmark index. The Gift Nifty was trading around 24,080 level, a premium of nearly 12 points from the Nifty futures' previous close.
On Wednesday, the Indian stock market ended marginally higher, with the benchmark Nifty 50 holding above 24,000 level.
The Sensex gained 130.49 points, or 0.17%, to close at 77,185.43, while the Nifty 50 settled 26.45 points, or 0.11%, higher at 24,078.50.
Here's what to expect from Sensex, Nifty 50 and Bank Nifty today:
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