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Sensex ends near 77,187 with a 1‑point gain while Nifty falls to 24,073; 2036 government bond yield drops to 6.7436% after US Treasury gains, signaling market
The BSE Sensex edged up by a single point to about 77,187, while the NSE Nifty 50 slipped roughly six points to close near 24,073 on Thursday, as Indian government bond yields fell on softer U.S. data that eased fears of an imminent Fed rate hike【1】.
| At a glance | |
|---|---|
| Sensex level | 77,187 ( +1 pt) |
| Nifty 50 level | 24,073 ( ‑6 pt) |
| 2036 bond yield | 6.7436% (‑3 bps) |
| BSE Sensex 2026 target | 84,000 (↑8.6% from current) |
The modest rise in the Sensex contrasted with a small dip in the Nifty, reflecting divergent sector moves amid a broader bond rally. The benchmark 6.94% 2036 government bond yield slipped three basis points to 6.7436% by 11:10 a.m. IST, extending a two‑day decline of five basis points and trading below its 21‑day moving average—a technical level that traders said could invite further buying【1】. The bond slide mirrored overnight gains in U.S. Treasuries after softer U.S. economic data, which reduced expectations of a near‑term Federal Reserve tightening.
Asian equities fell on Wednesday as renewed selling in semiconductor stocks revived concerns over the durability of the AI‑driven rally, adding to the cautious tone in Indian markets【1】. Meanwhile, crude oil prices edged higher, contributing to investor wariness despite the bond market’s easing. The brokerage’s upgrade of its 2026‑end Sensex target to 84,000—from 80,500 earlier—implies an 8.6% upside from current levels, echoing a similarly positive view from Goldman Sachs earlier in the month【1】.
The flat Sensex and modest Nifty decline underscore a market balancing bond‑market optimism against lingering equity‑sector uncertainty, leaving the direction of Indian indices tied to forthcoming data and policy cues.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 4 outlets · Jul 31, 2026 · How we report
A stock market is the aggregation of buyers and sellers of stocks (shares) that represent ownership claims on businesses, encompassing both publicly listed securities and privately traded shares.
The global stock market’s total market capitalization was US$111 trillion at the end of 2023, up from US$2.5 trillion in 1980.
The United States holds the largest share, accounting for about 59.9% of global stock market value as of January 2022.
Participants range from small individual investors to large institutional investors such as banks, insurance companies, pension funds, hedge funds, and also publicly traded corporations.
Recent reports include Rallis India's 32% YoY profit increase, PNB's 7% share jump after Q1 earnings, Bajaj Auto's Q1 results, and Paytm's 79% profit rise with record quarterly EBITDA.