Market benchmark indices Sensex and Nifty rebounded in early trade on Wednesday (July 15, 2026) after a sharp decline in the previous session led by bank stocks and a softer-than-expected U.S. inflation data reinforcing expectations that the Federal Reserve may adopt a less aggressive monetary policy stance in the coming months.

The 30-share BSE Sensex jumped 553 points to 77,603.57 in early trade. The 50-share NSE Nifty went up by 148.15 points to 24,198.40.

From the Sensex pack, Bajaj Finance, Axis Bank, Eternal, InterGlobe Aviation, UltraTech Cement and State Bank of India were the major winners.

Infosys, Tata Consultancy Services, Power Grid and Tech Mahindra were among the laggards.

In Asian markets, South Korea's Kospi jumped 7.66%. Japan's Nikkei 225 index and Hong Kong's Hang Seng index traded higher, while Shanghai's SSE Composite index quoted lower.

U.S. markets ended higher on Tuesday (July 14, 2026).

"Global cues turned relatively supportive overnight. U.S. equities ended higher, with the S&P 500 gaining 0.38% and the Nasdaq advancing 0.90%, after softer-than-expected June CPI data reinforced hopes of a more accommodative Federal Reserve policy," Rajesh Palviya, Head of Research, Axis Direct, said.

Brent crude eased towards $85 per barrel after U.S. President Donald Trump withdrew the proposed 20% transit fee through the Strait of Hormuz, he added.

Brent crude, the global oil benchmark, quoted 1% higher at $85.63 per barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹739.69 crore on Tuesday (July 14, 2026), according to exchange data.

"Providing some support to global sentiment, U.S. consumer price inflation eased to 3.5% in June, below market expectations of 3.8%, indicating that underlying price pressures may be moderating.

"The softer-than-expected inflation reading has reinforced expectations that the Federal Reserve could adopt a less aggressive monetary policy stance in the coming months, offering some relief to global risk assets despite the heightened geopolitical uncertainty," Ponmudi R., CEO of Enrich Money, an online trading and wealth-tech firm, said.

On Tuesday (July 14, 2026), the Sensex tanked 561.46 points, or 0.72%, to settle at 77,054.94. The Nifty dropped 158.95 points, or 0.66%, to end at 24,052.05.