Eternal, ICICI Bank, HDFC Bank, HDFC Life and M&M were among major gainers on the Nifty, while losers were IndusInd Bank, Reliance Industries, Wipro, HCL Tech and Eicher Motors.
The Midcap 100 index mirrored positive trends while smallcap stocks ended flat on July 21
Accord to experts, given the current environment of elevated volatility and mixed global cues, traders should adopt a cautious sell-on-rise strategy.
India VIX edged up over 1 percent, indicating a slight uptick in market volatility.
Indian equities ended lower on Friday, with benchmark indices losing nearly a percent amid broad-based weakness and rising investor jitters.
Eternal, ICICI Bank, HDFC Bank, HDFC Life and M&M were among major gainers on the Nifty, while losers were IndusInd Bank, Reliance Industries, Wipro, HCL Tech and Eicher Motors.
Commodity traders will also closely watch China’s Politburo meeting, expected by month-end, for signals on the country’s economic policy trajectory for the rest of the year.
Gold rate today: Yellow metal's August contracts on the MCX opened at Rs 97,320 per 10 grams on July 18.
Except media and metal, all other sectoral indices ended in the red with pharma, Private Bank, PSU bank, FMCG, capital goods, consumer durables, telecom down 0.5-1 percent.
The broader market reflected similar weakness, with India VIX inching up over 1 percent, indicating a slight rise in volatility.
Benchmark indices Sensex and Nifty extended losses for a second session on July 18, with the Nifty testing the 25,000 mark. Axis Bank’s weak Q1 earnings pulled down banking stocks, while Wipro held up after a Q1 beat. Metal and media stocks showed some resilience, even as broader sentiment remained subdued
Global uncertainty and a muted start to the earnings season are weighing on investor sentiment.
Back home, late selling on weekly expiry day dragged the Nifty below 25,200 and sent the Sensex down over 350 points.
Biggest Nifty losers included Axis Bank, Shriram Finance, Bharat Electronics, HDFC Life, Bharti Airtel, while gainers were Wipro, Bajaj Finance, Tata Steel, ONGC, Nestle India.
More than 140 stocks on the BSE touched their 52-week highs, including Nippon Life India Asset Management, Schneider Infra, JK Lakshmi Cement, Asahi India, Global Health, HDFC AMC, MRF, RBL Bank, Ramco Cements, Nuvoco Vistas, Anand Rathi, among others.
Gold rate today: Yellow metal's August contracts on MCX opened at Rs 97,511 per 10 grams on July 17.
From Tech Mahindra to L&T Tech, here are the top stocks that moved the most on July 17
Dalal Street slipped in the final hour on July 17, with the Sensex falling over 350 points and the Nifty closing below 25,200 amid weak IT earnings and global caution.
The broader market remained rangebound, with the Nifty Midcap 100 slipping 0.15 percent amid mild profit booking. The Nifty Smallcap 100 was largely flat, edging down just 0.02 percent.
India VIX remained steady at 11.22, indicating continued low volatility in the market.
Dalal Street witnessed a volatile session on Wednesday, with the Nifty 50 and Sensex rebounding from intraday lows by the afternoon. However, lack of sustained buying kept the indices around the flatline.
Equity-index futures for the S&P 500 fell 0.2% in early trading Thursday following a 0.3% gain for the index after President Donald Trump played down the prospect he may soon fire Powell
On the sectoral front, IT, PSU bank shed 0.5-1 percent, while FMCG, metal, consumer durables, realty indices added 0.5-1 percent. The BSE midcap index ended flat, while smallcap index rose 0.3 percent.
M&M, Wipro, SBI, Nestle India and Tech Mahindra were among major gainers on the Nifty, while losers included Shriram Finance, Eternal, Sun Pharma, Tata Steel and Cipla
Nifty 50 and Sensex extended their weeks long consolidation in trade on July 16, as investors waited for fresh triggers before buying or selling.
