Nifty 50 and Sensex extended their weeks long consolidation in trade on July 16, as investors waited for fresh triggers before buying or selling.
Gold rate today: Yellow metal's August contracts on MCX opened at Rs 97,222 per 10 grams today.
India VIX, also known as the fear gauge, fell almost a percent. Experts note that VIX has remained well below the psychological 15 mark, suggesting limited risk of abrupt sell-offs in the near term.
Nifty Pharma index opened marginally lower as Trump signals tariffs in August
FIIs net bought Indian equities worth Rs 120 crore on July 15, while DIIs were bigger buyers with Rs 1,555 crore of net purchases.
Sensex Today | Stock Market LIVE Updates: The Nasdaq Composite posted its latest record finish on Tuesday, supported by a jump in shares of heavyweight Nvidia, but the other Wall Street benchmarks dropped as a key inflation report and a flurry of bank earnings failed to excite investors.
Gold rate today: Gold's August contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 97,887 per 10 grams on July 15.
BSE Midcap and Smallcap indices rose nearly 1 percent each, extending the gains on second consecutive day.
Dalal Street was in the green on July 15, finding support from cooling CPI, with the auto, healthcare, and pharma sectors rallying over one percent.
India VIX, the fear gauge, eased 3 percent which suggests that there are little-to-no signs of panic-driven exits.
The broader market, represented by the small, midcap 100 indices, outperformed the benchmarks.
Foreign investors offloaded shares worth Rs 1,614 crore on July 14, while domestic institutions stepped in with net purchases of Rs 1,787 crore.
All the sectoral indices ended in the green with pharma, auto, PSU Bank, consumer durables, realty up 0.5-1 percent. BSE Midcap and Smallcap indices rose nearly 1 percent each, extending the gains on second consecutive day. Hero MotoCorp, Sun Pharma, Bajaj Auto, Apollo Hospitals, Shriram Finance were among major gainers on the Nifty, while losers were HCL Technologies, HDFC Life, SBI Life Insurance, Eternal and Tata Steel.
Broader indices unperformed the main indices, with BSE Mid and Smallcap indices rising 0.5 percent each.
Gold rate today: Yellow metal's August contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 97,967 per 10 grams today.
Dalal Street fell for the fourth straight session on July 14, dragged down by global tariff tensions and profit booking as investors offloaded their holdings.
Laggards on the Nifty included Bajaj Finance, Infosys, Tech Mahindra, Bajaj Finserv, and Tata Motors.
Foreign Portfolio Investors (FPIs) offloaded Indian equities worth Rs 5,104 crore on Friday, turning net sellers for the day.
Jio Financial, Bajaj Finance, Tech Mahindra, Infosys, Asian Paints were among major losers on the Nifty, while gainers were Eternal, Titan Company, IndusInd Bank, ONGC, SBI Life Insurance.
Next week is data-heavy, with markets bracing for key Chinese economic indicators as well as US inflation, retail sales, and consumer sentiment data, for insights into the monetary policy outlook.
Except FMCG (up 0.5 percent), pharma (up 0.7 percent), all other sectoral indices ended in the red with auto, IT, media, oil & gas, consumer durables, capital goods, realty, telecom down 1 percent each.
Gold rate today: Yellow metal's August contracts on the MCX opened at Rs 97,252 per 10 grams today.
Experts advise that investors adopt a cautious “wait and watch” stance in the current environment, that is marked by uncertainty and elevated volatility.
India VIX edged up 2.14 percent to 11.92, indicating a mild rise in market volatility.
India VIX cooled further, down about 1 percent, reflecting muted investor fear and favours a slow, grinding market rather than volatile price swings.
