Sensex and Nifty50 reached record highs of 81,522.55 and 24,837.75, respectively.
The Indian equity market reached a record high on July 18, driven by IT, banking, and FMCG names, with the Sensex and Nifty reaching new highs.
Sectors and stocks
Indian indices opened lower, recovering in early hours, but lackluster trading in the first half. FMCG, IT, and banking buying led to benchmarks hitting all-time highs.
Sectors like bank, auto, IT, FMCG, and telecom saw a 0.3-2 percent increase, while capital goods, metal, power, and media experienced a 1-3.5 percent decrease.
Outlook 19 July
The Index experienced extreme volatility in the morning trade, with a one-way upmove in mid-session, ending the session at a record level of 24,800.85.
Sectoral losses included Media and Metal. Broader markets saw recovery, but not enough to outperform Frontline Index.
A big green candle suggests a bulls’ comeback, with 25,000 as a psychological hurdle and 24,500 as support.
| FII Bought | 5,483.63 Cr |
| DII Sold | -2,904.25 Cr |
Indian Market Stocks
| Sensex | 626.91 | +0.78% | 81,343.46 |
| Nifty 50 | 187.85 | +0.76% | 24,800.85 |
| Nifty Bank | 223.90 | +0.43% | 52,620.70 |
Market Movers
LTIMindtree | 194.55 3.50% | Asian Paints | -42.90 -1.44% |
| TCS | 137.10 3.28% | Coal India | -7.20 -1.41% |
| ONGC | 9.05 2.80% | Hero Motocorp | -75.90 -1.36% |
| Bajaj Finserv | 41.70 2.5% | Grasim | -35.55 -1.26% |
| Wipro | 13.50 2.41% | Bajaj Auto | -92.15 -0.95% |
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Indian indices opened positively, with Sensex and Nifty reaching 76,000 and 23,100, respectively. Top gainers included Divis Labs, IndusInd Bank, Axis Bank, LTIMindtree, and Adani Ports, while losers included Adani Enterprises, Wipro, Grasim Industries.
Indian indices opened positively, with Sensex and Nifty reaching 76,000 and 23,100, respectively. Top gainers included Divis Labs, IndusInd Bank, Axis Bank, LTIMindtree, and Adani Ports, while losers included Adani Enterprises, Wipro, Grasim Industries.
Indian indices opened positively, with Sensex and Nifty reaching 76,000 and 23,100, respectively. Top gainers included Divis Labs, IndusInd Bank, Axis Bank, LTIMindtree, and Adani Ports, while losers included Adani Enterprises, Wipro, Grasim Industries.
Sensex Sensex Sensex
Sensex After four weeks of increases, Sensex and Nifty fell 2% for the first time After four weeks of increases, Sensex and Nifty fell 2% for the first time
The Nifty has experienced a decline, closing the day around 160 points lower. The daily charts show no follow-through buying interest after a breakout, and selling pressure at higher levels could lead to a slipping back into the consolidation zone. The Bollinger bands are contracting, indicating a range contraction. The Bank Nifty has not maintained positive momentum, and it could slip towards the 46900-46800 range. The overall trend is bullish, with an intermediate corrective phase in progress. Short-term weakness could lead to a decline towards the 22200-22250 range.
The Nifty has experienced a decline, closing the day around 160 points lower. The daily charts show no follow-through buying interest after a breakout, and selling pressure at higher levels could lead to a slipping back into the consolidation zone. The Bollinger bands are contracting, indicating a range contraction. The Bank Nifty has not maintained positive momentum, and it could slip towards the 46900-46800 range. The overall trend is bullish, with an intermediate corrective phase in progress. Short-term weakness could lead to a decline towards the 22200-22250 range.
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