Market Wrap: Sensex and Nifty close on a higher note after reaching their all-time high levels!

On July 19, foreign institutional investors (FII) bought shares worth Rs 1,165.47 crore, while domestic institutional investors (DII) sold shares worth Rs 2,134.54 crore.

Market Update at 4:20 PM: Sensex closes higher by 0.71 per cent after reaching its all-time high level of 67,619. Similarly, Nifty closes higher by 0.74 per cent after reaching its all-time high level of 19,991.

Nifty Midcap and Nifty Smallcap surged by 0.25 per cent and 0.37 per cent respectively.

India VIX has surged by 1.55 per cent.

Nifty Pharma, Nifty Bank and Nifty FMCG were among the top gainers while Nifty IT was the top loser for the day.

ITC, ICICI Bank and Kotak Bank were among the top gainers while Reliance, Infosys and Ultra cement were among the top losers from the Nifty 50.

About 1143 stocks were advancing as against to 753 stocks that were declining, thus indicating a positive sentiment in the broader market.

Market Update at 2:15 PM: Sensex reaches its new all-time high level of 67,463 after surging by more than 0.53 per cent. Similarly Nifty also reaches its new all-time high level of 19,950 after surging by more than 0.56 per cent.

Nifty Midcap and Nifty Smallcap trade higher by 0.19 per cent and 0.54 per cent respectively.

India VIX has surged by 3.71 per cent.

Nifty Pharma, Nifty Bank and Nifty FMCG are among the top gainers while Nifty IT is the top loser.

Dr Reddy’s Laboratories, ICICI Bank and Kotak Bank are among the top gainers while Reliance, Infosys and Ultra cement are among the top losers from the Nifty 50.

About 1066 stocks are advancing as against to 858 stocks that are declining, thus indicating a positive sentiment in the broader market.

Market Update at 11:25 AM: Sensex and Nifty trade lower by 0.08 per cent and 0.04 per cent respectively.

Nifty Midcap trades higher by 0.12 per cent while Nifty Smallcap trades higher by 0.36 per cent.

India VIX has surged by 1.90 per cent.

Nifty Pharma, Nifty PSU Bank and Nifty FMCG are among the top gainers while Nifty IT, Nifty Auto and Nifty Realty are among the top losers.

ITC, Dr Reddy’s Laboratories and Cipla are among the top gainers while Reliance, Infosys and HCL Tech are among the top losers from the Nifty 50.

About 1051 stocks are advancing as against to 853 stocks that are declining, thus indicating a positive sentiment in the broader market.

Market Update at 9:30 AM: Sensex and Nifty open lower by 0.15 per cent each.

Nifty Midcap and Nifty Smallcap open higher by 0.13 per cent and 0.2 per cent respectively.

India VIX has surged by 0.78 per cent.

Nifty Media, Nifty PSU Bank and Nifty Energy are among the top gainers while Nifty IT, Nifty Auto and Nifty FMCG  are among the top losers.

Power Grid, Dr Reddy’s Laboratories and NTPC are among the top gainers while Reliance, Infosys and HCL Tech are among the top losers from the Nifty 50.

About 1185 stocks are advancing as against to 643 stocks that are declining, thus indicating a positive sentiment in the broader market.

Pre-Market Update at 7:55 AM: On Wednesday, Banking stocks in the US markets performed well, with the S&P 500 bank index rising 1.70 per cent for the third consecutive session and the eighth time in nine sessions. The Dow Jones Industrial Average rose 0.31 per cent to 35,061.21, the S&P 500 gained 0.24 per cent to 4,565.72 and the Nasdaq Composite added 0.03 per cent to 14,358.02.

Early on Thursday, oil prices in Asian trade declined, continuing the losses from the previous session. The drop was influenced by a stronger dollar and profit-taking, triggered by US crude oil stocks falling below expectations. Brent futures experienced a decrease of 14 cents, representing a 0.2 per cent dip, bringing the price to USD 79.32 per barrel.

On Thursday, the Benchmark indices are expected to open flat with a marginal gain of 2 points, as indicated by the GIFT Nifty. The futures are currently at 19,843.

On July 19, foreign institutional investors (FII) bought shares worth Rs 1,165.47 crore, while domestic institutional investors (DII) sold shares worth Rs 2,134.54 crore.

Stocks that are banned for trading in the F&O segment on July 20, 2023, are Delta Corp, Indiabulls Housing Finance, L&T Finance Holdings, RBL Bank, Manappuram and Polycab India.