Delhi, 21 July (H.S.): On the first trading day of the week, the domestic stock market exhibited a positive sentiment, with Sensex and Nifty indices closing higher. Trading began on a strong note but faced selling pressure within the first 20 minutes, causing both indices to dip into negative territory. However, following a rebound due to buying support, both indices recovered, closing with Sensex up by 0.54 percent and Nifty by 0.49 percent. Key sectors such as banking, automobiles, metals, and real estate experienced robust buying, whereas oil and gas, IT, FMCG, healthcare, and tech sectors faced selling pressure. The broader market presented a mixed outlook, with the BSE mid-cap index increasing by 0.55 percent and the small-cap index marginally down by 0.01 percent.

The overall market strength contributed to a significant rise in investors’ wealth, increasing by over ₹1.5 lakh crore, bringing the BSE market capitalization to ₹460 lakh crore, up from ₹458.37 lakh crore the previous week. Today’s trading saw 4,327 shares actively traded on BSE, with 1,964 gaining and 2,186 declining. On NSE, 2,687 shares were traded, with 1,295 advancing and 1,392 declining. Among the 30 Sensex stocks, 18 ended positively, while 12 declined. In Nifty, 31 out of 50 shares closed in the green and 19 in the red.

Sensex opened at a gain of 160.80 points at 81,918.53 but experienced an initial drop due to selling pressure, hitting a low of 81,518.66 points. However, aggressive buying led to a sharp recovery, allowing Sensex to close at 82,200.34 points, up by 442.61 points. Nifty opened at 24,999 points, similarly faced early selling, dropping to 24,882.30 points, but regained strength towards the end, closing at 25,090.70 points, up by 122.30 points. Top gainers included Eternal, ICICI Bank, and HDFC Bank, while top losers were Reliance Industries, Wipro, and IndusInd Bank.

—————

Hindusthan Samachar / Jun Sarkar