Nifty last close: 24834.85 (+1.75%)
The broader indices outperformed the main indices in the week ended July 26
Sensex rose 728.07 points or 0.90 percent to finish at 81,332.72
while Nifty50 index added 303.9 points or 1.23 percent to end at 24,834.80
On July 26, Nifty50 index touched fresh record high of 24,861.15
BSE Sensex also went near to its record high of 81587.76
Midcap, LargeCap and Smllcap indices rose 3 percent, 1.5 percent and 3.5 percent, respectively
On the sectoral front, BSE Power, Healthcare and Auto indices rose 5 percent each
Telecom index added 4 percent and BSE oil & Gas index rose 3.4 percent
On the other hand, BSE Bank index shed 2.5 percent and Realty index fell 1.7 percent
FIIs turned net sellers in this week as they sold equities worth of Rs 4,721.26 crore
DIIs turned net buyers as they bought equities worth Rs 8,109.78 crore
US markets rallied on 26th July
Dow gained 1.65%, Nasdaq rallied 1% and S&P500 added 1%
Microsoft rises 2%, Meta rallied 3% and Amazon added 2%
US 10-year yield slips below 4.17%
Crude falls below $81/bbl
Asian markets were set to higher opening on July 29
GiftNifty indicate a positive opening for the index
Nifty weekly trend decider 25000 and 24400
Today Nifty is facing a intraday resistance 24880 and 24930
If stays above 24930 finding a next resistance around 25000
On other side, Nifty considering a supports 24800 and 24760
Below 24760 will try to check 24700
Updated: 08.56 am / 29th July 2024