Market Pulse
← Archive

Full issue · 2026-07-21

Market Pulse: 21 July 2026 - Pre-Market Update

Market Pulse - Tuesday, 21 July, 2026
Nifty 24,238.5 (-0.39%) • FII Bought ₹1,150 Cr
Market Pulse Tuesday, 21 July, 2026
Market Snapshot
📊
Nifty 50
24,238.5
-0.39%
📈
Sensex
77,708.52
-0.57%
🏦
Bank Nifty
57,945
-0.98%

In the previous session, Indian markets experienced a pullback with the Nifty 50 and Sensex declining by 0.39% and 0.57% respectively, primarily due to weakness in the banking sector. Bank Nifty was notably down by 0.98% as heavyweights like HDFC Bank and Axis Bank faced significant selling pressure. Despite the overall negative sentiment, PSU Bank and Pharma sectors showed resilience with notable gains. FIIs were net buyers, infusing ₹1,150 Cr into the market, while DIIs also added ₹145 Cr, indicating some underlying support despite the sell-off.

The Big Story
📰 FEATURED

India's infrastructure output rises 5% y/y in June under new series

InfraRealty

Consider increasing exposure to infrastructure and real estate sectors.

WHY IT MATTERS
Growth in infrastructure output signals strong economic momentum.
Quick Takes
global macro • negative
US keeps striking Iran, but Tehran's missiles and drones are still flying: Why Washington hasn't broken Tehran's military machine
Expect heightened volatility in energy markets; consider hedging strategies.
Read full report →
india macro • negative
India Hikes Diesel and Jet Fuel Export Tax
Expect pressure on energy and auto stocks due to increased export taxes.
Read full report →
markets • negative
Sensex falls 600 points, Nifty loses 24,200: Why markets are down
Consider defensive stocks and monitor for further market cues.
Read full report →
commodities • negative
Oil prices jump 3% as US-Iran conflict disrupts Strait of Hormuz; Brent tops $90
Short-term pressure on oil-dependent stocks expected; monitor USD/INR levels.
Read full report →
global macro • negative
US-Iran war news live: US launches 10th night of strikes as Iran targets Kuwait, tanker hit in Strait of Hormuz
Expect volatility in energy stocks and potential pressure on the rupee.
Read full report →
sector • positive
Why India Could Dominate The Sustainable Aviation Fuel Market
Consider investing in companies involved in sustainable aviation fuel development.
Read full report →
FII / DII Activity
FII/FPI
Bought
₹1,150 Cr
DII
Bought
₹145 Cr

FIIs bought ₹1,150 Cr, DIIs bought ₹145 Cr today.

Market Breadth

Advances: 822 · Declines: 880 · A/D Ratio: 0.93

Selective selling - index down but many stocks up

Sector Performance
PSU Bank
+2.8%
Pharma
+1.4%
Media
+1.1%
Energy
+1.0%
Metal
+0.9%
Infra
+0.7%
FMCG
+0.7%
Realty
-0.1%
IT
-0.2%
Auto
-0.3%
Bank
-1.0%
Fin Services
-1.2%

PSU Bank, Pharma led gains while Bank, Fin Services underperformed. Mixed sector performance today.

Top Gainers / Losers
Top Gainers
PNB +5.61%
JSWENERGY +4.64%
TORNTPHARM +4.56%
UNIONBANK +4.36%
MANAPPURAM +3.70%
Top Losers
AXISBANK -5.37%
HDFCBANK -5.08%
AUBANK -3.51%
YESBANK -2.80%
SWIGGY -2.34%
Technical Levels
Nifty 50
Support 24,122 / 24,006
Resistance 24,256 / 24,273
Bank Nifty
Support 57,541
Resistance 58,094

Nifty is in sideways trend. Trading below 200 DMA suggests caution. Short-term momentum is positive.

Global Cues

 |  S&P Futures: +0.18%

Global cues mixed; expect range-bound opening

Commodities & Forex
Gold
₹1,41,398
+0.35%
Silver
₹2,18,150
-0.11%
USD/INR
Rs 96.44/USD
+0.00%
Macro / Economic Events
📌 5 earnings results expected
📌 US Fed Interest Rate Decision
Looking Ahead
👀 US Fed Interest Rate Decision
Corporate Actions
SBI
Funds Management Share Price Live: Listing shortly; why this Rs 9,813-crore IPO paid bankers so little
HDFC Bank
CEO reappointment delayed by board review: Report
Paytm
Board drops bonus share proposal to prioritise growth and profitability
ONGC
ONGC, Tech Mahindra: Top stock picks by Kotak Securities; here's why
Earnings Calendar
TVS Motor Company
21 Jul
Indian Hotels Company
21 Jul
JSW Infrastructure
21 Jul

DISCLAIMER

This newsletter is for informational and educational purposes only. It is not investment advice. Markets are subject to risks, and past performance is not indicative of future results. Consult a registered financial advisor before making investment decisions. We are not registered investment advisors with SEBI or any other regulatory body.

AI DISCLOSURE: Some analysis is generated using AI technology and curated by our editorial team.

Market Pulse

Daily market intelligence, delivered.

newsletter.harinext.com · Privacy Policy · Unsubscribe