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Full issue · 2026-07-24

Market Pulse: 24 July 2026 - Pre-Market Update

Market Pulse - Friday, 24 July, 2026
Nifty 23,869.6 (-0.53%) • FII Sold ₹1,492 Cr
Market Pulse Friday, 24 July, 2026
Market Snapshot
📊
Nifty 50
23,869.6
-0.53%
📈
Sensex
76,391.39
-0.47%
🏦
Bank Nifty
56,592
-0.94%

Yesterday, Indian indices closed in the red with the Nifty 50 dropping 0.53% and the Sensex down 0.47%, weighed down by broad-based selling. Bank Nifty was the biggest loser, slipping 0.94% as financial stocks tumbled. Market breadth was negative, with more declines than advances. Meanwhile, global cues were mixed as Trump announced new tariffs affecting nearly all US imports, while tensions in the Strait of Hormuz escalated following a US missile strike on Iran's Larak Island.

The Big Story
📰 FEATURED

India’s apex bank drafts new rules to ease foreign investment

BankingInfraIT

Expect increased FDI inflows; evaluate sectors poised for growth.

WHY IT MATTERS
Eased foreign investment rules could attract more FDI, boosting multiple sectors.
Quick Takes
global macro • negative
Trump announces next phase of global tariffs, affecting 99.4% of US imports
Expect volatility in export-driven sectors due to trade tensions.
Read full report →
india macro • positive
India's markets regulator proposes to widen investment avenues for portfolio managers
Potential for increased market liquidity; positive for diversified portfolios.
Read full report →
global macro • negative
US missile hits Iran's Larak Island after Trump says 'we're not finished': Why it marks a dangerous new phase in Hormuz conflict
Expect heightened volatility in energy markets; consider risk management.
Read full report →
india macro • positive
India relaxes e-commerce investment rules for exports in win for Amazon
E-commerce sector may see growth; consider exposure to related stocks.
Read full report →
global macro • negative
'If US sets its filthy foot on Iranian soil': Tehran warns against ground invasion as America steps up airstrikes
Prepare for potential oil price hikes impacting energy stocks.
Read full report →
global macro • negative
Trump threatens to bomb 'one bridge or power plant' for every Iranian attack on ships in Strait of Hormuz
Energy stocks may face volatility; consider hedging strategies.
Read full report →
FII / DII Activity
FII/FPI
Sold
₹1,492 Cr
DII
Sold
₹799 Cr

FIIs sold ₹1,492 Cr, DIIs sold ₹799 Cr. Broad institutional selling pressure.

Market Breadth

Advances: 785 · Declines: 914 · A/D Ratio: 0.86

Selective selling - index down but many stocks up

Sector Performance
Auto
+0.7%
Media
+0.2%
IT
-0.1%
Pharma
-0.4%
FMCG
-0.4%
Metal
-0.7%
Fin Services
-0.8%
Bank
-0.9%
Infra
-1.0%
Energy
-1.0%
PSU Bank
-1.0%
Realty
-1.8%

Auto, Media led gains while PSU Bank, Realty underperformed. Cyclicals leading indicates risk-on appetite.

Top Gainers / Losers
Top Gainers
HEROMOTOCO +3.67%
NUVAMA +3.27%
SBILIFE +2.89%
ICICIGI +2.71%
BAJAJ-AUTO +2.55%
Top Losers
SRF -8.53%
ADANIGREEN -6.13%
INDUSINDBK -6.06%
BANDHANBNK -4.26%
ADANIENT -4.25%
Technical Levels
Nifty 50
Support 23,857 / 23,844
Resistance 24,125 / 24,380
Bank Nifty
Support 56,557
Resistance 57,612

Nifty is in sideways trend. Trading below 200 DMA suggests caution.

Global Cues

 |  S&P Futures: -1.25%

US futures negative (S&P -1.25%).

Commodities & Forex
Gold
₹1,42,796
-1.98%
Silver
₹2,19,250
-3.41%
USD/INR
Rs 96.57/USD
+0.01%
Macro / Economic Events
📌 5 earnings results expected
📌 US Fed Interest Rate Decision
Looking Ahead
👀 US Fed Interest Rate Decision
Corporate Actions
Godrej
Capital eyes personal loans segment after gold loans business acquisition, says CEO Manish Shah
Wipro
Dividend alert! Last day to buy Wipro, DLF, Persistent Systems among 12 stocks for dividend rewards. Do you own any?
Infosys
ADR slips over 5% after Q1 results, FY27 growth guidance cut
Earnings Calendar
Shriram Finance
24 Jul
SBI Life Insurance Company
24 Jul
TATA Consumer Products
24 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.

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