| Market Pulse |
Friday, 17 July, 2026 |
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Market Snapshot
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📊
Nifty 50
24,072.75
-0.02%
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📈
Sensex
77,186.87
+0.00%
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🏦
Bank Nifty
57,582.25
-0.30%
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In the previous session, the Indian markets remained mostly flat with the Nifty 50 and Sensex showing marginal movements of -0.02% and +0.00% respectively. The Bank Nifty was down by 0.30% as concerns over rising interest rates weighed on banking stocks. Market breadth was slightly negative with more decliners than advancers. Institutional selling was notable with FIIs offloading ₹1,523 Cr, adding pressure to the markets.
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The Big Story
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📰 FEATURED
India-UK trade pact takes effect, cutting tariffs and boosting services trade
FMCGPharmaIT
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Expect positive impact on export-oriented sectors; consider exposure to FMCG and IT.
WHY IT MATTERS
Trade pact reduces tariffs, boosting exports and services trade between India and UK.
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Quick Takes
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global macro • positive
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Analysis-China bets on faster state-backed projects to shore up growth, avoid broad stimulus
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Positive for Indian infra and metals sectors; potential export opportunities.
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Read full report →
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sector • positive
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India's SBI Funds Management draws $31 billion in country's fourth-most-bid IPO
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Positive sentiment in banking sector; consider exposure to financial stocks.
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Read full report →
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global macro • negative
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Trump tightens squeeze on Iran: 'Guardian' US to blockade Iranian ports, charge 20% on ships crossing Hormuz
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Monitor energy stocks for potential volatility due to geopolitical risks.
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Read full report →
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global macro • negative
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Trump says US will take over Strait of Hormuz: 5 reasons why Iran and geography stand in the way
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Energy sector may face pressure; consider hedging against oil price volatility.
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Read full report →
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global macro • negative
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Trump admin races clock to rebuild US tariff wall knocked down by Supreme Court
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Export-oriented sectors may face headwinds; consider diversification.
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Read full report →
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commodities • positive
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Sugar Prices Retreat as India’s Monsoon Rains Improve
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Consider FMCG stocks as lower sugar prices may improve margins.
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Read full report →
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FII / DII Activity
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FII/FPI
Sold
₹1,523 Cr
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DII
Sold
₹142 Cr
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FIIs sold ₹1,523 Cr, DIIs sold ₹142 Cr today.
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Market Breadth
Advances: 842 ·
Declines: 862 ·
A/D Ratio: 0.98
Selective selling - index down but many stocks up
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Sector Performance
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Media
+1.2%
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IT
+0.7%
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Auto
+0.5%
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FMCG
+0.3%
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Pharma
+0.0%
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Infra
-0.1%
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Energy
-0.1%
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Bank
-0.3%
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Metal
-0.3%
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PSU Bank
-0.5%
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Fin Services
-0.5%
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Realty
-1.0%
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Media, IT led gains while Fin Services, Realty underperformed. Defensive sectors outperforming suggests risk-off sentiment.
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Technical Levels
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Nifty 50
| Support |
24,053 / 24,032 |
| Resistance |
24,161 / 24,249 |
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Bank Nifty
| Support |
57,355 |
| Resistance |
58,031 |
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Nifty is in sideways trend. Trading below 200 DMA suggests caution.
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Global Cues
| S&P Futures: -1.12%
US futures negative (S&P -1.12%).
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Commodities & Forex
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Gold
₹1,40,209
-1.16%
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Silver
₹2,15,665
-0.16%
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USD/INR
Rs 96.33/USD
+0.00%
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Macro / Economic Events
| 📌 |
5 earnings results expected |
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| 📌 |
US Fed Interest Rate Decision |
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Looking Ahead
| 👀 |
US Fed Interest Rate Decision |
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Corporate Actions
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Reliance Industries
Q1 preview: Strong O2C, steady Jio seen supporting earnings; retail margins a key watch
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SBI
Funds Management IPO Allotment Live: Rs 9,813-crore IPO draws a stunning Rs 2.98 lakh crore in bids, allotment likely today
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Wipro
says demand environment unchanged, discretionary spending remains intense
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Tech Mahindra
posts third straight quarter of over $1 billion in deal wins
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Jio Financial
Services Q1 results: Net profit rises 156% to Rs 830 crore, revenue more than triples
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Earnings Calendar
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Reliance Industries
17 Jul
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JSW Steel
17 Jul
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Oberoi Realty
17 Jul
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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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