Stock market update: Nifty Bank index advances 1.19%
ADVERTISEMENT Shares of ICICI Bank Ltd.(up 2.81 per cent), HDFC Bank Ltd.(up 2.21 per cent), IDFC First Bank Ltd.(up 1.24 per cent), Kotak Mahindra Bank Ltd.(up 1.16 per cent) and Federal Bank Ltd.(up 0.15 per cent) ended the day as top gainers in the pack.
On the other hand, Au Small Finance Bank Ltd.(down 5.29 per cent), Canara Bank(down 2.12 per cent), IndusInd Bank Ltd.(down 1.3 per cent), Punjab National Bank(down 0.67 per cent) and Bank of Baroda(down 0.54 per cent) finished as the top losers of the day.
The Nifty Bank index closed 1.19 per cent up at 56952.75. Benchmark NSE Nifty50 index ended up 122.3 points at 25090.7, while the BSE Sensex stood up 442.61 points at 82200.34. Among the 50 stocks in the Nifty index, 31 ended in the green, while 19 closed in the red.
ADVERTISEMENT Shares of Vodafone Idea, YES Bank, JP Power, PC Jeweller and Paradeep Phosphates were among the most traded shares on the NSE. Shares of Gallantt Metal, Paradeep Phosphates, Borosil Renewables, Mangalore Chem and Bluspring Enterprises Ltd. hit their fresh 52-week highs in today's trade, while Shriram EPC(PP), Smartworks Coworking, Reliance Comm, SKIL Infrastructure and LCC Infotech hit their fresh 52-week lows.
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Mint
an hour ago
- Mint
Stocks to buy under ₹100: Experts recommend two shares to buy tomorrow — 23 July 2025
Stocks to buy under ₹100: The Nifty 50 and Sensex fluctuated between gains and losses throughout Tuesday's session on July 22, as investors adopted a cautious stance. With no strong directional cues, the benchmark indices paused for breath, while notable movement was seen in individual stocks. The Nifty ended the day down 29 points, or 0.12%, at 25,060.90. Market participants remained focused on developments related to the India-US trade agreement. Advertisement All sectoral indices closed in the red, with IT, auto, PSU banks, pharma, media, and realty falling between 0.4% and 2%. Broader markets also witnessed weakness — the Nifty Midcap 100 declined by 0.6%, while the Nifty Smallcap index performed slightly better, slipping 0.3%. Meanwhile, market fear and volatility continued to ease, as reflected in a 3.5% drop in the India VIX to 10.75. Stock market today On the Indian stock market's outlook today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "Investors now await commentary from Fed Chair Powell later tonight for clues on the US rate trajectory. On the earnings front, key results scheduled for Wednesday include Infosys, SRF, Tata Consumer, Persistent Systems, Oracle, and Coforge. Markets will likely stay range-bound in the near term, focusing on ongoing corporate earnings." Advertisement Speaking on the outlook of the Nifty 50 today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, "The underlying trend of the Nifty 50 index continues to be weak amidst choppy movement. Having been rejected by the hurdle of 25200, the chances of Nifty sliding below 24900 are likely in the coming session. In such an event, the downside target could open around 24500 for the coming weeks, with immediate resistance at 25,200." Asked about the outlook of the Bank Nifty today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Bank Nifty index, after opening on a positive note, fizzled out resisting near the 57,200 zone and with profit booking seen witnessed a gradual slide to end near the 56,700 zone with bias maintained intact, having the strong support near the 56,000 level, which has been sustained as of now. On the upside, the index would need to breach above the resistance zone of 57,600 level, as we have been mentioning, and thereafter, can expect fresh higher targets of 58,500 and 60,000 levels in the coming days." Advertisement Stocks to buy today under ₹ 100 Regarding stocks to buy today, market experts Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher; Anshul Jain, Head of Research at Lakshmishree Investment; and Sugandha Sachdeva, Founder of SS WealthStreet, recommended these three intraday stocks for today under ₹100: ABFRL, Niva Bupa Health Insurance Company, and XXX. Vaishali Parekh's intraday stock for today under ₹ 100 1] ABFRL: Buy at ₹76, Target ₹80, Stop Loss ₹74. Anshul Jain's stock to buy under ₹ 100 2] Niva Bupa Health Insurance Company: Buy at ₹88.50, Target ₹96, Stop Loss ₹85. Advertisement Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.


Mint
3 hours ago
- Mint
Stocks to buy under ₹100: Experts recommend two shares to buy tomorrow — 23 July 2025
Stocks to buy under ₹ 100: The Nifty 50 and Sensex fluctuated between gains and losses throughout Tuesday's session on July 22, as investors adopted a cautious stance. With no strong directional cues, the benchmark indices paused for breath, while notable movement was seen in individual stocks. The Nifty ended the day down 29 points, or 0.12%, at 25,060.90. Market participants remained focused on developments related to the India-US trade agreement. All sectoral indices closed in the red, with IT, auto, PSU banks, pharma, media, and realty falling between 0.4% and 2%. Broader markets also witnessed weakness — the Nifty Midcap 100 declined by 0.6%, while the Nifty Smallcap index performed slightly better, slipping 0.3%. Meanwhile, market fear and volatility continued to ease, as reflected in a 3.5% drop in the India VIX to 10.75. On the Indian stock market's outlook today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "Investors now await commentary from Fed Chair Powell later tonight for clues on the US rate trajectory. On the earnings front, key results scheduled for Wednesday include Infosys, SRF, Tata Consumer, Persistent Systems, Oracle, and Coforge. Markets will likely stay range-bound in the near term, focusing on ongoing corporate earnings." Speaking on the outlook of the Nifty 50 today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, "The underlying trend of the Nifty 50 index continues to be weak amidst choppy movement. Having been rejected by the hurdle of 25200, the chances of Nifty sliding below 24900 are likely in the coming session. In such an event, the downside target could open around 24500 for the coming weeks, with immediate resistance at 25,200." Asked about the outlook of the Bank Nifty today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Bank Nifty index, after opening on a positive note, fizzled out resisting near the 57,200 zone and with profit booking seen witnessed a gradual slide to end near the 56,700 zone with bias maintained intact, having the strong support near the 56,000 level, which has been sustained as of now. On the upside, the index would need to breach above the resistance zone of 57,600 level, as we have been mentioning, and thereafter, can expect fresh higher targets of 58,500 and 60,000 levels in the coming days." Regarding stocks to buy today, market experts Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher; Anshul Jain, Head of Research at Lakshmishree Investment; and Sugandha Sachdeva, Founder of SS WealthStreet, recommended these three intraday stocks for today under ₹ 100: ABFRL, Niva Bupa Health Insurance Company, and XXX. 1] ABFRL: Buy at ₹ 76, Target ₹ 80, Stop Loss ₹ 74. 2] Niva Bupa Health Insurance Company: Buy at ₹ 88.50, Target ₹ 96, Stop Loss ₹ 85. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.


The Print
3 hours ago
- The Print
Stock markets close flat in volatile trade; Eternal jumps nearly 11 pc
The 50-share NSE Nifty dipped 29.80 points or 0.12 per cent to settle at 25,060.90. The 30-share BSE Sensex ended 13.53 points or 0.02 per cent down at 82,186.81. During the morning trade, it climbed 337.83 points or 0.41 per cent to 82,538.17 but lost momentum later. Mumbai, Jul 22 (PTI) Benchmark stock indices Sensex and Nifty closed almost unchanged in a volatile trade on Tuesday as gains in quick commerce and private banking shares were offset by losses in oil & gas and IT shares. Lack of clarity over the US-India trade deal ahead of the August 1 deadline and profit booking by FIIs hit the market sentiment, experts said. Among Sensex firms, Eternal jumped the most by 10.56 per cent in a post-result rally. Food delivery and quick commerce firm Eternal, which owns the Zomato and Blinkit brands, on Monday reported a consolidated net profit of Rs 25 crore for the June quarter, as continuing investments in quick commerce and going-out businesses weighed on its bottom line. Titan rose by over 1 per cent while HDFC Bank and ICICI Bank extended gains after their quarterly results. Hindustan Unilever, Bharat Electronics, Maruti, ICICI Bank and Mahindra & Mahindra were also among the gainers. However, Tata Motors, Adani Ports, State Bank of India and Reliance Industries were among the laggards. 'The market's attention is on quarterly earnings, which slowed lately after some traction from banking stocks. Positivity noticed on Friday and Monday tapered ahead of the critical August 1st deadline of US trade agreement. 'Upside in Q1 earnings will be the critical point to sustain the current premium valuations. Continued profit-booking by FIIs exerts downward pressure, while steady inflows from DIIs could support for a range-bound movement with a positive bias towards Q1 results and trade deal,' Vinod Nair, Head of Research, Geojit Investments Limited, said. The BSE midcap gauge declined 0.62 per cent and smallcap index dipped 0.17 per cent. Among BSE sectoral indices, realty dropped 1.01 per cent, followed by telecommunication (0.87 per cent), auto (0.78 per cent), IT (0.53 per cent) and teck (0.53 per cent). Consumer discretionary emerged as the only gainer. 'Markets remained range-bound and ended almost flat, indicating a pause amid mixed signals. The market continues to lack clear direction amid mixed earnings announcements and muted global cues,' Ajit Mishra – SVP, Research, Religare Broking Ltd, said. In Asian markets, Shanghai's SSE Composite index and Hong Kong's Hang Seng settled in positive territory while South Korea's Kospi and Japan's Nikkei 225 index ended lower. European markets were trading mostly lower. The US markets ended mostly higher on Monday. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,681.23 crore on Monday, while Domestic Institutional Investors (DIIs) bought stocks worth Rs 3,578.43 crore, according to exchange data. Global oil benchmark Brent crude dropped 0.97 per cent to USD 68.54 a barrel. On Monday, the Sensex climbed 442.61 points or 0.54 per cent to settle at 82,200.34. The Nifty jumped 122.30 points or 0.49 per cent to 25,090.70. PTI SUM MR MR This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.