Visit us on www.sharekhan.com  |  July 26, 2024

Markets hit fresh record high. Sensex gains 1,293 points

The benchmark indices break their five-day losing streak and close higher on July 26

Major headlines

  • Sterling & Wilson bagged order worth Rs. 328 cr in Rajasthan.
  • Chalet Hotels to acquire land for Rs. 137 cr in Goa.
  • Tata Power arm partners with Bank of India for rooftop solar and EV charging stations.
  • Amber Enterprises Q1 net profit up by 60% YoY to Rs. 74.7 cr.
  • Cholamandalam Investment and Finance Q1 net profit gained 30% YoY to Rs. 942 cr.

For all the day's market news click here

Indian indices

Indian equities scaled fresh record highs on last trading day of the week on July 26. All the sectors ended in green. The BSE Midcap index rose 2.12% and Smallcap index up 1%. The Sensex rose by 1.62% or 1,292.92 points to 81,332.72. The Nifty gained 1.76% or 428.75 points to 24,834.85.

Rupee ended at record closing low of 83.73/$.


Indices performance for the day

Indices Closing Chg (pts) Chg (%)
BSE Sensex 81332.72 1292.92 1.62
NSE Nifty 24834.85 428.75 1.76
BSE Midcap 47706.67 990.87 2.12
BSE Smallcap 54294.35 536.34 1.00

Following are the stocks/sectors which were in news today:

  • Indus Towers jumped 4.76% to Rs. 445, on buyback proposal.
  • SJVN gained 5.04% to Rs. 148.05, after Rs. 14,000 crore projects won in Mizoram.
  • Sterling and Wilson shares hit 5% upper circuit at Rs. 686.25, on bagging orders worth Rs. 328 crores.
  • Shriram Finance advanced 9.14% to Rs. 2,925.30, after company reported 18.2% YoY surge in net profit at Rs. 1,981 crores for Q1FY24.
  • Motilal Oswal Financial Services increased by 2.13% to Rs. 590.45, after its net profit rose by 67.9% YoY to Rs. 883.6 crore for the quarter ended Q1FY25.

Market sentiment

Market breadth (No of shares)   Volume (Rs in crore)
  BSE NSE   BSE NSE
Advance 2652 1837 Cash 12,139.36 1,36,487.50
Decline 1286 865 F&O 32,665.45 1,37,73,770.00

Sectoral & stock screening

 

BSE Sensex A Group

Top 5 Gainers Closing Price Chg (%)   Top 5 Losers Closing Price Chg (%)
The New India Assurance Company 291.50 12.74   MMTC 106.78 -12.16
General Insurance Corporation of India 410.45 10.28   BASF 5815.25 -5.81
One 97 Communication 508.85 10.00   Cyient 1789.10 -5.56
Infibeam Avenues 31.34 9.24   Route Mobile 1640.80 -5.04
Shriram Finance 2925.30 9.14   JTL Industries 212.35 -4.84

To view all the key market data/statistics of the day click here

Global signals

Asia-Pacific markets mostly rebounded, after Thursday’s sell-off saw some indexes in the region hit their lowest level in months.

European stocks rose as global selloff eases.

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