Closing Bell 14th July: Nifty 50 down by 0.66% & Sensex by 0.72%

On Tuesday, the Indian stock market closed the day in negative sentiment, with the Nifty 50 opening at 24,068.00, reaching a high of 24,157.10, and closing at 24,052.05, down by 0.66%. Similarly, the BSE Sensex opened at 77,272.34, reached a high of 77,402.79, and ended at 77,054.94, down by 0.72%.

The Indian markets traded in the red, driven by renewed hostilities and military actions in the Middle East, specifically around the Strait of Hormuz and a sharp spike in crude oil prices.

Reasons for the negative sentiment

The following are the reasons for the negative sentiment in the stock market:

• Sharp rebound in Brent crude prices to over $85 per barrel, amid supply disruption concerns.
• Escalating US-Iran Conflict with fresh military strikes by the United States against Iran and it triggered widespread risk aversion.
• Rupee weakened 0.46% past the 96-per-US dollar mark for the first time since late May.
• India VIX rose 3.31% to 13.72, indicating a rise in market volatility amid the broader sell-off.

Major Indices Today

• The benchmark indices, Nifty 50 and Sensex, traded in the red, led by losses in financials, auto, realty and information technology sectors.
• Nifty Next 50 traded in the red, dragged by escalating US-Iran geopolitical tensions and a sharp spike in Brent crude oil prices, which hovered around $85 per barrel.
• Nifty Bank traded lower, led by losses in PSU banks as they witnessed heavy selling, as rising crude oil prices may increase borrowing rates, lead to higher bond yields and narrow the gains of treasury bills.

Sectoral Indices Today

• Nifty IT traded in the red and erased its recent gains, heavily impacted by prominent brokerage downgrades on HCL Technologies and a sharp overnight sell-off in US tech stocks on Wall Street.
• Nifty Auto traded in the red, driven by rising fuel and logistics costs as they pressured automotive margins, while broader geopolitical tensions and foreign fund outflows severely dampened investor sentiment.
• Nifty FMCG traded in the red amid selling pressure across the sector as investors rotated their capital from defensive plays.
• Nifty Pharma traded in the green as the Indian pharmaceuticals market reported a year-on-year sales growth of over 13% for June.
• Nifty Oil & Gas traded in the red as crude prices rose near the $85 per barrel mark, renewed geopolitical tensions in the Middle East and a United States naval blockade on Iranian shipping. 

Market Movers Today

• Saatvik Green Energy: The price of its shares increased by over 7% on Tuesday due to broker Motilal Oswal giving the stock a Buy rating.
• Biocon Ltd: The price of its shares went up by almost 6% due to a large block deal of Rs 3,680 crore that removed the supply overhang, which had been weighing down investor sentiments.
• HCL Technologies Ltd: The shares of the company fell by almost 3%, eroding the early gains made during the last trading day after cautionary remarks by brokers regarding the results of the fiscal first quarter.
• Indian Oil Corporation: Its share price fell by 2.11% following the rise in Brent crude prices to above $85 per barrel, its highest since mid-June, after the US reinstated its blockade of Iranian shipping and charged a 20% transit fee for cargo passing through the Strait of Hormuz.
• Nuvoco Vistas Corp Ltd: The company's stock increased by about 8% as the cement manufacturer reported a consolidated profit after tax of Rs 160 crore for the quarter ended June 30, up 20 % from a year earlier.

Top Gainers

Top Losers

52W High Stocks

52W Low Stocks

High Volume Stocks Today

IPO

• Alpine Texworld IPO opens its subscription window on July 14, 2026(today) and closes on July 16, 2026. The allotment for the Alpine Texworld IPO is expected to be finalised on Jul 17, 2026. It offered shares in the price band of ₹100-₹105 per share. 
• SBI Funds Management IPO is a book-built issue of ₹9,812.91 crores opened for subscription on Jul 14, 2026 and will close on Jul 16, 2026. The shares are offered in the price band of ₹545 to ₹574 per share.

Allotted today

• The allotment of shares for the Laser Power & Infra initial public offering (IPO) is scheduled to be finalised today, July 14. It offered shares in the price band of ₹203 and ₹214. You can check allotment status on the NSE and BSE websites.

Market Announcements

• The stock of PC Jewellers was trading slightly higher after the company announced that its board of directors would convene on Thursday, July 16, for consideration and approval of the issue of securities through QIP for the financing of various growth strategies of the company. 
• Wholesale inflation rose to 9.87%, which was the highest level seen in more than two years, on the back of sharply rising food prices, while fuel prices and persistent manufacturing inflation kept producer prices under pressure.