Closing Bell: Nifty Up 0.11%, Sensex Gains 0.17% on July 15

On Wednesday, the Indian equity market closed the day in positive sentiment, with the Nifty 50 opening at 24,085.85, reaching a high of 24,220.35, and closing at 24,078.50, up by 0.11%. Similarly, the BSE Sensex opened at 77,192.76, reached a high of 77,646.27, and ended at 77,185.43, up by 0.17%.

The Indian markets traded in the green after U.S senators updated their version of the Russia sanctions bill, easing the tariff proposal for India, China, and other importers of Russian oil and gas.

Reasons for the positive sentiment

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

Softer-than-expected U.S inflation data strengthened expectations that the Fed may keep interest rates unchanged.
Positive cues from the Asian and U.S markets.
Brent crude declined to USD 85 per barrel after U.S President Donald Trump withdrew the proposed 20% transit fee through the Strait of Hormuz, easing inflationary pressures for oil-importing countries like India.
The rupee rose by 5 paise to 96.11 against the U.S dollar.
India VIX, the market's volatility indicator, declined by 3.49% to 13.27.
Strong buying sentiment in banking stocks.

Major Indices Today

Indices	LTP	Prev close	Change
Nifty 50	24,078.50	24,052.05	0.11%
BSE Sensex	77,185.43	77,054.94	0.17%
Next 50	72,148.80	71,851.60	0.41%
Bank Nifty	57,757.85	57,462.30	0.51%
Fin Nifty	26,693.35	26,536.70	0.59%

The benchmark indices, Nifty 50 and Sensex, traded in the green, led by gains in HDFC Bank, Eternal, ICICI Bank, and Bajaj Finance shares.
Nifty Next 50 traded in the green, led by gains in shares of ABB India, Cholamandalam Investment and Finance Company, Tata Motors Company, and CG Power & Industrial Solutions.
Nifty Bank traded higher as three large private banks, including HDFC Bank, Axis Bank and ICICI Bank, are set to report their June quarterly earnings over the weekend on July 18.

Sectoral Indices Today

Indices	LTP	Prev close	Change
Nifty IT	28,532.25	28,724.75	-0.67%
Nifty Auto	26,645.10	26,547.50	0.37%
Nifty FMCG	48,286.50	48,524.95	-0.49%
Nifty Pharma	26,003.60	25,907.10	0.37%
Nifty Healthcare	16,507.80	16,441.45	0.40%
Nifty Oil & Gas	11,178.85	11,102.40	0.69%

Nifty IT traded in the red after IBM’s quarterly revenue forecast missed analyst expectations.
Nifty Auto traded in the green after Society of Indian Automobile Manufacturers (SIAM) said that domestic passenger vehicle dispatches from manufacturers to dealers hit an all-time high of 1,273,811 units in Q1 FY2027.
Nifty FMCG traded in the red dragged by the losses in Patanjali Foods amid a block deal.
Nifty Pharma traded higher amid broader market sentiment.
Nifty Oil & Gas traded in green after a decline in crude oil prices.

Market Movers Today

Nuvoco Vistas Corporation shares rose by 17% to hit an 8-month high after brokerage firms like Jefferies, HSBC and Nomura maintained their ‘Buy’ rating post Q2 earnings.
Patanjali Foods shares dropped by 17% to hit a 52-week low after 54.24 lakh shares worth ₹195 crore changed hands at an average price of ₹355 apiece through block deals.
L&T Technology Services shares rose by 6% after the brokerage firm Nomura maintained its Neutral rating on the stock and raised its target price to ₹3,180 from ₹3,150.
Ather Energy shares rose by 9% to cross the market capitalisation of ₹50,000 crore for the first time-ever after the Committee of Directors (CoD) of Hero MotoCorp approved the additional investment of up to ₹1,000 crore in the company.
IDBI Bank’s shares rose by 3% after Canada’s Fairfax Holdings is set to invest around ₹53,000 crore ($5.5 billion) in the bank, marks the largest foreign investment in an Indian bank.

Top Gainers

Company Name	LTP	Prev Close	Change
Hitachi Energy	33,980.00	32,490.00	4.59%
ABB	7,204.50	6,892.00	4.53%
GE Vernova T&D	4,696.40	4,498.60	4.40%
ICICI Prudential Life Insurance Company	525.15	503.95	4.21%
Force Motors	18,431.00	17,660.00	4.37%

Top Losers

Company Name	LTP	Prev Close	Change
Patanjali Foods	347.90	407.55	-14.64%
Tata Elxsi	3,520.40	3,697.30	-4.78%
Adani Green Energy	1,555.40	1,604.50	-3.06%
Adani Power	218.97	226.17	-3.18%
Delhivery	498.35	512.10	-2.69%

52W High Stocks

Company Name	LTP	52W high	Change
Sun Pharmaceutical	1,951.50	1,962.70	0.46%
Divis Laboratories	7,273.00	7,330.00	1.18%
Torrent Pharmaceuticals	5,017.80	5,033.40	0.89%
Apollo Hospitals	8,934.00	9,009.00	0.38%
One 97 Communications	1,368.00	1,407.00	-0.97%

52W Low Stocks

Company Name	LTP	52W low	Change
Mrs. Bectors Food	168.97	165.00	1.03%
TechNVision Ventures	3,404.10	3,353.30	-1.31%
TCC Concept	307.95	304.10	-2.78%
Essen Specialty Films	114.00	108.30	0.00%
Remsons Industries	77.82	75.23	2.19%

High Volume Stocks Today

Company Name	LTP	Prev Close	Change
Vodafone Idea	13.67	13.83	-1.16%
Kalyan Jewellers	548.10	529.75	3.46%
Union Bank of India	172.38	170.67	1.00%
Suzlon Energy	52.42	52.47	-0.10%
Yes Bank	23.60	23.61	-0.04%

IPO

SBI Funds Management IPO is open and will close on 16th July. The price band set for the IPO is from ₹545 to ₹574 per equity share.
Alpine Texworld IPO is open and will close on 16th July. The price band set for the IPO is from ₹100 to ₹105 per equity share.

Listed today

Kusumgar shares listed today at a premium of 36.99% on the BSE at ₹574 and on the NSE at 35.80% at ₹569 per equity share. The price band set for the IPO was from ₹398 to ₹419 per equity share.

Market Announcements

Tata Elxsi shares dropped by 6% after brokerage firms like Motilal Oswal and PLC reduced the target price post Q1 earnings.
Billionbrains Garage Ventures, the parent company of Groww, shares rose by 8% after the company reported growth in total income by 63% YoY to ₹1,549 crore, led by penetration of newer products like MTF and Commodity Derivatives.