Market highlights, July 26: Record close for benchmarks; Sensex soars 1,293 pts, Nifty near 24,850
Stock market highlights, July 26, 2024: In broader indices, the MidCap index outperformed benchmark indices rallying 2.12 per cent while SmallCap settled 1 per cent higher
 "Sensex, BSE, stock markets")
Stock market highlights on Friday, July 26, 2024: Benchmarks Sensex and Nifty saw massive rallies on Friday, with the BSE Sensex climbing 1.62 per cent or 1292 points to end at 81,332 levels, while NSE’s Nifty50 closed 1.76 per cent or 428 points at 24,834 levels.
The day belonged to the bulls as 27 out of 30 stocks on BSE Sensex saw gains with Bharti Airtel, Adani Ports, Sun Pharma, Tata Steel, and Infosys among others ending 4-3 per cent higher, while HDFC Bank, HUL and Nestle India saw marginal declines.
On the NSE, Shriram Finance was the top gainer, rising over 9 per cent followed by Cipla and Divis Labs, while ONGC and HDFC Bank saw a decline on the exchange.
In broader indices, the MidCap index outperformed benchmark indices rallying 2.12 per cent while SmallCap settled 1 per cent higher.
Sectorally, all indices ended in green with Nifty Metal, Nifty Pharma and Nifty Healthcare rising up to 3 per cent.
4:01 PM
Views by: Vinod Nair, head of research, Geojit Financial Services.
'The upturn was driven by positive reactions to strong US GDP data, which augurs well for global demand'
The domestic market experienced a substantial rebound on the start of the next month expiry, recovering from the recent losses incurred following the Union budget. This upturn was driven by positive reactions to the better-than-expected US GDP, which augurs well for global demand. Investors are adopting buy on dip strategy, refocusing on quarterly earnings and stock-specific trends. Notably, gains were observed across sectors, with Metals and IT leading, and midcaps outperforming."
Views by: Vinod Nair, head of research, Geojit Financial Services.
3:44 PM
Sector Check: Nifty Metal was the top gainer
3:42 PM
Broader markets end higher
3:41 PM
Index heat map: Bharti Airtel was the top gainer
3:38 PM
Closing Bell: Nifty settles above 24,800
3:37 PM
Closing bell: Sensex zooms 1,300 points
3:24 PM
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3:10 PM
This jewellery stock hit the 5th straight upper limit; up 95% from June low
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3:02 PM
ALERT:: Equitas SFB Q1 net plunges 87%; stock slips 1%
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2:54 PM
ALERT :: Paytm share price hits 10% upper circuit; here's why
Topics : MARKET WRAP Markets Q1 results Market news stock market trading stock market listing Indian stock markets Indian stock market share market S&P BSE Sensex Gift Nifty Nifty50 earning Nifty50 Global Markets
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First Published: Jul 26 2024 | 7:33 AM IST