📈 Today's Stock Market Buzz - July 25, 2024

Hey Cleepi Community,

Here's your quick rundown of today's stock market highlights!

Sensex & Nifty Show Resilience on Expiry Day 📊

• Market Close:
• • Sensex closed down 109.08 points (-0.14%) at 80,039.80.
  • Nifty closed down 7.40 points (-0.03%) at 24,406.10.

• Market Recovery:
• • Nifty recovered 195 points from the day's low.
  • Sensex saw a recovery of 560 points from the day's low.

• Global Cues:
• • Indian indices opened negatively due to weak global cues.
  • Buying at lower levels helped recovery, closing with marginal losses.

• Top Nifty Gainers:
• • Tata Motors
  • ONGC
  • SBI Life Insurance
  • BPCL
  • Sun Pharma

• Top Nifty Losers:
• • Axis Bank
  • Nestle India
  • Titan Company
  • ICICI Bank
  • Tata Steel

• Sector Performance:
• • Gains: Auto, capital goods, power, oil & gas, healthcare, media (0.5-3% rise).
  • Losses: Bank, IT, metal, realty, telecom (0.5-1% fall).

• Midcap and Smallcap Indices:
• • Ended marginally lower.

• Stocks Hitting 52-Week High:
• • Tata Motors, ONGC, SBI Life Insurance, Sun Pharma, NTPC, Tech Mahindra, Petronet LNG, IDBI Bank, Deepak Nitrite, Federal Bank, CG Consumer, Max Financial, among others.

• Expert Insights:
• • Aditya Gaggar: Index showing resilience, strong support at 24,200.
  • Jatin Gedia: Nifty likely to face resistance at 24,500-24,550.

• Options Data:
• • Key level for Nifty: 24,400.
  • Support: 24,000.
  • Resistance: 24,800.

• Bank Nifty:
• • Underperformed, falling 428 points (-0.83%) to 50,889.
  • Formed a bullish candlestick pattern despite closing lower.

We are not SEBI registered, so please consult your financial advisor before making any investment decisions. The information provided is not a buy/sell recommendation & is for pure educational purpose.

Happy investing!

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