MediumNegative
Announced Thu, 23 Jul · 16:57 IST
Market wrap: Adani Enterprises, IndiGo, Bajaj Auto among top gainers and losers on Nifty and Sensex on Thursday
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Indian benchmarks ended sharply lower with Sensex falling around 364 points to close at 76,391 and Nifty 50 declining nearly 127 points to below 23,870, while broader markets (Nifty Midcap 100 and Smallcap 100) lost up to 1 percent. Selling was driven by crude oil prices approaching $100 per barrel amid geopolitical supply concerns, raising inflation and rate outlook worries for emerging markets. Auto stocks were among the few outperformers backed by strong quarterly earnings, while technical analysts flagged a bearish RSI crossover with Nifty support seen around 23,600 and resistance near 24,000.