Sensex Nifty Live Updates July 23: Nifty, Sensex Log Sharp Gains on Positive Global Momentum

Indian markets ended higher on Wednesday, supported by firm global cues and broad-based buying across key sectors. The Nifty 50 rose 0.63% to close at 25,219, while the Sensex gained 0.66% to settle at 82,726. Auto and financial stocks led the rally, with Tata Motors, Shriram Finance, and Bharti Airtel among the top performers. On the flip side, FMCG names like Tata Consumer Products and HUL saw profit booking. Asian markets posted strong gains, driven by a 3.5% jump in Japan’s Nikkei. European indices were also trading higher mid-session, while U.S. futures pointed to a positive start.
 

Stock Market Highlights, July 23:

• Indian Benchmarks Close Firmly in Green: Domestic equity markets ended the day on a positive note, with the Nifty 50 rising 0.63% to settle at 25,219, while the Sensex gained 0.66% to close at 82,726. Strong buying interest in auto and financial stocks helped lift overall sentiment.
• Tata Motors Leads Gainers; FMCG Stocks Under Pressure: Among the top performers, Tata Motors surged 2.48%, followed by Shriram Finance (2.17%) and Bharti Airtel (1.94%). On the flip side, Tata Consumer Products declined 2.05%, with HUL and Bharat Electronics also ending in the red, weighing on FMCG and defence sectors.
• Global Cues Remain Supportive: Asian markets posted solid gains, led by Japan’s Nikkei which jumped 3.51%. European indices like the DAX and CAC 40 were also trading higher during mid-session. Meanwhile, US stock futures hinted at a positive opening, suggesting continued global risk-on sentiment.

Stay informed with our in-depth look at what’s driving the stock market tomorrow.

Top Gainers:

Top Losers:

Indian Market Closing Cues:

Asian Markets: 

European Market Mid-Session Update:

U.S. Markets Live Today

*As of 15:35 IST

Stocks to Watch Today:

Here are the top stocks to watch today following their latest earnings and key business updates.

Earnings on Radar:

A packed earnings lineup is set to drive market sentiment today. Major players releasing their Q1 FY26 numbers include Infosys, Dr. Reddy’s Laboratories, Tata Consumer Products, Coforge, Persistent Systems, SRF, Syngene International, Tata Teleservices, and Mahindra Holidays & Resorts India. The results calendar also features Force Motors, Thyrocare Technologies, Aditya Birla Real Estate, Bajaj Housing Finance, DAM Capital Advisors, CMS Info Systems, and Bikaji Foods International.

One 97 Communications (Paytm)

Paytm swung to a net profit of ₹122.5 crore in Q1 FY26, recovering from a loss of ₹838.9 crore a year ago. The fintech firm posted a 27.7% jump in revenue, which rose to ₹1,917.5 crore from ₹1,501.6 crore. Other income surged 75.6% year-on-year to ₹241.4 crore.

Indian Railway Finance Corporation (IRFC)

IRFC reported a 10.7% rise in net profit, reaching ₹1,745.7 crore for the June quarter, compared to ₹1,576.8 crore in the same period last year. Revenue climbed 2.2% to ₹6,915.4 crore from ₹6,765.7 crore.

Dalmia Bharat

Dalmia Bharat clocked a strong 171% year-on-year growth in Q1 net profit, reporting ₹393 crore. However, the figure missed market estimates pegged around ₹425 crore.

Dixon Technologies

Dixon Technologies reported a robust 68.3% growth in net profit, which stood at ₹225 crore for the June quarter, up from ₹133.7 crore a year earlier. Revenue nearly doubled, surging 95% year-on-year to ₹12,835.7 crore.

Oil and Natural Gas Corporation (ONGC)

ONGC’s board has greenlit a true-up payout of up to ₹5,082 crore for its subsidiaries under ONGC Videsh. The funds will support the Area 1 Mozambique LNG project over FY26 and FY27.

Stock Market Outlook for July 23:

• Positive Opening but Volatility Ahead: Nifty opened around 25,139. However, a low Put-Call Ratio (PCR) for both Nifty (0.74) and Bank Nifty (0.74) hints at cautious sentiment and potential intraday volatility.
• Mixed Global Cues May Limit Upside: While the Dow Jones closed higher, weakness in the Nasdaq and flat movement in U.S. bond yields reflect uncertainty. In contrast, strong gains across Asian markets—especially Japan's Nikkei, up over 3%,—could lend early support to domestic equities.
• Watch for FII Flows and Key Resistance Levels: FIIs remained net sellers to the tune of ₹3,548.90 crore, while DIIs bought ₹5,239.80 crore, offsetting the pressure. With max pain for Nifty at 25,100, traders may see range-bound moves unless decisive triggers emerge.
   

Indian Stock Market Recap: July 22

Indian stock markets ended marginally lower, weighed down by profit booking in select heavyweights and mixed global signals. The Nifty 50 slipped 0.12% to close at 25,060, while the Sensex eased 0.02% to settle at 82,186.

Indian Market Cues:

Global Market Cues (U.S. Indices):

Asian Markets: 

Crude Oil Prices:

Bond Yields:

FII/DII Activity:

Foreign Institutional Investors (FIIs) Net Buy/Sell: -3,548.90
Domestic Institutional Investors (DIIs) Net Buy/Sell: 5,239.80

*As of 09:39 IST
 

This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.