Thank you, readers! That's all from CNBC-TV18.com's live market coverage today. Please do log in again tomorrow for another day of market coverage. Stay Safe!

Jul 26, 2021 4:34 PM

Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives at Kotak Securities

Low volatility phase continues as RBI remains a major USD buyer and FPI flows capping the uptrend. Spot closed flat 74.42. July futures are trading flat near 74.44 levels. Over this week, the focus will be on the US Fed meeting on Wednesday. Ahead of that USDINR spot may remain within a range of 74.20 and 74.70 on spot.

Jul 26, 2021 4:33 PM

Shrikant Chouhan, Executive Vice President, Equity Technical Research, Kotak Securities

On the first day of the week, Nifty remained in the tightening trade range and the level 15,900 was not broken and 15,750 was not threatened. Due to substantial pressure of the rollovers of the longest expiry, the outcome of the FED's meeting which is due on Tuesday would also have a lot of significance. Today, the market has formed an "inside body" formation, which is a sign of indecisiveness and on Tuesday, to show any trending move the market has to break either upward or lower boundary which is at 15,900 and 15,750 levels, respectively. A close below the levels of 15,750 on an hourly basis, the Nifty would fall to 15,650 levels. On the other hand, a close above the 15,900 levels would enable the Nifty to move up to 16,000.

Jul 26, 2021 4:30 PM

Rupee At Close | The Indian rupee ended flat at 74.40 per dollar, amid volatility in the domestic equity market. The local unit opened marginally lower at 74.46 per dollar against Friday’s close of 74.40 and traded in the range of 74.40-74.52.

Jul 26, 2021 4:29 PM

Deepak Jasani, Head of Retail Research, HDFC Securities

Indian benchmark equity indices failed to hold on to the intra day gains on July 26 and broke a two-day winning streak. Q1FY22 results from frontline stocks have failed to excite investors at a time when the other Asian markets are reeling under regulatory pressures and rising Covid cases. Nifty continues to face resistance at 15,900. Although Nifty is showing strength, the weakness in other markets, if it continues, can impact the Nifty and we could see some more downside in coming sessions. 15,899-15,768 could be the trading band for the Nifty in the near term.

Jul 26, 2021 4:27 PM

Ajit Mishra, VP - Research, Religare Broking

Markets traded lacklustre and ended marginally in the red, tracking mixed cues. The beginning was downbeat following negative global cues however the index managed to recoup its losses and traded in a narrow range thereafter. Going forward, the earnings announcement from select Nifty majors combined with global cues will dictate the trend. Meanwhile, we reiterate our view to limit leveraged positions and wait for further clarity.

Jul 26, 2021 4:26 PM

Here are key stocks that moved the most on July 26: Zomato, Yes Bank and more

Nifty PSU Bank, Nifty Auto, Nifty Realty and Nifty Financial Services ended in the red, while gains were seen in metals, pharma, IT, and media indices.

Jul 26, 2021 4:25 PM

Manish Shah, Founder, Niftytriggers.com

Gap resistance in Nifty at 15,880-15,840 is acting as a barrier to further upsides. What we need is a push above 15,950 with a long-ranged candle for Nifty to move higher. With three days to go for expiry, there would be a lot of bets that Nifty may not trade above 16,000-16,100 before the end of July expiry. Moreover, the overnight weakness in the Asian market did not result in a very weak close. Any short term bounce in Asian markets tomorrow could mean that Nifty, being an outperformer among the Asia pack, could see a spurt of buying interest. Which way the markets are likely to go remains an enigma. When in doubt apply the maxim “when in doubt stay out” On the lower side the support is at 15,650. If Nifty drops down to 15,600-15,650 it could be a buying opportunity.

Jul 26, 2021 4:04 PM

Manish Hathiramani, Proprietary Index Trader and Technical Analyst, Deen Dayal Investments

The Nifty has started the week on a tepid note; it continues to remain range-bound with lacklustre volumes. 15,600 is now short term support while 15,400 is good medium-term support. 15,900 is a stiff resistance and we have witnessed severe selling pressure around that level. Until we are not successful in getting past either of the two levels, the markets will continue to vacillate between 15,400 and 15,900.

Jul 26, 2021 4:00 PM

Market At Close | Market breadth neutral; advance-decline ratio at 1:1.

Jul 26, 2021 3:54 PM

Market At Close | Market ends with a minor cut after a range-bound session.

Jul 26, 2021 3:53 PM

Ashis Biswas, Head of Technical Research at CapitalVia Global Research

The market witnessed some lacklustre movement and an attempt to hold the support level around the Nifty 50 Index level of 15,800. The expected levels of the market are likely to be in the range of 15,800 and 15,950, and it is going to be crucial for the short-term market scenario to sustain above the 15,800 Nifty50 Index level. The technical indicator suggests, a volatile movement in the market in a small range.

Jul 26, 2021 3:42 PM

Jul 26, 2021 3:41 PM

Jul 26, 2021 3:41 PM

Market At Close | Here are the highlights of today's market session

- Market Ends With A Minor Cut After A Rangebound Session

- Reliance & HDFC Bank Drag While Infosys & Kotak Bank Support

- Nifty Falls 32 Points To 15,824 & Sensex 120 Points To 52,856

- Nifty Bank Slips 85 Points To 34,950 & Midcap Index 11 Points To 27,574

- SBI Life Top Nifty Gainer After Reporting Earnings In-line With Estimates

- Bajaj Finserv Continues The Gaining Momentum, Rises More Than 2%

- ICICI Bank & ITC End Little Changed Following Better-than-expected Q1

- Navin Fluorine, M&M Fin & Alembic Pharma Slip After A Weak Set Of Earnings

- Apollo Hosp, Max Fin, Sun TV, Dr Lal Amongst Top Midcap Gainers

- Market Breadth Neutral; Advance-Decline Ratio At 1:1

Jul 26, 2021 3:37 PM

Load more