The market momentum is intact as we hit record highs for the second day. Nifty is now 289 points away from the 20,000 milestone. Nifty IT hit its 52-week high on Monday and was up for the third day
Flows have thin out as foreign institutional investors (FIIs) bought Rs 73 crore in cash while domestic institutional investors bought Rs 64 crore in cash markets on Monday.
We wake up to positive global cues this morning, Dow Jones rose for the sixth-straight day and witnessed the highest close of the year.
It's an Imp week of results in the US with Netflix, Tesla, Morgan Stanley set to report their numbers. All eyes are on June retail sales in the US to get a sense of consumer health.
In the Indian markets , we have some important results to watch today such as IndusInd Bank, Polycab, ICICI Prudential Life Insurance Company, L&T Tech. The big earnings this week include HUL, Infosys on Thursday, July 20, Reliance Industries on Friday, July 21 and ICICI Bank on Saturday, July 22.