AI summary
Nifty fell 0.52% to close at 24,207.75, dragged down by IT and telecom selling, though banking stocks rallied with BankNifty up 0.47%.
RBI bulletin confirms domestic demand remains robust and liquidity conditions have eased, supporting credit growth despite global uncertainties.
FII inflows of ₹1,594 crore and strong rupee recovery to 95.41 signal renewed foreign investor confidence.
Gold surged ₹1,407 per 10g while oil cooled, reflecting a mixed commodity picture on geopolitical and monsoon recovery developments.
Nifty 50
24,208
-0.52%
More details
Open24,342
High24,379
Low24,208
Prev close24,335
52W high26,373
52W low22,183
Sensex
77,473
-0.24%
Bank Nifty
57,784
+0.47%
Sensex
77,473
-0.24%
Bank Nifty
57,784
+0.47%
😊
Mood
Optimistic
63/100 health
BearBull
FII / DII
FII net+Rs 503 Cr
DII net+Rs 6,425 Cr
Net flow+Rs 6,928 Cr
Market stats
Advances14
Declines20
VolumeRs 12,715 Cr
VIX10.56 — Low -- calm
7-session trend
3 green in last 7
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24
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Now
A 63 health score reflects mixed sentiment: while banking outperformance and FII inflows provide support, IT weakness and broader index decline signal caution ahead of potential rate decisions and monsoon-dependent growth.
Gainers
KOTAKBANK+3.76%
AXISBANK+1.62%
JSWSTEEL+1.57%
Losers
BHARTIARTL-2.31%
POWERGRID-2.14%
INFY-2.1%
Show top 10 each
ULTRACEMCO+1.53%
HDFCLIFE+1.15%
SBILIFE+0.75%
INDIGO+0.62%
TATASTEEL+0.57%
ICICIBANK+0.51%
SBIN+0.38%
LT-1.96%
NESTLEIND-1.86%
SHRIRAMFIN-1.84%
TECHM-1.81%
BAJAJ-AUTO-1.7%
BEL-1.54%
NTPC-1.54%
Sectors
IT
-1.47%
Banking
+0.47%
Pharma
+0.23%
Commodities & currency
Gold /10g MCX
Rs 165,005+0.86%
Silver /kg MCX
Rs 241,511-0.25%
USD/INR
95.4-0.33%
Today's events
Nifty closes down 0.52%; Banking index gains 0.47% on liquidity easing
Market close • Index Movement
RBI bulletin highlights resilient domestic demand and recovered monsoon easing agricultural risks
Published • RBI Commentary
FII net inflow of ₹1,594 crore signals renewed foreign investor confidence
Intraday • Capital Flows
Up next
Monsoon impact on FMCG and agricultural demand assessment
— Ongoing
Market participants will continue monitoring monsoon recovery data and West Asia geopolitical risks, which could influence FMCG sector performance and overall economic growth expectations in coming weeks.
Yieldora insight
Banking strength in a selective market—time to lock in fixed returns?
Banking stocks rallied today as RBI's eased liquidity conditions support credit growth, but broader Nifty weakness and IT sector selloff suggest a rotational market. With rupee strengthening and FII inflows stabilizing, this is an opportune moment to consider balancing equity exposure with secure fixed-income instruments—especially if you're nearing a financial goal.
14%
Avg 12m return after similar dips
61%
Times market recovered within 6 months
8.2%
Below 52-week high right now
Based on Nifty 50 data 2010-2024. Past returns don't guarantee future results. Not investment advice.
Read the full 2-minute analysis
Why stocks moved, sector news, top headlines
Expand
Why stocks moved
Top Gainers
KOTAKBANK (+3.76%)
Kotak Bank led the banking rally as RBI's eased liquidity conditions and recovery in credit growth bolster sector fundamentals.
- RBI bulletin signals easier liquidity environment supporting credit expansion
- Banking sector outperformance reflects domestic demand strength highlighted by central bank
AXISBANK (+1.62%)
Axis Bank gained 1.62% in line with broader banking sector strength driven by improved liquidity and credit growth prospects.
- Eased liquidity conditions support lending and deposit growth
- FII inflows of ₹1,594 crore provide capital market support to banking valuations
JSWSTEEL (+1.57%)
JSW Steel advanced 1.57% as robust industrial activity cited in the RBI bulletin signals sustained demand for steel and construction materials.
- RBI noted stronger industrial activity supporting the broader economy
- Monsoon recovery reduces agricultural risks and may boost rural infrastructure spending
Top Losers
BHARTIARTL (-2.31%)
Bharti Airtel declined 2.31% amid broader telecom sector headwinds and profit-booking after recent gains.
- Telecom sector underperformance as investors rotate to banking and capital-intensive infrastructure plays
- Global geopolitical uncertainties and competitive pressures in the telecom space weigh on sentiment
POWERGRID (-2.14%)
Power Grid fell 2.14% as IT and utility sector selling pressure overrides infrastructure investment optimism.
- Broader market selloff in non-banking sectors triggers profit-taking in defensive utility plays
- West Asia risks and monsoon variability may impact project execution and demand outlook
INFY (-2.1%)
Infosys slid 2.1% as IT sector weakness reflects AI deflation concerns and bundled deal strategies dampening margin expectations.
- IT firms turning to bundled deals to counter AI-driven pricing pressure and market competition
- Global tech uncertainties and strong rupee headwinds on IT export revenue margins
Sector news
Gaining Sectors
Banking (+0.47%) Read article
Banking sector gained 0.47% as RBI's eased liquidity conditions and strong domestic demand narrative drive credit growth and lending appetite.
- RBI bulletin emphasizes easier liquidity environment and rebounded foreign capital inflows
- Resilient domestic demand supports both retail and corporate credit expansion
Pharma (+0.23%)
Pharma sector edged up 0.23% on defensive positioning and resilience amid broader market weakness.
- Strong industrial activity and domestic demand support healthcare spending and pharma consumption
- Sector benefits from flight-to-safety amid IT and telecom selloff
Declining Sectors
IT (-1.47%)
IT sector declined 1.47% as competitive pressures from AI deflation and bundled deal strategies weigh on margin expectations.
- IT firms turning to bundled deals to weather AI deflation, signaling pricing and margin compression
- Strong rupee appreciation headwind for IT export revenues and rupee-denominated margins
Top headlines
RBI bulletin: Indian economy shows resilience amid global headwinds Read article
The Reserve Bank of India's latest bulletin confirms that India's economy has remained resilient despite global trade and geopolitical uncertainties, supported by buoyant domestic demand and stronger industrial activity.
- Monsoon recovery has eased risks to the agricultural sector and overall growth outlook
- Liquidity conditions have eased, supporting credit growth, investment, and foreign capital inflows rebounding
RBI net absorbed $561 million in June as inflows picked up Read article
Foreign capital inflows to India have rebounded, with the RBI absorbing net inflows of $561 million in June, signaling renewed confidence in Indian markets.
- Rebound in FII inflows supports rupee strength and market liquidity
- Central bank's forex management reflects sustained foreign investor appetite for Indian assets
Rupee strengthens to 95.41 after oil cools Read article
The Indian rupee strengthened to 95.41 against the dollar as crude oil prices cooled and foreign inflows remained supportive.
- Oil price moderation reduces import costs and current account pressures
- Stronger rupee reflects stable foreign capital flows and improved macroeconomic sentiment
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Data for informational purposes only. Not investment advice. Sources: NSE, BSE, AMFI, MCX. Yieldora.in