Stock market today: Indian benchmark indices, the Sensex and Nifty 50, closed in the red on Monday, July 20, mirroring weak global sentiment amid escalating tensions between the United States and Iran.The Sensex fell 443 points, or 0.57%, to settle at 77,708.52, while the Nifty 50 lost 96 points, or 0.39%, ending the session at 24,238.50.
Broader markets outperformed the headline indices.
The Nifty Midcap 100 advanced 0.60%, while the Nifty Smallcap 100 gained 0.16%.However, the market is likely to open lower as trends in the Gift Nifty index signalled a negative start on Tuesday, 21 July.
Gift Nifty was trading near the 24,154 mark, down over 105 points from the previous close of Nifty futures.“Indian equity markets are expected to open on a subdued note as investors remain cautious amid escalating geopolitical tensions in the Middle East, elevated crude oil prices, persistent foreign portfolio investor (FPI) selling, and continued weakness in the Indian rupee.
The combination of external headwinds has reinforced a risk-off mood, limiting investors' appetite for equities,” said Ponmudi R, CEO of Enrich Money.As the market is pointing towards a negative start, some stocks are likely to remain in focus on Tuesday due to their own positive/negative triggers.Stocks to WatchBajaj Auto, Adani Energy Solutions, Indian Hotels Company, TVS Motor Company, JSW Infrastructure, Adani Total GasShares of Bajaj Auto, Adani Energy Solutions, Indian Hotels Company, TVS Motor Company, JSW Infrastructure, Adani Total Gas will....
