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Market traded flat amid volatility,IT stocks outperform

The domestic share market ended in green in a volatile session on Monday, followed by gains in information technology stocks.At close, the Sensex was up 47.01 points or 0.06 percent at 77,616.40, and the Nifty was up 4.10 points or 0.02 percent at 24,211.
TCS, HCLTech, Tech Mahindra, Infosys and Bajaj Auto were the top gainers on the Nifty, while losers included Grasim Industries Tata Steel, Nestle India, InterGlobe Aviation (IndiGo) and Eternal.On the sectoral front, Nifty IT emerged as the top performer, rallying 3.6%, followed by Nifty Media, which gained 2%, and Nifty Consumer Durables, Nifty Auto rose Nifty Private Bank.While, Nifty FMCG was the worst-performing sector, falling 1%, followed by Nifty Metal, Nifty Infra, according to agency reports.The broader markets, Nifty Midcap 100 and Nifty Smallcap 100, ended on flat note.
Rupee Close:
On 13 July'26, the Indian rupee depreciated 27 paise to close at 95.65 (provisional) against the US dollar on Monday, weighed down by elevated crude oil prices after Iran declared the Strait of Hormuz closed.Forex traders said renewed drone and missile strikes between the US and Iran prompted supply concerns, while elevated crude oil prices and a strong greenback triggered capital outflows.
Trading Guide:
Market experts recommended five shares to buy on Monday,: Rajratan Global Wire, Jindal Poly Films, Datamatics Global Services, Chennai Petroleum Corporation, and Godrej Properties.

(Business Correspondent)


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