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Market: Sensex slips 561 pts, Nifty below 24,055 amid weak global cues

The domestic share market ended lower on Tuesday,weighed down by a rise in crude oil prices following escalating geopolitical tensions in the Middle East and weak global market cues.At close, the Sensex was down 561.46 points or 0.72 percent at 77,054.94, and the Nifty was down 158.95 points or 0.66 percent at 24,052.05.
Bharti Airtel, Apollo Hospitals, Sun Pharma, TCS and Dr Reddy's Laboratories were the top gainers on the Nifty, while losers included,HCL Technologies, Shriram Finance, HDFC Life, Tata Motors and Interglobe Aviation.On the sectoral front,Sectoral performance remained largely weak, with Nifty Realty emerging as the biggest loser, falling 2%, followed by Nifty PSU Bank , Nifty Auto , Nifty Bank and Nifty IT.Nifty Pharma outperformed with a 1% gain, followed by Nifty Metal, which advanced 0.60%, according to agency reports.The broader market also remained under pressure, with the Nifty Midcap 100 index declining 0.4% and the Nifty Smallcap 100 index falling 1%.
Rupee Close:
On 14 Jul'26,the Indian rupee depreciated 62 paise to close at 96.30 (provisional) against the U.S. dollar on Tuesday, amid a surge in crude oil prices and renewed geopolitical concerns.Forex traders said the rupee came under pressure due to a combination of factors - crude oil prices climbed on renewed geopolitical tensions, while demand for the U.S. dollar increased as investors moved toward safe-haven assets.
Trading Guide:
Market experts recommended five  shares to buy on Tuesday: Welspun Living, PCBL Chemical, Tarsons Products, Saregama India, and Neogen Chemicals.

(Business Correspondent)


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