Daily Market Quote: 13 July 2026

The market witnessed an excellent recovery after opening lower on Monday and Nifty closed the day on a flat note. The escalation of West-Asia geo-political conflict has weighed minimal on the Nifty and resulted in recoup of losses for the day.

A long positive candle was formed on the daily chart at the lows, which indicates a buy on dips opportunity in the market. Nifty has been hovering within a high low rage of 23800-24500 levels. Having bounced back from the lows, there is a higher possibility of Nifty reaching towards the upper range of 24500 levels in the short term. Immediate support is placed at 24000 levels.