Indian equity markets begin the day on a cautious note

Indian equity markets have started the day today, 17^th July, on a cautious note. At 10:05 a.m. IST, Nifty 50 is down by 29.40 points or 0.12%. Sensex is down by 79.01 points or 0.096%.

Top gainers & losers

Top gainers at Nifty 50 at this time are Sun Pharma, Hindalco and Apollo Hospitals. Top 3 losers at this time are Tech Mahindra, SBI Life, and Eternal.

Some large caps and midcap stocks are seeing selling pressure at this time. Both Nifty 100 and Nifty 200 indices are down by 0.9% at this time. Nifty Midcap 100 is down by 0.6%.

Among sectoral indices, Nifty Realty index is the top gainer at this time. It is up by 0.59%. Nifty IT index is the top loser at this time. It is down by 0.57%. IT stocks are seeing selling pressure after results of some IT companies fell short of expectations. Metal stocks, consumer durable stocks, pharma & healthcare stocks also seem to be seeing some buying demand at this time.

Market breadth is strongly positive at this time at NSE. 1543 stocks are advancing; 968 stocks are declining.

US President Donald Trump once again said that a deal with India is coming very close.

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Source: NSE