Daily Equities Report – 19 Jul 2021

As OPEC+ agreed to raise production limits on certain countries, the oil prices took a hit. The effects of this was seen across markets as panic sell-offs was seen. Benchmark indices in India were not spared either as Sensex and Nifty50 bled 1.1%(587 points) and 1.07%(171 points) respectively. At close, the Sensex was down at 52,553, while the Nifty settled at 15,752.
Adding salt to the wounds were banking and financial stocks as they dragged the market down.
Only Nifty Realty(0.43%) and pharma(0.24%) managed to end the day with marginal gains. Private banks(-2%) and finserv(-1.94%) tanked the most.
In CNX500, CRISIL(12.73%) and BSE(11.5%) gained the most whereas, SOBHA(-5.72%) and JUSTDIAL(-5.1%) were the top losers.
In Nifty50, NTPC(2%) and BPCL(1.56%) were the top gainers while, HDFCBNK(-3.3%) and INDUSINDBK(-2.8%) were the top losers.
CRISIL(27.7x) and TIINDIA(19.4x) gained the most volumes as well as deliverable change.
FIIs continued their sell-off as they sold a net of Rs.2198cr worth of shares whereas, DIIs bought a net of Rs.1047cr worth of shares.