MARKET WRAP | MONDAY, 13 JULY 2026 · CLOSING BELL
NIFTY 50
24,211.00
▲ +4.10 (+0.02%)
SENSEX
77,616.40
▲ +47.01 (+0.06%)
BANK NIFTY
~56,560
▼ -240 (-0.42%)
INDIA VIX
~13.75
▲ +6.92% (fear rises)
RUPEE / USD
~95.65
▼ -0.43 (weakens)
BRENT CRUDE
~$76.80
▲ +1.84% (bounces)
📌 STORY 01 · IT RALLY SAVES THE DAY AMID GEOPOLITICAL TENSIONS
🔻 Monday's Session: Nifty holds 24,200; Sensex edges up 47 points
Indian equity benchmarks managed to extend their winning streak to the third consecutive session on Monday, with the Nifty holding above the 24,200 mark and the Sensex edging up over 47 points, as a sharp rally in IT stocks helped the benchmarks recover from steep intraday losses .
The Nifty 50 settled at 24,211.00, gaining 4.10 points, or 0.02%, while the Sensex advanced 47.01 points, or 0.06%, to close at 77,616.40 .
The markets opened sharply lower amid escalating US-Iran tensions and a spike in crude oil prices, with the Nifty slipping below the 24,000 mark . However, sustained buying in heavyweight IT stocks, led by TCS (up 5.4%) and HCLTech (up 5%) following the start of the earnings season, helped the indices erase all losses and end marginally higher .
🔵 Key Driver: US-Iran ceasefire ended after President Donald Trump declared it was "over," raising concerns over further escalation in the region and global energy supplies . Brent crude surged nearly 2% to around $76.80 per barrel . However, IT stocks led the recovery after TCS reported in-line Q1 results and announced a ₹12 dividend, boosting investor confidence in the sector .
✅ Selective strength: The Nifty IT index was the top gainer, surging nearly 2.5% . TCS gained 5.4%, HCLTech rose 5%, and Infosys advanced 2.5% . Power Grid also gained over 3% .
The Nifty 50 settled at 24,211.00, gaining 4.10 points, or 0.02%, while the Sensex advanced 47.01 points, or 0.06%, to close at 77,616.40 .
The markets opened sharply lower amid escalating US-Iran tensions and a spike in crude oil prices, with the Nifty slipping below the 24,000 mark . However, sustained buying in heavyweight IT stocks, led by TCS (up 5.4%) and HCLTech (up 5%) following the start of the earnings season, helped the indices erase all losses and end marginally higher .
🔵 Key Driver: US-Iran ceasefire ended after President Donald Trump declared it was "over," raising concerns over further escalation in the region and global energy supplies . Brent crude surged nearly 2% to around $76.80 per barrel . However, IT stocks led the recovery after TCS reported in-line Q1 results and announced a ₹12 dividend, boosting investor confidence in the sector .
✅ Selective strength: The Nifty IT index was the top gainer, surging nearly 2.5% . TCS gained 5.4%, HCLTech rose 5%, and Infosys advanced 2.5% . Power Grid also gained over 3% .
📈 STORY 02 · NIFTY IT SURGES 2.5% ON EARNINGS OPTIMISM
The Nifty IT index surged nearly 2.5% on Monday, emerging as the top sectoral gainer, as TCS reported in-line Q1 results and declared a ₹12 dividend, boosting investor confidence in the sector .
TCS gained 5.4%, HCLTech rose 5%, and Infosys advanced 2.5% . The rally was aided by a global rebound in enterprise software stocks and easing concerns over AI-led disruption .
⚠️ Outlook: The IT sector's recovery is gaining momentum with the start of the earnings season. Analysts remain cautiously optimistic, with valuations still elevated but earnings visibility improving .
TCS gained 5.4%, HCLTech rose 5%, and Infosys advanced 2.5% . The rally was aided by a global rebound in enterprise software stocks and easing concerns over AI-led disruption .
⚠️ Outlook: The IT sector's recovery is gaining momentum with the start of the earnings season. Analysts remain cautiously optimistic, with valuations still elevated but earnings visibility improving .
🇮🇳 STORY 03 · RUPEE WEAKENS TO 95.65 ON OIL SPIKE, DOLLAR STRENGTH
The rupee weakened 43 paise to close at 95.65 (provisional) against the US dollar on Monday, weighed down by a sharp surge in crude oil prices and a strong dollar index .
The partially convertible rupee was hovering at 95.65 compared with its previous close of 95.22 . A strong dollar index and importer demand continued to weigh on the currency .
The India VIX surged 6.92% to 13.75, reflecting heightened market volatility and investor risk aversion amid geopolitical uncertainty .
The partially convertible rupee was hovering at 95.65 compared with its previous close of 95.22 . A strong dollar index and importer demand continued to weigh on the currency .
The India VIX surged 6.92% to 13.75, reflecting heightened market volatility and investor risk aversion amid geopolitical uncertainty .
🔥 SECTOR PERFORMANCE · 13 JULY 2026
▲ NIFTY IT+2.5% (top gainer)
▲ NIFTY PHARMAPositive
▲ NIFTY METALPositive
▼ NIFTY BANK-0.42% (top loser)
▼ NIFTY PSU BANKUnder pressure
▼ NIFTY REALTYDeclined
▼ NIFTY AUTODeclined
Source:
📈 NOTABLE STOCK MOVERS · 13 JULY 2026
TCS▲ +5.4% (Q1 results)
HCLTECH▲ +5.0%
POWER GRID▲ +3.0%
INFOSYS▲ +2.5%
WIPRO▲ +1.8%
HDFC BANK▼ -1.0%
ICICI BANK▼ -0.8%
RELIANCE▼ -0.5%
Source:
💰 FII / DII FLOWS (10 JULY 2026 — PROVISIONAL)
🏦 FPIs (Cash market)▲ +265 Cr
🏛️ DIIs (Cash market)▼ Data awaited
FIIs continued their buying spree, purchasing equities worth ₹265 crore on Friday .
🌐 GLOBAL CUES & GEOPOLITICS
🕊️ US‑Iran tensionsCeasefire ends; Trump declares it "over"
🛢️ Brent crude$76.80 ▲ +1.84%
🇺🇸 Dollar Index101.26
🏦 RBI policyRepo 5.25%; GDP cut to 6.6%
Source:
📐 TECHNICAL PICTURE · AFTER 13 JULY CLOSE
🔴 NIFTY RESISTANCE24,350 → 24,450 → 24,550
🟢 NIFTY SUPPORT24,000 → 23,900 → 23,800
⚡ BANK NIFTY RES57,000 → 57,500
📉 BANK NIFTY SUP56,000 → 55,500
🇮🇳 RUPEE RANGE95.00 / 96.00
🛢️ BRENT$76 support | $80 resistance
📊 INDIA VIX surged 6.92% to close near 13.75, reflecting heightened market volatility and hedging demand amid geopolitical uncertainty .
📡 RADAR: WHAT TO WATCH · 14 – 17 JULY 2026
HIGH 🕊️ US-Iran ceasefire developments – escalation risk
HIGH 🛢️ Crude oil price movement – sustained levels above $76
HIGH 📊 Q1FY27 earnings season – HCLTech, Wipro, Infosys results
HIGH 📈 IT sector recovery – momentum sustainability
MEDIUM 🌧️ Monsoon progress – 43% deficient; critical for rural sentiment
HIGH 🛢️ Crude oil price movement – sustained levels above $76
HIGH 📊 Q1FY27 earnings season – HCLTech, Wipro, Infosys results
HIGH 📈 IT sector recovery – momentum sustainability
MEDIUM 🌧️ Monsoon progress – 43% deficient; critical for rural sentiment
📌 BOTTOM LINE · MONDAY, 13 JULY 2026 — "IT RALLY SAVES THE DAY"
Indian equity benchmarks managed to extend their winning streak to the third consecutive session, with the Nifty holding above the 24,200 mark and the Sensex edging up over 47 points, as a sharp rally in IT stocks helped the benchmarks recover from steep intraday losses .
✅ Positives: IT stocks led the rally, with the Nifty IT index surging nearly 2.5% . TCS gained 5.4%, HCLTech rose 5%, and Infosys advanced 2.5% . Power Grid also gained over 3% . FIIs continued their buying spree, purchasing equities worth ₹265 crore .
⚠️ Negatives: The Nifty Bank index dropped 0.42%, underperforming the broader market . The India VIX surged 6.92% to 13.75, reflecting heightened volatility . Brent crude rose 1.84% to $76.80 per barrel on geopolitical tensions . The rupee weakened sharply by 43 paise to 95.65 . Banking, realty, and auto stocks ended in the red .
🎯 What's next: The Nifty closed Monday at 24,211.00. Immediate support stands at 24,000, with resistance at 24,350. All eyes are on the US-Iran ceasefire developments and the Q1FY27 earnings season, with HCLTech, Wipro, and Infosys results due this week . Investors should focus on IT and pharma sectors for resilience .
✅ Positives: IT stocks led the rally, with the Nifty IT index surging nearly 2.5% . TCS gained 5.4%, HCLTech rose 5%, and Infosys advanced 2.5% . Power Grid also gained over 3% . FIIs continued their buying spree, purchasing equities worth ₹265 crore .
⚠️ Negatives: The Nifty Bank index dropped 0.42%, underperforming the broader market . The India VIX surged 6.92% to 13.75, reflecting heightened volatility . Brent crude rose 1.84% to $76.80 per barrel on geopolitical tensions . The rupee weakened sharply by 43 paise to 95.65 . Banking, realty, and auto stocks ended in the red .
🎯 What's next: The Nifty closed Monday at 24,211.00. Immediate support stands at 24,000, with resistance at 24,350. All eyes are on the US-Iran ceasefire developments and the Q1FY27 earnings season, with HCLTech, Wipro, and Infosys results due this week . Investors should focus on IT and pharma sectors for resilience .
⚠️ SEBI REGULATORY DISCLAIMER — EDUCATIONAL & INFORMATIONAL ONLY
This publication is solely for informational and educational use. It does NOT constitute investment advice, a research report, or a solicitation to buy/sell securities. The author/publisher is NOT a SEBI-registered Research Analyst. All data sourced from publicly available exchange filings, NSE/BSE official websites, and brokerage updates as of 13 July 2026 (provisional).
Investments in securities are subject to market risks. Past performance is not indicative of future results. Readers are strongly advised to consult a SEBI-registered investment adviser before making any financial decisions.
📞 SEBI SCORES Helpline: 1800 266 7575 | sebi.gov.in
✍️ Written by Rupie Times | 13 July 2026 — Market Wrap: Nifty @ 24,211.00, Sensex @ 77,616.40, Rupee @ ~95.65
This publication is solely for informational and educational use. It does NOT constitute investment advice, a research report, or a solicitation to buy/sell securities. The author/publisher is NOT a SEBI-registered Research Analyst. All data sourced from publicly available exchange filings, NSE/BSE official websites, and brokerage updates as of 13 July 2026 (provisional).
Investments in securities are subject to market risks. Past performance is not indicative of future results. Readers are strongly advised to consult a SEBI-registered investment adviser before making any financial decisions.
📞 SEBI SCORES Helpline: 1800 266 7575 | sebi.gov.in
✍️ Written by Rupie Times | 13 July 2026 — Market Wrap: Nifty @ 24,211.00, Sensex @ 77,616.40, Rupee @ ~95.65
