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The Dow Jones Industrial Average rose 49.14 points, or 0.14%, at the open to 35,274.32.

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Rekha Jhunjhunwala, the wife of deceased investor Rakesh Jhunjhunwala, has sold a further 6.2586% holding in Rallis India this week, taking her shares in the firm to 2.278% of all outstanding shares. Between July 2013 and July 20th of the current year, Jhunjunwala has sold over 37 million shares

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Oil prices rose on Friday as evidence of tightening supplies and economic stimulus in slow-recovering China buoyed the market. Brent futures were up $1.02 at $80.66 a barrel, while US West Texas Intermediate crude climbed $1 to $76.65 a barrel. Commerzbank analysts said the "supply deficit that had been looming in the second half

Net interest income may zoom 35% YoY to Rs 6,337 crore, observe analysts. The private sector lender is set to report its first quarter earnings on Saturday

Now, it has to hold above 19700 zones to extend the move towards 19900 then 20000 zones, while on the downside, support is placed at 19650 and 19550 zones, said Chandan Taparia of Motilal Oswal.

​Herein this implies that the bearish reversal has occurred and one should sell when the price moves below 80 from the overbought zone. Primarily, this indicates that the price has become bearish and moving forward to the oversold territory.​

Several prominent companies, including ICICI Bank, L&T, Sun Pharma, ITC, JSW Steel, ICICI Lombard General Insurance, and United Spirits, reached new 52-week highs in the BSE large cap stocks on July 21. The data was sourced from BSE at 2 pm, and the updates from the real-time data could come with a lag. The mentioned companies showcased their strong market positions and resilience, with ICICI Bank reaching a new 52-week high of Rs. 1,001.20 and L&T touching a new 52-week high of Rs. 2,592.55.

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​​Revenue from operations during the quarter, however, fell by a marginal 1% to Rs 1,423 crore in the June quarter. The same stood at Rs 1,441 crore a year ago.

Stock market update: Nifty Bank index falls 0.24%

Updated at : 2023-07-21 18:20:02

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The Nifty Bank index closed 0.24 per cent down at 46075.2.

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