Market Update

Market Update: 22 July 2022

Indian shares rose for a sixth straight session on Friday and were set for their best week since mid-March, boosted by gains in banking and auto stocks on the back of strong earnings expectations.

Over the short term, the Nifty may witness a consolidation. On the lower end, support is visible at 16500; while resistance is likely to be there at 16750-16800.

NIFTY 5016719+114
NIFTY Midcap 100290480.00
NIFTY Smallcap 1009129+0.37%
NITY Bank36739+1.49%
NIFTY Auto12634+0.42%
NIFTY IT28168-0.62%
NIFTY Metal5094+0.08%
NIFTY Pharma12618-0.27%
USD / INR79.85

“In the pursuit of more we overlook the fullness and completeness that are already within us waiting to be discovered.” – From the book: The Soul of Money

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