First Trade: Indian stock markets open higher amid positive global cues; Nifty crosses 25,100 mark


Indian equity benchmarks opened higher on July 23, tracking positive global cues. The Sensex rose 243.03 points or 0.30% to 82,429.84, while the Nifty climbed 70.60 points or 0.28% to trade at 25,131.50.

However, broader market indices showed a mixed trend after the initial uptick. The Nifty MidCap index edged up 0.06%, while the Nifty SmallCap index slipped marginally by 0.02%. Sectorally, Nifty Realty was under pressure, falling over 1% in early trade.

Market breadth remained slightly positive, with 160 stocks advancing, 71 declining, and 22 remaining unchanged.

Top gainers on the Nifty included Bharti Airtel, Tata Motors, Maruti Suzuki, Shriram Finance, and Jio Financial. Meanwhile, ONGC, Hero MotoCorp, Tata Steel, Tata Consumer, and Cipla were among the notable laggards.

Stocks in focus today: Paytm, Lodha Developers, Oberoi Realty, Kirloskar Ferrous, KEI Industries, JSW Infra, Alpex Solar, and Monika Alcobev.



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