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The Economic Times
Stock Market LIVE Updates: Sensex gains over 50 pts, Nifty above 24,350; auto stocks rally, IT index dips - The Economic Times
Today, the Indian stock market opened marginally higher with the Sensex gaining over 50 points and the Nifty trading above the 24,350 mark. The market observed fluctuations driven by global cues amid a mixture of gains in auto stocks and dips in IT shares. A notable development includes the NSE settling regulatory cases, paving the way for its anticipated IPO, demonstrating resilience in the market amidst ongoing volatility. Investor sentiment remains cautious as traders balance between profit-taking and long-term positioning.
MonitorConfidence: MediumShort term horizon
Published 31 Jul 2026, 06:30 UTC7 min read
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Summary
TL;DR
- Sensex up by over 50 points amidst market volatility.
- Auto stocks rally while IT indices experience a dip.
- NSE settles regulatory cases, paving the way for a mega IPO.
- Silver and gold futures decline on weak demand.
- M&M shares rise significantly post strong quarterly results.
Interesting facts
- The NSE aims to raise over 26,000 crore rupees through its IPO.
- Swiggy shares showed a notable monthly performance despite recent fluctuations.
- Astra Microwave shares rallied by 14% due to a significant order win.