Sensex, Nifty 50 End Flat – 10 Key Takeaways from the Indian Stock Market (July 22)

The Indian stock market witnessed a subdued trading session on Tuesday, July 22, ending flat with a negative bias amid weak global sentiment and lackluster earnings. Investors appeared cautious, with the market lacking strong directional cues ahead of the upcoming India-US trade deal deadline on August 1.

Market Summary

• The BSE Sensex dipped marginally by 14 points to close at 82,186.81


• The NSE Nifty 50 slipped by 30 points, or 0.12%, settling at 25,060.90

Broader markets underperformed the benchmarks, with the BSE Midcap index falling 0.62% and the Smallcap index declining 0.17%.

1. Why Did the Markets End Flat?

Despite gains in select heavyweights such as Eternal, ICICI Bank, and HDFC Bank, they were countered by losses in large-cap stocks like Reliance Industries, Larsen & Toubro, ITC, and SBI. The market is witnessing stock-specific movements driven by mixed corporate earnings and concerns around high valuations.

Vinod Nair, Head of Research at Geojit Financial Services, noted that investor focus is on Q1 earnings and the upcoming US-India trade agreement. He added that consistent FIIs’ profit booking is exerting pressure, while steady DII inflows may support a range-bound movement until clarity emerges.

2. Top Gainers on the Sensex

• Eternal surged 10.56%


• Titan gained 1.08%


• BEL rose 0.72%

3. Top Losers on the Sensex

• Tata Motors declined 2.04%


• Adani Ports dropped 1.93%


• SBI fell 1.12%

4. Sectoral Performance

Most sectors ended in the red:

• BSE Realty fell 1%


• BSE Telecom and Auto dropped nearly 1% each


• On NSE, the Nifty Bank index declined 0.35%, while the PSU Bank index fell 1.57%

5. Most Active Stocks by Volume (NSE)

• Vodafone Idea – 22.83 crore shares


• YES Bank – 12.67 crore shares


• Jaiprakash Power Ventures – 12.56 crore shares

6. Stocks That Surged Over 10% on BSE

Despite market weakness, a few stocks defied the trend:

• Agi Greenpac


• Tilaknagar Industries


• Eternal

These stocks posted gains of over 10% during the session.

7. Stocks That Crashed Over 10% on BSE

• Vandan Foods


• Radhe Developers India


• Gujarat Intrux


• Kirloskar Pneumatic Company

These stocks saw sharp declines of over 10%.

8. Advance-Decline Ratio on BSE

Out of 4,198 traded stocks:

• 1,790 advanced


• 2,231 declined


• 177 remained unchanged

This reflects a negative market breadth.

9. 52-Week Highs and Lows

52-Week Highs (Intraday):

• Eternal


• ICICI Bank


• Shree Cement


• UPL
  (Among 150 stocks that hit fresh highs)

52-Week Lows (Intraday):

• Tejas Networks


• Raymond Realty


• Smartworks Coworking Spaces
  (Among 33 stocks that hit new lows)

10. Nifty Technical Outlook

Shrikant Chouhan, Head of Equity Research at Kotak Securities, stated that the current market trend remains non-directional. He advised traders to follow a level-based strategy:

• Support Zone: 25,000 (50-day Simple Moving Average)


• Resistance Levels: 25,200–25,325 (20-day SMA)

A sustained move above 25,000 could trigger a pullback, but if breached, Nifty might fall to 24,900, with further downside potentially reaching 24,775, he added.