EQUITY MARKET (22nd July 2026)

FII/FPI & DII trading activity on NSE, BSE and MSEI in Capital Market Segment 21^st July 2026

As of 10:46(IST)

NSE ADVANCE/DECLINE: 

As of 10:46(IST)

NIFTY INDEX DAILY REPORT

Market sentiment turned cautious as the Nifty 50 extended its downward trend, amid surging crude oil prices above $91 a barrel amid escalating US-Iran geopolitical friction. The index started off the day at 24,082 and remained under pressure throughout the session, breaking below 24,100 to hit an intraday low around 24,013. Market sectors diverged sharply, heavyweights in banking, IT, and pharmaceuticals dragged the index down, the latter further weighed down by US tariff concerns on generic pharmaceuticals. Conversely, strong Q1 FY27 earnings from companies like Bajaj Auto bolstered the auto and consumer goods sectors, providing a cushion to the index. Ultimately, the wider market stayed hesitant as high energy import costs and weakness in INR restricted gains.

Bank Nifty experienced selling pressure, extending its recent retreat as heavyweights in the sector weighed heavily on the index. Index started the day at 57,835 mark, the banking index faced persistent pressure, breaking below key support levels to hit an intraday low near 56,970 before settling around 57,126, down by 1.23% for the day. The decline was largely driven by continued weakness in private lenders, particularly HDFC Bank, which faced extended pressure following compressed net interest margins in its Q1 FY27 results, alongside profit-booking in public sector peers like State Bank of India. Rising crude oil prices and global macro uncertainty further dampened risk appetite across rate-sensitive financial stocks, although relative resilience in select names like ICICI Bank helped cushion a steeper downside.

Nifty Realty index faced a sell-off to become one of the market’s weakest-performing sectors. Realty sector opened the session at 925.65, but later in the day realty  slid downward to test an intraday low of 899.15, eventually closing near 903, a single-session decline of 2.63%. This sharp pullback was largely driven by macro headwinds, as global crude oil surging past $91 a barrel getting back fresh inflation fears and drove up bond yields. The real estate sector’s sensitivity to interest rates and credit conditions, fears of higher borrowing costs triggered widespread profit-booking across major developers thus weighing heavily on the index.

Nifty IT index continued to trade under pressure, extending its recent slide for the third consecutive trading session as investor sentiment across software and technology services remained subdued. Heavyweight frontrunners, most notably Infosys and Tata Consultancy Services (TCS), dragged the sector lower, extending losses into a third consecutive session amidst fading post-Q1 FY27 results and cautious growth projections.  Nifty IT stayed restricted under resistance near 29,325 amid rising global crude oil prices, and foreign institutional selling capped potential upside. Consequently, the IT benchmark underperformed relative to defensive domestic pockets, maintaining a bearish tilt throughout the trading day.

NIFTY DAILY CHART

The Nifty fell below the mark of 24,000. Though, index rose to the high 24,166, but later succumbed to the geopolitical tension and fell below the mark of 24,000. Thus, if the index fails to rise above the mark of 24,000, it may again fall to the mark of 23,800. Strength in the index can only be witnessed if, index reaches above the mark of 24,100.

POST MARKET BRIEF:

Equity Market Technical Analysis Snapshot: Jul 22^nd, 2026

NIFTY50:

Nifty50 declined by -0.79%, opening at 24150.45 and closing at 23996.25. The index resisted from higher levels and saw a fall, following a slight downtrend throughout the day and eventually closing below the important pivot level of 24000. Technically, the trend is sideways to bearish, as Nifty trades below its 200-DMA, 11-DMA, and 30-DMA, signaling weakness across key moving averages. The RSI has slipped to 48.61, indicating a loss of momentum. Immediate resistance is placed at 24100–24250, while immediate support lies at 23950–23800.

BANKNIFTY:

Bank Nifty dropped by -1.23%, opening at 57768.40 and closing at 57126.80. The index faced resistance from higher levels, witnessing an instant fall right after the opening bell and maintaining a slight downward trajectory through the session. The trend has shifted to sideways to bearish, with the index trading below its 200-DMA, 30-DMA, and 11-DMA. The RSI stands at 48.10, reflecting weakening short-term strength. Immediate resistance is expected around 57550–57850, while support is placed at 56900–56680.

NIFTY MID SELECT:

Nifty Mid Select (Midcap Nifty) fell -1.27%, opening at 14797.15 and closing at 14626.35 due to broader market profit booking. The technical trend stands sideways to bearish, with the index maintaining its ground above the 200-DMA and 30-DMA, though it has fallen below its 11-DMA. The RSI has moderated to 51.49, signaling neutral to cooling upside momentum. Immediate resistance is seen at 14700–14850, while key support is marked at 14520–14400.

NIFTY REALTY:

Nifty Realty tumbled -2.63%, opening at 925.65 and closing weak near the intraday lows at 903.00, making it one of the most impacted sectors of the day. The trend has turned sideways to bearish as the index trades above its 200-DMA and 30-DMA, but remains below its short-term 11-DMA. The RSI sits at 58.15, indicating that while medium-term momentum remains intact, short-term selling pressure is heavy. Immediate resistance is pegged at 925–950, while support is identified at 890–870.

Pivot Table:

FII/FPI & DII trading activity on NSE, BSE and MSEI in Capital Market Segment 22^nd July 2026

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