Market Wrap, 21 July 2026: Sensex And Nifty End In Red

Benchmark indices, the Sensex and the Nifty 50, ended the day in the red as continued tensions between the US and Iran impacted investors’ sentiments. Upon close, the:

• Nifty 50 stood at 24,187.70, down 0.21%

• Sensex stood at 77,470.11, down 0.31%

Broader markets, however, bucked the trend and ended the day in the positive territory. The Nifty Midcap 100 index closed 0.30% higher. Also, the Nifty Smallcap 100 index ended 0.53% higher. Sectorally, the Nifty Cement finished on a strong note and ended the day 1.40% higher. However, the Nifty IT ended the day in the red. It finished 0.61% lower.

Nifty 50 Gainers And Losers

The following stocks were the top gainers and losers in the Nifty 50 index today:

Crude Oil Rates Today

Crude oil prices remained elevated amid US and Iran war tensions. At 15:39, Brent oil futures for September 2026 stood at $89.70 per barrel. During the same time, West Texas Intermediate (WTI) futures for September 2026 stood at $83.07 per barrel.

Other Important Headlines

Some of the other major headlines of the day include:

• Inflation in protein-rich foods surged to 5.3% in June, more than double from January.

• Chairman CS Setty said that the State Bank of India has no plans to dilute its stake in SBI Funds Management following its stock market debut.

• The amount mobilised under the FCNR (B) deposit scheme launched by the Reserve Bank of India (RBI) stood at $20.72 billion through 17 July 2026.

Gold And Silver Rates Today

Gold and silver rates traded higher on the Multi-Commodity Exchange (MCX). At 15:41, gold August futures on the MCX stood at ₹1,42,716 per 10 grams, up 0.94%. September silver futures during the same time stood at ₹2,23,441 per kg, up 2.31%.

Traders are likely to remain focused on developments surrounding the US-Iran conflict. Continued and prolonged escalation could keep markets volatile in the upcoming trading session. However, industry experts also feel that robust corporate earnings could help absorb the shocks to some extent.

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