Market Wrap, July 15: NIFTY50 ends above 25,200 level, Sensex jumps 317 points; auto stocks rally, Hero MotoCorp top contributor

Snapping its four-days of losing streak, the Indian stock market settled with gains on Tuesday, July 15, as investors remained hopeful after the Indian commerce ministry team reached Washington for another round of talks with the US on the proposed bilateral trade agreement.

India's retail inflation eased to 2.10% in June, the lowest year-on-year rise in consumer prices since January 2019, which also boosted the market sentiment.

The broader market, however, outperformed the main equity benchmark indices, and all the sectors settled with gains.

According to exchange data, on Monday, the foreign institutional investors (FIIs) sold equities worth ₹1,614 crore on a net basis, while the domestic institutional investors (DIIs) purchased ₹1,787.68 crore worth of equities.

On the global front, the indices on Wall Street ended marginally higher on Monday following US President Donald Trump's latest tariff threats and ahead of its earnings season.

The Dow Jones Industrial Average gained 88.14 points, or 0.20%, to end at 44,459.65; the S&P 500 rose 8.81 points, or 0.14%, to close at 6,268.56; and the Nasdaq Composite advanced 54.80 points, or 0.27%, to settle at 20,640.33.

Following the US market, most of the Asian stocks closed in green on Tuesday as traders brushed aside Trump's latest tariff threats as bargaining tactics are unlikely to derail global trade.

Except for the Shanghai Composite (-0.42%), all the other indices settled positive.

Japan’s Nikkei 225 ended 0.55% up at the 39,678.02 level, while South Korea’s Kospi index rose 0.41% to settle at 3,215.28, and Hong Kong’s Hang Seng also ended at 24,590.12, surging 1.57%.

As many as 3,014 stocks traded on the NSE on Tuesday. Out of this, 1,966 advanced and 962 declined, while 86 scrips remained unchanged.

This, however, indicates that the market breadth favoured advances.

A total of 85 stocks hit their 52-week highs, while 21 stocks touched their one-year lows. Besides, 96 stocks hit their upper circuit limits, and 47 touched their lower circuit bands on Tuesday.

NSE-listed firms' market capitalisation stood at ₹458.08 lakh crore.

The volatility index India VIX slumped 4.17% to 11.48 levels.

Both the NIFTY Midcap 100 and NIFTY Smallcap 100 gauges rose 0.95% each to close at 59,612.65 and 19,135.25 levels.

Nifty Auto was the highest-rising sector, climbing 1.5%, followed by Nifty Pharma (1.14%), Nifty Consumer Durables (0.88%), Nifty PSU Bank (0.87%), and Nifty FMCG (0.72%).

Hero MotoCorp was the most contributing stock, soaring 4.95% as the company’s chairman, Pawan Munjal, said it is accelerating global expansion and plans to extend its presence into Germany, France, Spain, and the UK in the second quarter of 2025-26.

Bajaj Auto (2.81%), Sun Pharma (2.76%), Shriram Finance (2.5%), and Apollo Hospitals (1.8%) were the other top gainers.

On the other side, HCL Technologies (-3.26%), SBI Life Insurance (-1.5%), Eternal (-1.37%), HDFC Life Insurance (-0.90%), and Tata Steel (-0.71%) were the top losers on Tuesday.