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Stock Market Live Updates: Sensex Nears 82,000, Nifty Trades Flat; Eternal, ICICI, HDFC Lead Gainers

Stock Market Live Updates: As of 2:00 PM, both benchmark indices, the BSE Sensex and NSE Nifty 50 were trading in the green. The Sensex was up by 212.13 points or 0.26%, trading at 81,969.86. Meanwhile, the Nifty 50 index also gained 39.85 points or 0.16%, reaching 25,008.25.

The Nifty and Sensex opened flat on Monday, July 21. Earlier, Gift Nifty had hinted at a positive opening of the Indian stock market today. The Indian stock market continued its range-bound movement last week as the investors continued to navigate the Q1 earning season and the uncertainty around United States Tariffs.

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All eyes will be on Cipla, IRFC, Dixon, etc as these companies will announce their Q1 results today. "Nifty slipped below the 25k mark, ending 143 points lower at 24,968 (-0.6%). This marks the third consecutive week of decline for Indian equity markets, with the Nifty50 losing 2.6% during the period. Broader market too witnessed selling pressure with Nifty Midcap100 and Smallcap100 declining between 0.7-0.8% each. The early trend in Q1 results has been muted, with management commentary reflecting caution amid global uncertainty, which is weighing on market sentiments. Additionally, the prolonged wait for the India-U.S. trade deal ahead of the looming August 1 tariff deadline, is keeping investors on the side lines," stated Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd

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