homephotos Newsmarket NewsWake Up Call: Nifty 50's momentum towards 20,000 remains intact despite gains in 12 out of last 14 sessions

Wake Up Call: Nifty 50's momentum towards 20,000 remains intact despite gains in 12 out of last 14 sessions

SUMMARY

The market momentum in intact and the uptrend continues. The Nifty 50 is now just 250 points away from the 20,000-mark. These are the five things you need to know before we begn the day today:

Profile image

By Sonia Shenoy  Jul 19, 2023 7:16:45 AM IST (Published)

Listen to the Article(6 Minutes)
1 Min Read
wake up call, 5 things before opening bell, wall street, asian equities, global markets, FIIs, DIIs, investors, domestic investors, foreign investors, microsoft ai, microsoft stock, mircosoft shares, earnings, HUL, Infosys, Reliance Industries, RIL, ICICI Bank, wall street, asian stocks, nifty50, nifty, indian stock market, before market opens,
Image count1 / 5

Very strong global cues overnight. Dow Jones ended 366 points up, posting its seventh-straight day of gains, which is its longest winning streak since 2021.

wake up call, 5 things before opening bell, wall street, asian equities, global markets, FIIs, DIIs, investors, domestic investors, foreign investors, microsoft ai, microsoft stock, mircosoft shares, earnings, HUL, Infosys, Reliance Industries, RIL, ICICI Bank, wall street, asian stocks, nifty50, nifty, indian stock market, before market opens,
Image count2 / 5

The second quarter earnings in the US are off to a great start. Of the 38 companies in the S&P 500 that have reported results, 82 percent have exceeded expectations. Microsoft shares rallied to an all-time high after the company announced the pricing for its new AI subscription service.

wake up call, 5 things before opening bell, wall street, asian equities, global markets, FIIs, DIIs, investors, domestic investors, foreign investors, microsoft ai, microsoft stock, mircosoft shares, earnings, HUL, Infosys, Reliance Industries, RIL, ICICI Bank, wall street, asian stocks, nifty50, nifty, indian stock market, before market opens,
Image count3 / 5

We saw large foreign buying in cash market yesterday, Foreign institutional investors (FIIs) bought over Rs 2,115 crore in cash yesterday. Also, FIIs have bought over Rs 15,000 crore in cash this month, so far.

wake up call, 5 things before opening bell, wall street, asian equities, global markets, FIIs, DIIs, investors, domestic investors, foreign investors, microsoft ai, microsoft stock, mircosoft shares, earnings, HUL, Infosys, Reliance Industries, RIL, ICICI Bank, wall street, asian stocks, nifty50, nifty, indian stock market, before market opens,
Image count4 / 5

In stock specific action, IndusInd Bank reported a very strong set of earnings. 
It reported NII growth of 18 percent, 21 percent loan growth and Net interest margin came in at an eight-year high, 

wake up call, 5 things before opening bell, wall street, asian equities, global markets, FIIs, DIIs, investors, domestic investors, foreign investors, microsoft ai, microsoft stock, mircosoft shares, earnings, HUL, Infosys, Reliance Industries, RIL, ICICI Bank, wall street, asian stocks, nifty50, nifty, indian stock market, before market opens,
Image count5 / 5

The big earnings this week include HUL, Infosys on Thursday, July 20, Reliance Industries on Friday, July 21 and ICICI Bank on Saturday, July 22.

Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
arrow down

Most Read

Share Market Live

View All
Top GainersTop Losers
CurrencyCommodities
CurrencyPriceChange%Change