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IT Fires all its cylinders to take Nifty to ALL TIME HIGH! Post-market Report, 15 July 2021

Good Evening everyone, What an exciting day it was! We launched MPI Invest officially today and we have the Nifty breaking the most famous 15900 mark and sitting at an all-time high today.

The Nifty opened cautiously with a minor gap-up of 8 points and then had a continuous up move lead by the Realty & IT sector till about 1 pm when the FIIs struck! But the buying by the DIIs was so strong that probably FIIs decided to hold their selling.

The DIIs net bought for Rs. 439.41 crores and the FIIs sold for Rs. 264.77 Crores.

But the market was still steady and strong and finally closed over the famous 15900 resistance in a strong manner. I am sure all of you have a field day collecting profits in all our picks in the IT & Realty sector.

On a daily candle, Nifty looks bullish and seems like we have more to achieve. If only Reliance could support the markets well, we could reach 16000 soon. HDFC bank also rallied as its results are coming on Saturday.

Sector Watch:

As discussed earlier, Realty & IT lead the day by huge margin and finally broke the 15900 mark. But profit booking was seen in Energy, Auto & Media sectors.

Top Gainer:

Without a doubt, the top gainer for the day was our favorite HCL scrip which rallied up by 5% today to close at 1039, followed by LT, Wipro & TechM. Steel stocks were also seen in the top gainer's list today. Also surprising was the fact that we could see ITC in the top gainers list for the 2nd consecutive day.

Top Losers:

As the Energy sector was in the top losers section, we could see ONGC moving downwards along with Eicher motors & Bharti Airtel in the section. But they are all getting ready to fire up in the coming weeks.

That's it for now team, lets catch up tomorrow on the Pre market report. Good Night.

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