Business EconomyPosted at: Jul 13 2026 7:12PM


Stock markets recover from early losses, IT stocks gain

New Delhi, Jul 13 (UNI) Indian Stock Markets on Monday recovered smartly from early losses to close marginally higher. Gains were recorded in information technology stocks.
At close, the Sensex was up 47.01 points or 0.06 percent at 77,616.40, while the Nifty was up 4.10 points or 0.02 percent at 24,211. Further, Nifty Midcap 100 and Nifty Smallcap 100, ended on flat note.
Among the sectors, Nifty IT surged 3.59%, Nifty Media closed with a healthy gain of 2.09% while Nifty Consumer Durables rose by 1.15%. Further, Nifty Bank, PSU Bank and Private Bank indices ended 0.15%, 0.11%, and 0.25% higher, respectively. On the other hand, Nifty FMCG fell 1%, and Metal pack declined by 0.69%.
Among the top gainers on the Nifty, TCS led the rally with a gain of 5.4%, followed by HCLTech, Tech Mahindra, Infosys and Bajaj Auto. On the losing side, Grasim Industries emerged as the biggest laggard, declining 2%, followed by Tata Steel, Nestle India, InterGlobe Aviation (IndiGo) and Eternal.
Nearly 185 stocks hit their 52-week highs while 78 stocks hit their 52-week lows in intraday trade on the BSE.
Those on the highs were Federal Bank, JSW Infrastructure, FSN E-Commerce Ventures (Nykaa), Oracle Financial Services Software (OFSS), One 97 Communications (Paytm), The Phoenix Mills, and Torrent Pharmaceuticals. On lows were Elitecon International, National Standard (India), and TechNVision Ventures.
Among key IT stocks, TCS jumped 5.4%, Newgen Software Technologies surged 13.3%. Sonata Software, Zensar Technologies, Birlasoft, Tech Mahindra, Infosys, Mphasis, Cyient, eClerx Services, Coforge, Persistent Systems, and Netweb Technologies, rallied between 2.5% and 11%. UNI VK SAS
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Tags: #Stock markets recover from early losses# IT stocks gain
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