Nifty and Sensex Close Higher: Utilities Lead Gains, Jewellery Sector Struggles

1 min read     Updated on 21 Jul 2025, 03:36 PM
scanxBy ScanX News Team
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Overview

Indian stock markets ended positively on July 21, with Nifty 50 and Sensex gaining 0.49% and 0.54% respectively. Utilities sector led gains (+1.34%), while Diamond, Gems and Jewellery sector underperformed (-7.40%). Anthem Biosciences made a strong market debut (+28.36%). Market breadth was slightly negative with 2,415 declines vs 2,089 advances out of 4,504 traded scrips.

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*this image is generated using AI for illustrative purposes only.

Market Wrap: Positive Close for Indian Indices on July 21

The Indian stock markets concluded the trading session on a positive note, with both the NSE Nifty 50 and BSE Sensex posting gains. The market sentiment was generally upbeat, driven by strong performances in select sectors.

Market Overview

The NSE Nifty 50 closed at 25,090.70, up 122.30 points or 0.49% from the previous close of 24,968.40. Similarly, the BSE Sensex ended the day at 82,200.34, registering a gain of 442.61 points or 0.54% from its previous close of 81,757.73.

Sectoral Performance

Top Performing Sectors

  1. Utilities (Avg. Per Change: +1.34%)
  2. Insurance (Avg. Per Change: +0.61%)
  3. Beverages (Avg. Per Change: +0.55%)
  4. Construction (Avg. Per Change: +0.51%)

Underperforming Sectors

  1. Diamond, Gems and Jewellery (Avg. Per Change: -7.40%)
  2. Aviation (Avg. Per Change: -2.45%)
  3. Printing & Stationery (Avg. Per Change: -2.20%)

Buzzing Stocks

  1. Anthem Biosciences: The stock made a strong debut, opening at ₹723.05 and closing at ₹731.65, a premium of 28.36% over its issue price of ₹570.

  2. Control Print: The company reported a decline in Q1 consolidated net profit to ₹86.00 million from ₹117.00 million year-over-year. Despite revenue growth to ₹1.10 billion, the stock closed down 8.86% at ₹792.80.

  3. Dodla Dairy: Despite revenue growth, the company's Q1 net profit and EBITDA declined. The stock ended 7.98% lower at ₹1,334.00.

  4. EPACK Durable: The company announced plans for capital expenditure of ₹4,500.00-5,000.00 million to increase production capacity. However, the stock closed 6.94% down at ₹354.75 following mixed Q1 results.

Market Breadth

The overall market breadth was slightly negative:

Category Number of Scrips
Total Traded 4,504
Advances 2,089
Declines 2,415

Conclusion

The Indian markets closed on a positive note, with the Nifty 50 and Sensex both registering gains. The Utilities sector led the advances, while the Diamond, Gems and Jewellery sector faced significant pressure. Despite the positive close, the market breadth remained slightly tilted towards the negative, indicating a mixed sentiment among investors.

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