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Daily_Equity_Technical_16.07.2026

Published on 16th July 2026
Technology

It was another lackluster trading session for NIFTY, as buyers once again failed to sustain the early gains. The index began the session on a slightly positive note, with buyers initially exhibiting resilience and pushing prices close to the week's highs. However, a sudden bout of profit booking around mid-day erased the early gains, dragging the index below its morning lows. A modest recovery in the final hour helped NIFTY trim some of the losses, with the index eventually settling at the 24078 mark, up a marginal 0.11%.

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