Archive · 19 Jul 2026
Indian Stock Market Rallies on July 17
The Indian stock market had a good day on July 17, with big companies like Reliance Industries and banks helping the market go up.
The Sensex and Nifty 50, which are like scoreboards for the market, closed higher.
An expert named Ganesh Dongre said the market is still strong but needs to go above 24,400 to keep going up.
He also suggested buying three stocks: Wipro, Kotak Mahindra Bank, and Bharat Electronics.
He gave specific prices to buy, sell if it goes too low, and the target prices to sell for a profit.
Indian equity benchmarks ended higher on July 17, driven by gains in Reliance Industries and private banks.
Sensex surged 965 points to close at 78,151.45, while Nifty 50 climbed 262 points to 24,334.30.
Ganesh Dongre noted the market remains constructive but needs a decisive close above 24,400 for a bullish trend.
Dongre recommended buying Wipro, Kotak Mahindra Bank, and Bharat Electronics for short-term gains.
Bank Nifty remained range-bound but rebounded sharply on July 17, closing above 58,000.
- Who
- Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi
- What
- Market analysis and stock recommendations
- When
- July 17, 2024
- Where
- Indian stock market
- Why
- To provide market outlook and investment advice
- Sensex Closing
- 78,151.45
- Nifty 50 Closing
- 24,334.30
- Nifty 50 Weekly Gain
- 0.53%
- Nifty 50 Support Level
- 23,800
- Nifty 50 Resistance Level
- 24,400–24,500
- Bank Nifty Support Level
- 56,000
- Bank Nifty Resistance Level
- 59,000
- Wipro Buy Price
- ₹172-175
- Wipro Target Price
- ₹192
- Wipro Stop Loss
- ₹163
- Kotak Mahindra Bank Buy Price
- ₹385-390
- Kotak Mahindra Bank Target Price
- ₹405
- Kotak Mahindra Bank Stop Loss
- ₹375
- Bharat Electronics Buy Price
- ₹408-412
- Bharat Electronics Target Price
- ₹430
- Bharat Electronics Stop Loss
- ₹400
Sources
Stocks to buy under ₹200: Mehul Kothari of Anand Rathi recommends three shares to buy or sell
Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday - 20 July 2026
Buy or sell: Ganesh Dongre of Anand Rathi recommends 3 stocks to buy on Monday - 20 July 2026
Stocks under ₹100: Sumeet Bagadia recommends three shares to buy on Monday - 20 July 2026