NSE Market Pulse — Thursday, 23 July 2026: Sector Trends, Top Performers & Macro Outlook
Weekly market pulse for Thursday, 23 July 2026: sector rotation analysis, top/bottom performing NSE sectors, commodity trends (Gold, Crude, Silver), and currency moves — AI-curated by QUANTSCASE.
Auto-generated — This post was published automatically from QUANTSCASE screener data and updates 3× daily on weekdays. For informational purposes only — not investment advice.
🤖 AI Market Analysis
Indian equity markets ended the week on a subdued note, with the NIFTY 50 slipping 0.84% and the Sensex down 1.03% over the past five sessions. Despite this weekly weakness, both indices have managed marginal gains of around 0.2% over the past month, indicating a consolidation phase. The broader global backdrop remains cautious, as the ACWI fell 1.68% weekly and the VIX spiked 19.01%, signaling heightened risk aversion. Notably, the KOSPI’s brutal 25.42% monthly crash and the Nikkei’s 8.62% decline highlight severe stress in Asian markets, though India’s relative resilience suggests domestic flows are providing a buffer.
Sector rotation this week has been stark, with Real Estate emerging as the standout leader. Four real estate sub-sectors posted weekly gains ranging from 9.05% to 12.51%, with one even showing a stellar 19.51% three-month return. Financial Services also showed strength, rising 8.98% on the week. On the lagging side, Technology managed only a 6.13% weekly gain, while Industrials and another Real Estate sub-sector trailed at 6.09% and 6.02%, respectively. The top sub-sector performers were Utilities - Regulated Water, surging 36.24% weekly, and Grocery Stores, which gained over 22%, pointing to defensive and infrastructure plays gaining traction amid global uncertainty.
Commodities are flashing critical signals for NSE sectors. Crude Oil WTI skyrocketed 16.90% weekly and 26.06% monthly, while Brent rose 3.23% and 12.80%. This energy spike will pressure margins for oil-dependent sectors like aviation, paints, and logistics, but benefits upstream oil & gas names. Gold inched up 1.73% weekly but is down 1.83% monthly, offering limited safe-haven comfort. Meanwhile, the USD/INR inched up 0.07% weekly and 1.45% monthly, indicating mild rupee depreciation that could support export-oriented IT and pharma stocks. The US Dollar Index rose 0.75% weekly, adding to emerging market headwinds.
Looking ahead, next week will be dominated by global risk sentiment after the VIX’s sharp jump. Investors should watch for any escalation in the KOSPI-led Asian selloff and crude’s continued rally, which could trigger sector-wide cost pressures. The resilience of Indian indices near flat monthly returns suggests a tug-of-war between foreign outflows and domestic buying. Key data points to monitor include oil price trajectory, USD/INR movement, and any policy signals from the RBI. With Real Estate and Utilities leading, the market is favoring rate-sensitive and defensive themes—a trend that may persist if volatility remains elevated.
📈 Indian Equity Indexes
Market-cap weighted returns across major NSE/BSE benchmarks.
| Index | 1W | 1M | 3M | 6M | 1Y |
|---|---|---|---|---|---|
| ACWI | -1.68% | -0.45% | +2.38% | +6.76% | +17.94% |
| AEX | -1.52% | +1.90% | +6.37% | +8.55% | +19.56% |
| Argentina | +4.76% | +2.72% | +13.50% | +14.02% | +61.67% |
| ASX 200 | -0.20% | +0.41% | +0.34% | +0.46% | +1.30% |
| Brazil | +1.89% | +3.87% | -7.45% | +6.52% | +32.01% |
| CAC 40 | -0.98% | -1.07% | +1.69% | +1.88% | +6.35% |
| Chile | +2.18% | +1.07% | -4.56% | -1.17% | -7.98% |
| CSI 300 | +0.69% | -4.32% | -0.18% | -0.20% | +18.73% |
| DAX | -0.67% | +0.03% | +2.57% | -0.61% | +1.86% |
| Developed | -0.81% | -1.00% | +1.63% | +6.85% | +21.27% |
| Dow Jones | -1.82% | -0.14% | +4.25% | +5.13% | +15.94% |
| EAFE | -1.15% | +0.16% | +0.64% | +3.63% | +14.89% |
| EM ETF | -0.20% | -4.63% | +1.07% | +9.96% | +29.60% |
| EM ETF2 | -1.67% | -2.54% | -1.54% | +3.11% | +13.98% |
| Euro Stoxx 50 | -1.18% | -0.08% | +5.14% | +5.55% | +15.87% |
| FTSE 100 | +0.60% | +1.66% | +1.70% | +4.78% | +16.38% |
| FTSE MIB | -1.86% | -0.46% | +7.86% | +14.65% | +26.30% |
| Hang Seng | +0.81% | +8.03% | -4.82% | -6.63% | +4.16% |
| HSCE | +0.42% | +7.65% | -6.61% | -10.34% | -4.35% |
| IBEX 35 | -0.23% | -0.67% | +8.86% | +9.78% | +35.44% |
| Israel | +0.71% | +2.35% | -3.95% | +4.87% | +58.32% |
| Jakarta | +3.39% | +7.33% | -17.14% | -29.31% | -8.01% |
| KOSPI | -0.86% | -25.42% | +9.78% | +43.92% | +116.92% |
| Malaysia | -0.44% | +1.93% | +0.25% | +0.11% | +12.40% |
| Mexico | +0.47% | +0.59% | -3.70% | -2.01% | +20.09% |
| NASDAQ | -3.49% | -2.38% | +1.30% | +7.55% | +19.56% |
| NIFTY 50 | -0.84% | +0.19% | -2.09% | -7.00% | -4.83% |
| Nikkei 225 | -2.40% | -8.62% | +13.06% | +22.19% | +66.58% |
| Russell 2000 | -1.48% | -1.51% | +5.21% | +8.61% | +30.32% |
| S&P 500 | -2.00% | +0.24% | +3.43% | +7.38% | +17.01% |
| Sensex | -1.03% | +0.25% | -2.71% | -8.38% | -7.13% |
| Shanghai | -0.15% | -5.69% | -5.10% | -6.33% | +10.99% |
| Shenzhen | -2.52% | -12.01% | -5.73% | -0.33% | +33.47% |
| Singapore | +0.77% | +7.01% | +11.57% | +15.61% | +31.92% |
| SMI | -0.30% | +0.76% | +8.85% | +8.11% | +18.71% |
| South Africa | -3.25% | -1.65% | -10.30% | -13.58% | +15.34% |
| Taiwan | -1.70% | -4.78% | +18.41% | +48.08% | +99.10% |
| Thailand | +0.81% | +4.36% | +10.16% | +32.11% | +47.09% |
| Turkey | -1.22% | -3.18% | -0.87% | +11.12% | +32.61% |
| VIX | +19.01% | +2.15% | +3.11% | +27.30% | +29.54% |
| World | -1.58% | -0.44% | +2.37% | +6.62% | +17.70% |
🏭 NSE Sector Performance
All sectors ranked by 1-week return (market-cap weighted). Green = gains, Red = losses.
| Sector | 1W | 1M | 3M | 6M | 1Y |
|---|---|---|---|---|---|
| Real Estate | +12.51% | +2.95% | -13.10% | -15.83% | -1.55% |
| Real Estate | +11.89% | +1.17% | -16.35% | -17.31% | -4.98% |
| Real Estate | +9.81% | +6.07% | -11.79% | -17.36% | -3.69% |
| Real Estate | +9.05% | +5.80% | +19.51% | -4.88% | -15.35% |
| Financial Services | +8.98% | +0.98% | -3.75% | -0.09% | +18.59% |
| Consumer Cyclical | +8.97% | +3.71% | -4.66% | -4.02% | +24.96% |
| Industrials | +8.91% | +3.17% | +3.73% | +1.20% | +30.69% |
| Utilities | +8.76% | +9.36% | +11.03% | +4.39% | +17.99% |
| Communication Services | +7.96% | +5.44% | -3.91% | -6.17% | +11.50% |
| Technology | +7.89% | +2.89% | -18.05% | -15.00% | -2.91% |
| Financial Services | +7.87% | +0.05% | -5.66% | -1.36% | +15.52% |
| Real Estate | +7.84% | -6.26% | -22.71% | -21.12% | -8.56% |
| Utilities | +7.83% | +8.40% | +12.48% | +4.75% | +17.15% |
| Industrials | +7.70% | +8.02% | +24.97% | +20.31% | +22.39% |
| Basic Materials | +7.59% | +3.49% | +2.36% | +6.13% | +31.25% |
| Utilities | +7.20% | +15.85% | +24.88% | +10.99% | +18.35% |
| Industrials | +7.03% | +6.75% | +5.14% | +1.05% | +27.04% |
| Utilities | +6.99% | +15.61% | +24.43% | +10.46% | +20.71% |
| Real Estate | +6.85% | +13.60% | +21.34% | +1.01% | -7.94% |
| Consumer Cyclical | +6.81% | +1.79% | -7.80% | -6.07% | +22.04% |
| Financial Services | +6.77% | +4.11% | +7.32% | -1.54% | +5.61% |
| Consumer Defensive | +6.71% | +10.71% | +3.49% | -5.17% | -1.40% |
| Utilities | +6.64% | +3.52% | +27.97% | +28.79% | +36.00% |
| Technology | +6.55% | +4.80% | -15.33% | -13.95% | -3.34% |
| Real Estate | +6.32% | -7.61% | -24.11% | -21.86% | -15.10% |
| Industrials | +6.28% | +14.14% | +16.58% | +6.61% | +26.03% |
| Real Estate | +6.25% | +4.96% | +15.67% | -4.62% | -16.74% |
| Technology | +6.13% | +5.69% | +8.44% | -12.01% | -9.40% |
| Industrials | +6.09% | +1.21% | -0.22% | -1.64% | +25.53% |
| Real Estate | +6.02% | +6.59% | +14.45% | -3.36% | -16.36% |
🔬 Top 10 Sub-Sectors This Week
Best performing industry groups within sectors by 1-week return.
| Sub-Sector / Industry | Sector | 1W | 1M | 3M |
|---|---|---|---|---|
| Utilities - Regulated Water | Utilities | +36.24% | +21.13% | +20.76% |
| Grocery Stores | Consumer Defensive | +27.79% | -6.79% | -15.09% |
| Grocery Stores | Consumer Defensive | +24.96% | +4.12% | -5.26% |
| Utilities - Regulated Water | Utilities | +23.00% | +36.69% | +35.18% |
| Grocery Stores | Consumer Defensive | +22.41% | +12.73% | -6.90% |
| Computer Hardware | Technology | +20.58% | +17.60% | +40.85% |
| Rental & Leasing Services | Industrials | +20.06% | +7.92% | -28.67% |
| Electronics & Computer Distribution | Technology | +20.01% | +19.82% | +67.65% |
| Oil & Gas Equipment & Services | Energy | +19.90% | +41.62% | +44.54% |
| Utilities - Regulated Water | Utilities | +19.84% | +12.64% | -33.56% |
🛢️ Commodities
Commodity returns — Gold, Silver, Crude Oil, Natural Gas and more. Prices in INR/USD.
| Commodity | 1W | 1M | 3M | 6M | 1Y |
|---|---|---|---|---|---|
| Brent Crude | +3.23% | +12.80% | -14.68% | +33.28% | +26.77% |
| Cocoa | +0.21% | +15.01% | +56.54% | +17.51% | -35.86% |
| Coffee | -3.35% | +7.85% | +2.70% | -10.63% | +4.79% |
| Copper | +0.72% | +3.26% | +3.62% | +10.68% | +11.31% |
| Corn | +9.74% | +18.24% | +6.66% | +14.88% | +21.35% |
| Cotton | +4.89% | +10.18% | +6.76% | +26.73% | +22.38% |
| Crude Oil WTI | +16.90% | +26.06% | -0.72% | +52.24% | +39.39% |
| Gasoline | +0.82% | +11.91% | -1.38% | +78.29% | +57.55% |
| Gold | +1.73% | -1.83% | -14.33% | -16.09% | +17.89% |
| Heating Oil | +5.60% | +34.92% | +8.09% | +75.12% | +73.60% |
| Natural Gas | +3.32% | -6.16% | +8.49% | -39.43% | -9.19% |
| Palladium | -0.32% | +2.34% | -18.59% | -32.47% | -4.07% |
| Platinum | -2.10% | -3.59% | -22.74% | -35.44% | +9.27% |
| Silver | +3.29% | -6.91% | -25.88% | -37.39% | +46.83% |
| Soybeans | +3.97% | +11.24% | +6.70% | +16.72% | +22.99% |
| Sugar | +1.80% | +9.54% | +8.33% | -0.27% | -9.71% |
| Wheat | +3.41% | +18.92% | +16.44% | +37.42% | +26.98% |
💱 Currency Pairs
Key currency pairs and how they shifted this week.
| Currency Pair | 1W | 1M | 3M |
|---|---|---|---|
| AUD/USD | -0.54% | +0.79% | -2.43% |
| EUR/USD | -0.84% | -0.05% | -2.84% |
| GBP/USD | -1.74% | +0.80% | -1.55% |
| US Dollar Index | +0.75% | +0.07% | +2.94% |
| USD/BRL | -0.05% | -2.10% | +2.20% |
| USD/CAD | +0.41% | -0.81% | +3.06% |
| USD/CHF | +1.57% | +0.94% | +3.94% |
| USD/CNY | -0.05% | -0.37% | -1.04% |
| USD/IDR | -0.88% | -0.03% | +3.85% |
| USD/INR | +0.07% | +1.45% | +2.45% |
| USD/JPY | +1.12% | +1.41% | +2.70% |
| USD/KRW | -0.75% | -3.92% | +0.03% |
| USD/MXN | +0.89% | -0.17% | +0.64% |
| USD/TRY | +0.42% | +1.64% | +4.93% |
| USD/ZAR | +2.98% | +1.61% | +1.31% |
Drill deeper — run live sector and screener analysis on QUANTSCASE
Disclaimer: This post is auto-generated for informational purposes only and does not constitute financial advice. Sector and macro data is market-cap weighted and reflects previous trading day closing prices. Past performance is not indicative of future results. Always conduct your own research.
For informational and educational purposes only. Not investment advice. QUANTSCASE is a stock screener, not a SEBI-registered investment adviser, research analyst, or portfolio manager. Terms
