NSE Market Pulse — Friday, 24 July 2026: Sector Trends, Top Performers & Macro Outlook
Weekly market pulse for Friday, 24 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.
🤖 AI Market Analysis
Indian equity markets faced a challenging week, with the Nifty 50 declining 2.33% and the Sensex falling 2.68% over the past five sessions. This underperformance aligns with a broader global sell-off in risk assets, as the KOSPI dropped 2.57%, the Nikkei 225 slid 3.39%, and the NASDAQ lost 1.50%. The one-month returns for Indian indices remain negative at -1.06% and -1.21% respectively, contrasting with the MSCI World Index which managed a marginal weekly gain of +0.14%. The weakness comes despite a notable drop in the VIX, which fell 5.59% for the week, suggesting the sell-off was more about local and regional headwinds than a spike in global fear.
Sector rotation this week reveals a powerful divergence within Indian markets. Real Estate stocks dominated the top performers, with multiple sub-sectors posting weekly gains between +9.05% and +12.51%. Financial Services also showed strong relative strength, rising 8.98% for the week. On the lagging side, Technology, Industrials, and a separate Real Estate sub-sector all managed only modest weekly advances of +6.02% to +6.13%, indicating that the broader market rally was highly selective. The key theme is a clear preference for domestic cyclical and rate-sensitive names over export-oriented technology stocks, likely reflecting expectations of a more accommodative monetary policy stance.
Commodity markets flashed significant signals for NSE sectors this week. Brent crude surged 8.60% weekly and 29.75% monthly, while WTI crude gained 6.98% for the week and 25.46% over the month. This sharp rally in energy prices is a major positive for oil & gas and upstream companies, but a cost headwind for downstream users and logistics. Agricultural commodities also firmed, with corn up 9.27% and soybeans gaining 3.74% weekly. In currencies, the USD/INR pair edged slightly lower by 0.10% for the week, though it remains up 2.24% over the past month. A stable rupee combined with surging crude is a mixed bag for import-heavy sectors like aviation and specialty chemicals.
Looking ahead to next week, the primary watchpoint is whether the real estate and financial services rally can sustain momentum or if profit-booking emerges after such sharp weekly gains. The persistent strength in crude oil prices will be a critical input for inflation expectations and RBI policy path. Global cues remain mixed, with the Hang Seng (+1.63%) and Singapore (+1.43%) showing resilience while the Nikkei and KOSPI continue to struggle. Investors should monitor any shift in the USD/INR trajectory and the movement of the VIX, as a further decline in volatility could support a broader market recovery.
📈 Indian Equity Indexes
Market-cap weighted returns across major NSE/BSE benchmarks.
| Index | 1W | 1M | 3M | 6M | 1Y |
|---|---|---|---|---|---|
| ACWI | +0.05% | +0.54% | +3.90% | +7.09% | +17.57% |
| AEX | -0.20% | +2.07% | +8.02% | +9.12% | +19.76% |
| Argentina | +2.67% | +5.62% | +13.34% | +12.01% | +58.33% |
| ASX 200 | -0.02% | +0.35% | +0.60% | -0.11% | +1.99% |
| Brazil | +0.84% | +1.85% | -8.16% | +1.96% | +30.69% |
| CAC 40 | +0.21% | -0.90% | +2.63% | +2.77% | +6.35% |
| Chile | +2.18% | +1.07% | -4.56% | -1.17% | -7.98% |
| CSI 300 | -0.98% | -5.92% | -1.85% | -1.87% | +16.75% |
| DAX | +0.87% | +0.21% | +4.00% | +0.46% | +3.43% |
| Developed | +0.57% | -0.26% | +3.56% | +7.25% | +19.83% |
| Dow Jones | -0.13% | +0.44% | +5.61% | +5.45% | +15.70% |
| EAFE | +0.49% | +1.55% | +2.57% | +4.45% | +13.44% |
| EM ETF | +0.95% | -5.00% | +2.47% | +8.84% | +27.96% |
| EM ETF2 | +0.47% | -1.46% | +0.33% | +2.76% | +13.43% |
| Euro Stoxx 50 | +0.62% | +0.03% | +6.35% | +5.26% | +17.34% |
| FTSE 100 | +1.24% | +1.91% | +3.40% | +5.80% | +17.67% |
| FTSE MIB | -0.39% | -0.20% | +8.40% | +14.97% | +27.29% |
| Hang Seng | +1.63% | +6.62% | -4.59% | -7.28% | +1.52% |
| HSCE | +1.65% | +6.52% | -6.03% | -10.75% | -6.83% |
| IBEX 35 | +1.77% | +0.22% | +10.53% | +10.61% | +36.30% |
| Israel | +1.89% | +2.45% | -3.56% | +4.64% | +55.45% |
| Jakarta | +0.34% | +3.29% | -18.83% | -30.73% | -10.21% |
| KOSPI | -2.57% | -13.49% | +14.11% | +47.93% | +122.95% |
| Malaysia | -1.76% | +2.24% | -1.20% | -0.66% | +12.54% |
| Mexico | -0.44% | -1.60% | -2.43% | -2.94% | +17.46% |
| NASDAQ | -1.50% | -1.33% | +2.86% | +7.26% | +19.59% |
| NIFTY 50 | -2.33% | -1.06% | -1.68% | -7.50% | -5.67% |
| Nikkei 225 | -3.39% | -4.82% | +12.92% | +23.15% | +66.80% |
| Russell 2000 | -0.59% | -1.41% | +6.11% | +8.31% | +28.97% |
| S&P 500 | -0.12% | +1.23% | +4.79% | +7.75% | +17.14% |
| Sensex | -2.68% | -1.21% | -2.07% | -8.99% | -7.89% |
| Shanghai | +1.33% | -7.43% | -7.11% | -7.56% | +8.68% |
| Shenzhen | +0.49% | -15.72% | -9.24% | -3.33% | +29.57% |
| Singapore | +1.43% | +7.08% | +13.03% | +16.18% | +30.78% |
| SMI | -0.10% | +0.68% | +8.16% | +8.32% | +20.04% |
| South Africa | -1.60% | -3.17% | -8.50% | -14.09% | +14.50% |
| Taiwan | +2.30% | -5.19% | +15.75% | +42.82% | +92.37% |
| Thailand | +1.01% | +4.57% | +10.38% | +32.38% | +47.39% |
| Turkey | -0.27% | -2.70% | -4.41% | +9.38% | +31.35% |
| VIX | -5.59% | -4.88% | -5.29% | +10.13% | +15.14% |
| World | +0.14% | +0.48% | +3.92% | +6.96% | +17.38% |
🏭 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 | +8.60% | +29.75% | -8.94% | +49.36% | +39.66% |
| Cocoa | -2.53% | +10.02% | +60.08% | +20.68% | -36.10% |
| Coffee | -3.41% | +8.81% | +0.28% | -8.76% | +5.28% |
| Copper | +2.42% | +7.19% | +4.86% | +10.94% | +9.93% |
| Corn | +9.27% | +19.41% | +6.70% | +14.62% | +21.96% |
| Cotton | +3.80% | +10.97% | +4.17% | +25.23% | +20.08% |
| Crude Oil WTI | +6.98% | +25.46% | -7.93% | +48.67% | +35.25% |
| Gasoline | -4.88% | +11.99% | -6.78% | +77.60% | +52.14% |
| Gold | +1.79% | +2.36% | -13.19% | -16.79% | +20.34% |
| Heating Oil | +0.62% | +28.77% | +2.55% | +72.80% | +67.00% |
| Natural Gas | +1.06% | -8.66% | +12.55% | -41.68% | -4.39% |
| Palladium | +1.21% | +8.41% | -15.20% | -34.09% | -4.30% |
| Platinum | -0.05% | +1.54% | -20.65% | -37.35% | +11.64% |
| Silver | +5.54% | +1.87% | -21.63% | -38.38% | +50.57% |
| Soybeans | +3.74% | +12.69% | +7.74% | +17.43% | +24.24% |
| Sugar | -1.01% | +9.39% | +7.94% | -1.87% | -9.61% |
| Wheat | -1.35% | +14.98% | +10.27% | +30.65% | +24.61% |
💱 Currency Pairs
Key currency pairs and how they shifted this week.
| Currency Pair | 1W | 1M | 3M |
|---|---|---|---|
| AUD/USD | -0.07% | +1.37% | -2.73% |
| EUR/USD | -0.50% | +0.29% | -2.87% |
| GBP/USD | -1.03% | +1.32% | -1.46% |
| US Dollar Index | +0.57% | -0.28% | +2.56% |
| USD/BRL | -1.02% | -2.81% | +1.24% |
| USD/CAD | +0.32% | -1.08% | +3.38% |
| USD/CHF | +1.05% | +0.52% | +4.01% |
| USD/CNY | -0.19% | -0.44% | -0.92% |
| USD/IDR | -0.09% | -0.12% | +4.37% |
| USD/INR | -0.10% | +2.24% | +2.43% |
| USD/JPY | +0.82% | +1.20% | +2.73% |
| USD/KRW | -1.26% | -5.35% | -0.87% |
| USD/MXN | +0.27% | -0.95% | +0.44% |
| USD/TRY | +0.51% | +1.79% | +5.13% |
| USD/ZAR | +2.39% | +1.38% | +1.61% |
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.
