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Financial ServicesInsuranceMedium impactPre-market

Nifty recovery at risk as Hormuz shuts down

pre-market1 source ↓written by the desknot a recommendation

the week
244 points
24,206
selling pressure near
24,500
correction earlier
700-point

The Nifty 50 closed the week up 244 points at 24,206, rebounding from a mid-week selloff. Despite a strong finish, the index faced selling pressure near 24,500, leading to a 700-point correction earlier in the week. Key gainers included Jio Financial Services and HDFC Life Insurance, while Dr. Reddy's Laboratories was among the biggest losers. 📉

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 13 Jul 2026, 07:03 IST.

Sourcesnews.google.com

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