Equity benchmarks staged a smart recovery on Monday, July 13, with the Sensex closing 47 points higher at 77,616 and the Nifty adding 4 points to settle at 24,211, holding above the crucial 24,200 mark. The rebound was led by IT stocks, with TCS, Infosys, HCLTech, Tech Mahindra and Wipro among the top gainers. Private banks also lent support, as Kotak Mahindra Bank and ICICI Bank advanced, pushing the Nifty Bank index up 86 points. Select sectors saw strong buying—Voltas and Blue Star extended gains, LTIMindtree rose on upbeat commentary, and life insurers continued their rally.
