FIRST TRADE: Benchmark indices open flat; Nifty above 19,700, Sensex above 66,000

Stock market today: Indian benchmark indices opened flat on Monday, July 24. The NSE Nifty opened above the 19,700 level, while the Sensex held the 66,000 mark. Last seen, the Nifty50 index was trading at 19,732.75, flat by 12.25 points, while the S&P BSE Sensex was trading at 66,643.1,  flat by 41.16 points. 

Broader market 

Nifty Midcap 100 was trading flat at 36,879.35 and Smallcap 100 was trading in green up by 0.41 per cent. 

Sectoral watch 

Nifty Bank traded 0.15  per cent lower at 46,005.20.  Nifty Metal and FMCG traded lower. 

Buzzing stocks 

Aarti Drugs shares trade higher after the board approved the buyback. SJVN shares traded higher after the company received the letter of Intent (LOI) from Punjab State Power Corporation Limited for the procurement of 1200 MW of Solar Power. Paytm shares rallied after the company narrowed its losses in the June quarter. 

Conversely, Zensar technologies, KPIT Technologies, and Varun Beverages opened lower. 
 
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