The market moved to a fresh record high, extending its win streak to the 4th consecutive week amid continued inflows from FIIs, surplus monsoon, and good earnings. Still, disappointing results from IT major Infosys put a break to the rally on July 20.

The Sensex gained 0.94% or 623.36 points to finish at 66,684.26, while the Nifty50 added 0.92% or 180.5 points to end at 19,745. The Sensex moved to a record high of 67,619.17 and the Nifty high point at 19,991.85 weekly.

The BSE small-cap index rose 1.3%. DCM Shriram Industries, Sterling and Wilson Renewable Energy, DB Corp, Arihant Capital Markets, Mishtann Foods, Jai Balaji Industries, Ashapura Minechem, Newgen Software Technologies, Jagran Prakashan, Cerebra Integrated Technologies, Dodla Dairy, Electronics Mart India, LT Foods, Texmaco Infrastructure & Holdings, Heritage Foods, and Jindal Saw gained 20-32%.

Besides, Transformers and Rectifiers India, Krsnaa Diagnostics, Datamatics Global Services, CCL Products India, Himatsingka Seide, and Roto Pumps lost 11-25%.

The BSE midcap index added 0.5%, led by Polycab India, Mphasis, Union SJVN, Bank of India, Gland Pharma, and Bank Of India. At the same time, Dalmia Bharat, JSW Energy, Tata Elxsi, The Ramco Cements, and Oracle Financial Services Software failed.

The BSE Largecap Index rose 0.7%, supported by Kotak Mahindra Bank, State Bank of India, United Spirits, Larsen & Toubro, and HDFC Asset Management Company. The losers included Reliance Industries, Infosys, ICICI Prudential Life Insurance Company, and Shree Cements.

In BSE Sensex, State Bank of India added the most market cap, followed by ICICI Bank, HDFC Bank, and ITC. Reliance Industries, Tata Consultancy Services, and Infosys failed in their market cap. 

On the sectoral front, the Nifty PSU Bank index rose 4%, the Nifty media index 3%, the Nifty Bank index 2.8%, and the Nifty pharma and energy indices added 2% each. Besides, the Nifty IT index shed 3.5%.

Foreign institutional investors (FIIs) bought equities worth Rs 3,115.26 crore, while domestic institutional investors (DIIs) sold shares of Rs 776.69 crore. In July FIIs bought Rs 17,697.89 crore shares, and DIIs traded equities of Rs 8,906.19 crore.

In the week, the rupee gained, rising 22 paise to close at 81.95 against 82.17.