The SGX Nifty July 2026 futures are presently trading 18.00 points lower, indicating a flat opening for the benchmark index today.
Institutional Flows:
On 30 June 2026, provisional data indicated that foreign portfolio investors (FPIs) divested shares amounting to Rs 2,556.75 crore, whereas domestic institutional investors (DIIs) emerged as net purchasers, acquiring shares valued at Rs 6,842.34 crore in the Indian equity market. The foreign institutional investors have divested shares amounting to Rs 49,028.63 crore in June. This follows their cash sales of Rs 55,963.33 crore in May, Rs 70,135.46 crore in April, and Rs 122,540.41 crore in March.
Global Markets:
Asian share markets commenced the new quarter with a degree of caution on Wednesday, as negotiations between the United States and Iran encountered additional obstacles. Tehran announced on Tuesday that it would not engage in discussions with senior U.S. diplomats who had travelled to the area, as the two parties remain significantly divergent on a comprehensive framework for the full opening of the Strait of Hormuz. Bond markets faced increased pressure following a significant spike in U.S. Treasury yields overnight, as futures adjusted the probabilities of rate hikes from the Federal Reserve in anticipation of important jobs figures set to be released on Thursday.
All attention will be focused on Fed Chair Kevin Warsh during his appearance at a European Central Bank conference later in the session, as market participants seek insights regarding the necessity for a tightening. Investors remained vigilant regarding the potential for Japanese intervention as the yen reached new lows not seen in 40 years. Public data indicates that the Japanese yen has depreciated to 162.28 per dollar, continuing its downward trend from the prior session.
Overnight on Wall Street, stocks experienced an uptick on Tuesday, propelled by significant increases in semiconductor shares, as the market concluded a robust first half and second quarter. The Dow Jones Industrial Average increased by 136.46 points, representing a rise of 0.26%, achieving a record closing value of 52,319.20. The S&P 500 experienced an increase of 0.79%, concluding at 7,499.36, while the Nasdaq Composite saw a rise of 1.52%, finishing at 26,213.72.
Domestic Market:
Benchmark indices concluded the trading session on Tuesday with a decline, as setbacks in IT stocks counterbalanced the advancements observed in the pharmaceutical and consumer durables sectors. The Nifty concluded the trading day beneath the 23,900 threshold, amidst a session characterised by volatility due to the monthly derivatives expiry. Selling pressure intensified in the final hour of trading, with Eicher Motors positioned as the leading underperformer following the approval of Delhi’s EV Policy for the period 2026-2030. Despite the weakness in the frontline indices, broader indices concluded the trading session on a positive note.
The S&P BSE Sensex experienced a decrease of 249.70 points, reflecting a decline of 0.33%, closing at 76,478.67. The Nifty 50 index experienced a decline of 80.50 points, representing a decrease of 0.34%, closing at 23,865.75. In two consecutive trading sessions, the Sensex experienced a decline of 0.80%, whereas the Nifty recorded a decrease of 0.79%.