SGX Nifty Updates

The SGX Nifty July 2026 futures are currently trading 38.00 points higher, indicating a mildly positive opening for the benchmark index today.

Institutional Flows:

Foreign portfolio investors divested shares amounting to Rs 1,140.50 crore, whereas domestic institutional investors engaged in net purchases totalling Rs 3,159.24 crore in the Indian equity market on 01 July 2026, according to provisional data. 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:

Asia markets experienced a predominantly downward trend on Thursday, reflecting the declines observed on Wall Street in the prior session. South Korea’s Kospi experienced a significant decline, dropping 5.36% at the market open, which led the Korean Exchange to implement a temporary trading halt for five minutes in an effort to mitigate volatility. Overnight on Wall Street, the Dow Jones Industrial Average reached a record high before experiencing a pullback on Wednesday, while the Nasdaq Composite faced challenges due to declines in chipmakers.

The 30-stock average declined by 13.96 points, representing a decrease of 0.03%, concluding at 52,305.24.The S&P 500 experienced a decline of 0.22%, concluding at 7,483.23. The Nasdaq Composite experienced a decrease of 0.66%, closing at 26,040.03. The tech-heavy index experienced a decline as investors liquidated positions in semiconductor stocks, realising profits following a substantial increase of over 80% in the first half of 2026. Micron experienced a decline of over 10%, yet it remains up more than 260% year-to-date.

Sandisk also experienced a decline of over 10%, yet the stock continues to reflect an increase of more than 750% in 2026. Nvidia and Broadcom experienced declines of approximately 1% and 2%, respectively, during the session. Market participants are currently focused on the forthcoming June employment data. According to media reports, the US economy is projected to have added 115,000 jobs last month.

Domestic Market:

Benchmark indices ended their two-day decline on Wednesday, buoyed by widespread purchasing in the auto, FMCG, and financial sectors, while IT stocks continued to face challenges due to KPIT Technologies’ disappointing Q1 FY27 forecast. The Nifty successfully regained the 24,000 level, with broader markets also closing in positive territory. Positive global cues and value buying in beaten-down large-cap stocks enhanced overall market sentiment.

The S&P BSE Sensex experienced an increase of 443.97 points, reflecting a rise of 0.58%, reaching a level of 76,922.64. The Nifty 50 index experienced an increase of 140.10 points, reflecting a rise of 0.59%, reaching a level of 24,005.85. Over the last two consecutive trading sessions, the Sensex experienced a decline of 0.80%, whereas the Nifty recorded a decrease of 0.79%.