The SGX Nifty July 2026 futures are presently trading 36.50 points lower, indicating a flat opening for the benchmark index today.
Institutional Flows:
Foreign portfolio investors acquired shares valued at Rs 243.03 crore, whereas domestic institutional investors recorded net purchases amounting to Rs 3,791.42 crore in the Indian equity market on 06 July 2026, according to provisional data. The foreign institutional investors have acquired shares valued at Rs 146.04 crore thus far in July (up to 06 July 2026). This contrasts with their cash sales of Rs 49,028.63 crore in June, Rs 55,963.33 crore in May, and Rs 70,135.46 crore in April.
Global Markets:
Asian markets experienced a decline on Tuesday as investors anticipated the forthcoming release of the minutes from the most recent US Federal Open Market Committee meeting. Meanwhile, the Japanese yen faced challenges, trading on the weaker side of 162 per dollar in early Asia trade and declining to nearly its lowest level against the British pound since 2007 at 217.09, having dropped to a new low overnight. Japan is set to conduct an auction of 30-year government bonds on Tuesday. If the auction is weak, government bond yields could rise further and accelerate the selling of the yen, according to a global research house.
Oil prices experienced a modest increase, yet the upward movement was constrained as traders shifted their focus to potential supply increases and demand outlooks following the recent surge to levels not seen since before the Iran conflict on Monday. The U.S. crude increased by 0.54% to $68.92 a barrel, while Brent experienced a rise to $72.34 per barrel, reflecting an uptick of 0.49% on the day. President Donald Trump stated on Monday that the United States would either come to an agreement with Iran or “finish the job,” reiterating his threat of military action as Tehran displays defiance following the funeral of former Supreme Leader Ayatollah Ali Khamenei.
Overnight in the US, equities sustained their upward trajectory on Monday, building on a robust week on Wall Street. The S&P 500 gained 0.72% to end at 7,537.43, while the Nasdaq Composite advanced 1.12% to 26,121.16 as markets commenced a new trading week following Friday’s U.S. Independence Day holiday. The Dow Jones Industrial Average increased by 155.84 points, representing a rise of 0.29%, achieving a record closing value of 53,055.91.
Domestic Market:
Benchmark indices continued their upward trajectory for the fourth consecutive session on Monday, buoyed by widespread purchasing activity. Encouraging updates from Q1 business performance, a decline in crude oil prices, favourable advancements in monsoon conditions, and diminishing geopolitical tensions have collectively bolstered market sentiment. The Nifty concluded the trading session above the 24,400 threshold. Auto, consumer durables, oil & gas, and metal stocks drove the gains, whereas IT and PSU bank shares concluded lower.
The broader market exhibited resilience, indicative of persistent buying interest. The S&P BSE Sensex increased by 521.16 points, reflecting a rise of 0.67%, reaching a level of 78,285.07. The Nifty 50 index experienced an increase of 159.50 points, reflecting a rise of 0.66%, reaching a level of 24,430.35. In the four consecutive trading sessions, the Sensex experienced a rally of 2.36%, while the Nifty recorded a similar increase of 2.36%.