The SGX Nifty July 2026 futures are presently trading 17.50 points lower, indicating a subdued opening for the benchmark index today.

Institutional Flows:

On 07 July 2026, provisional data indicated that foreign portfolio investors (FPIs) acquired shares valued at Rs 393.19 crore, whereas domestic institutional investors (DIIs) recorded net sales amounting to Rs 383.43 crore in the Indian equity market. The FIIs have acquired shares amounting to Rs 539.23 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 general decline on Wednesday as investors assessed the implications of escalating tensions in the Middle East alongside increasing oil prices. The U.S. initiated a “series of powerful strikes” against Iran on Tuesday evening, responding to assaults on three commercial vessels navigating the Strait of Hormuz, according to U.S. Central Command. Earlier, the Treasury Department revoked a licence that allowed Iran to sell its oil globally in response to the attacks in the Hormuz Strait.

The West Texas Intermediate futures for August delivery increased by 2.1%, reaching $71.87 per barrel during trading in Asia. Futures for the international benchmark Brent crude for September delivery increased by 1.9%, reaching $75.53 per barrel. Investors are now focused on the minutes from the Federal Open Market Committee’s June meeting, which will be released at 2 p.m. on Wednesday. The release is anticipated to offer greater clarity regarding Federal Reserve Chairman Kevin Warsh’s inaugural policy meeting, during which officials opted to maintain interest rates at their current level while indicating that further rate increases may be necessary should inflationary pressures continue to mount.

Overnight on Wall Street, US stocks experienced a decline on Tuesday following Samsung’s quarterly results and reports indicating that China’s DeepSeek is in the process of developing its own AI chip, which prompted renewed selling in the semiconductor sector. The tech-heavy Nasdaq Composite experienced a significant downturn, decreasing by 1.16% to 25,818.69. The Dow Jones Industrial Average lost 0.25% to 52,925.15, while the S&P 500 dropped 0.45% to 7,503.85.

Domestic Market:

The benchmark indices halted their four-session winning streak on Tuesday, as lacklustre global signals prompted profit-taking in domestic equities. The Nifty concluded the trading session beneath the 24,400 threshold, reflecting a trend of widespread selling across the market. Metal and realty stocks experienced a decline, whereas IT, consumer durables, and FMCG shares defied the overall market trend.

The S&P BSE Sensex experienced a decrease of 104.35 points, reflecting a decline of 0.13%, closing at 78,180.72. The Nifty 50 index experienced a decline of 31.65 points, representing a decrease of 0.13%, closing at 24,398.70. In the previous four sessions, the Sensex experienced a rally of 2.34%, whereas the Nifty saw an increase of 2.35%.