The SGX Nifty July 2026 futures are presently trading 18.00 points higher, indicating a flat opening for the benchmark index today.

Institutional Flows:

On 08 July 2026, provisional data indicated that foreign portfolio investors (FPIs) acquired shares valued at Rs 1,962.80 crore, whereas domestic institutional investors (DIIs) recorded net purchases amounting to Rs 790.16 crore in the Indian equity market. The FIIs have acquired shares valued at Rs 2,502.03 crore thus far in July (up to 08 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 traded mostly lower on Thursday as renewed U.S.-Iran tensions and a jump in oil prices dampened the investor sentiment. The U.S. launched fresh strikes on Iran in response to Tehran’s attacks on commercial shipping in and around the Strait of Hormuz, U.S. Central Command said Wednesday afternoon. Earlier in the day, President Donald Trump said he may no longer be interested in negotiating a deal with Iran. Prior to that, he said that the ceasefire between the U.S. and Tehran is “over” after another wave of attacks in the Middle East.

Overnight on Wall Street, the Dow Jones Industrial Average pulled back from record levels on Tuesday as investors once again appeared to rotate out of names tied to artificial intelligence and as oil prices advanced. The 30-stock index lost 130.76 points, or 0.25%, after earlier hitting a new all-time intraday high. Ultimately, the Dow closed at 52,925.15. The Nasdaq Composite fell 1.16% to 25,818.69. The S&P 500 slid 0.45% to end at 7,503.85.

Domestic Market:

The benchmark indices extended their decline for a second straight session on Wednesday as weak global cues, a sharp spike in crude oil prices and escalating tensions in the Middle East triggered broad-based selling. The Nifty tumbled below the 23,900 mark, recording its steepest single-day decline since March 2026. All sectoral indices on the NSE ended in the red, with banks and financial stocks leading the losses, while the India VIX surged 26%, reflecting heightened market volatility.

Renewed geopolitical concerns stemming from escalating U.S.-Iran tensions, coupled with a prevailing risk-off sentiment, significantly impacted investor confidence. The S&P BSE Sensex declined by 1,677.12 points, representing a decrease of 2.15%, closing at 76,503.60. The Nifty 50 index experienced a decline of 516.65 points, representing a decrease of 2.12%, closing at 23,882.05.