The SGX Nifty July 2026 futures currently traded 189 points lower, indicating a negative opening for the benchmark index today.
Institutional Flows:
On 10 July 2026, provisional data indicated that foreign portfolio investors (FPIs) acquired shares valued at Rs 2,603.72 crore, whereas domestic institutional investors (DIIs) recorded net purchases amounting to Rs 2,019 crore in the Indian equity market. The FIIs have acquired shares valued at Rs 1,969.17 crore thus far in July (up to 09 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 Monday, relinquishing initial gains as investors adopted a cautious stance in light of renewed geopolitical tensions in the Middle East. Investor sentiment deteriorated following the exchange of airstrikes between Iran and the United States over the weekend. Tehran asserted that it had aimed at U.S. military installations in various Gulf nations and declared the closure of the Strait of Hormuz. However, U.S. President Donald Trump dismissed the assertion on Sunday, asserting that the strategic waterway continued to be accessible for commercial shipping. In South Korea, shares of SK Hynix experienced a decline of 5% following a notable 13% increase during its debut on Nasdaq, leading investors to realise gains.
In the United States, the financial markets concluded the trading session on a positive note on Friday. The Dow Jones Industrial Average increased by 0.29%, closing at 52,637.01. The S&P 500 experienced a rise of 0.42%, finishing at 7,575.39, while the Nasdaq Composite saw an advancement of 0.29%, concluding at 26,281.61. Investors are preparing for a significant week in the U.S. earnings calendar, as numerous prominent financial institutions are set to disclose their quarterly results. This includes major players such as JPMorgan Chase, Goldman Sachs, Morgan Stanley, Bank of America, Citigroup, and Wells Fargo. Earnings from Netflix, Johnson & Johnson, and UnitedHealth are anticipated to be scrutinised for insights into corporate performance and the overarching economic landscape.
Domestic Market:
Benchmark equity indices experienced a significant rally on Friday, with the Nifty concluding above the 24,200 threshold, bolstered by widespread purchasing across various sectors. Investor sentiment experienced an uptick, bolstered by favourable global indicators as apprehensions regarding an expansive conflict in the Middle East diminished. Lower crude oil prices, a firmer rupee, and a decline in the India VIX contributed to the positive momentum.
The S&P BSE Sensex experienced an increase of 827.57 points, reflecting a rise of 1.08%, reaching a level of 77,569.39. The Nifty 50 index experienced an increase of 244.10 points, reflecting a rise of 1.02%, reaching a level of 24,206.90. In two consecutive trading sessions, the Sensex experienced a rally of 1.35%, while the Nifty recorded a jump of 1.33%.