The SGX Nifty July 2026 futures are presently trading 15.00 points lower, indicating a flat opening for the benchmark index today.
Institutional Flows:
On 14 July 2026, provisional data indicated that foreign portfolio investors (FPIs) divested shares amounting to Rs 739.69 crore, whereas domestic institutional investors (DIIs) emerged as net buyers, acquiring shares worth Rs 2,927.71 crore in the Indian equity market. The FIIs have acquired shares valued at Rs 770.93 crore up to July 14, 2026. This stands in stark contrast to 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 broad gains on Wednesday following an unexpected deceleration in U.S. inflation, which tempered market anticipations regarding interest rate increases. Meanwhile, oil prices stabilised as the U.S. abandoned a proposal to impose shipping fees through the Strait of Hormuz. The U.S. headline consumer price index experienced a decline of 0.4% in June, marking its first decrease since the onset of the COVID-19 pandemic. Meanwhile, the annualised core inflation rate stood at 2.6%, which was below the widely anticipated figure of 2.8%.
Brent crude futures stabilised at approximately $85.50 per barrel, reflecting an increase of over 12% this week due to a resurgence of conflict in the Middle East. U.S. President Donald Trump reinstated a naval blockade of Iranian ports on Tuesday and issued a warning of potential attacks on power plants and bridges next week unless Iran returns to the negotiating table to resolve their conflict. However, he abandoned a proposal for a 20% fee on shipping through Hormuz. Meanwhile, China’s economy in the second quarter grew at its slowest rate since the fourth quarter of 2022. These figures underscore the necessity for policy stimulus, as a rapid decline in investments has intensified the pressure on growth, while consumption remains lacklustre.
Gross domestic product growth registered at 4.3% for the April to June period, according to data released by the National Statistics Bureau on Wednesday. This figure fell short of the widely anticipated forecast of 4.5% growth and represents a deceleration from the 5% growth observed in the first quarter. That second-quarter growth fell short of Beijing’s full-year growth target range of 4.5% to 5%, marking the least ambitious goal in decades, in the context of ongoing tensions with trade partners, including the U.S. and the European Union, alongside sluggish domestic demand.
The S&P 500 and the Nasdaq experienced gains on Tuesday, driven by robust earnings from major banks and a lower-than-anticipated inflation report, which enhanced risk appetite in the context of escalating tensions in the Middle East. The Labour Department’s Consumer Price Index indicated that inflation moderated more than analysts had anticipated in June, primarily due to diminishing energy price pressures, coinciding with last month’s indications of advancement in U.S.-Iran peace negotiations.
Domestic Market:
Domestic equity benchmarks concluded the trading session on Tuesday with significant declines, influenced by increasing crude oil prices, heightened tensions in the Middle East, and unfavourable global indicators that negatively impacted investor sentiment. The Nifty 50 declined beneath the 24,100 threshold. Selling pressure was widespread, with information technology, automotive, and banking sectors spearheading the downturn, whereas pharmaceutical and metal stocks exhibited stronger performance.
Geopolitical developments, crude oil prices, and the ongoing Q1 earnings season are poised to influence the market’s near-term trajectory. The S&P BSE Sensex experienced a decrease of 561.46 points, reflecting a decline of 0.72%, closing at 77,054.94. The Nifty 50 index experienced a decline of 158.95 points, representing a decrease of 0.66%, closing at 24,052.05. In three consecutive sessions, the Nifty has experienced a decline of 1.38%, whereas the Sensex has decreased by 1.45%.