As of right now, the SGX Nifty July 2026 futures are up 56.50 points, indicating that the benchmark market will open higher today.
Institutional Flows:
Foreign portfolio investors divested shares amounting to Rs 1,121.04 crore, whereas domestic institutional investors emerged as net purchasers, acquiring shares worth Rs 1,312.03 crore in the Indian equity market on 20 July 2026, according to provisional data. The foreign institutional investors have divested shares amounting to Rs 5,667.91 crore up to July 20, 2026. This follows 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 stocks experienced an uptick on Tuesday, driven by mediation efforts in the Middle East that contributed to a decline in oil prices from a one-month peak. Yemen’s Iran-aligned Houthis announced their intention to impose a naval blockade on Saudi Arabia, a development that could exacerbate disruptions to energy supplies. This comes in the context of ongoing hostilities between the U.S. and Iran, despite ongoing efforts to restore a tenuous ceasefire. Brent crude futures declined by 0.38% to $88.88 per barrel in early trading on Tuesday as investors focused on the potential for a resolution. Brent reached its peak since mid-June at $91.42 a barrel in the prior session.
A senior Iranian official was quoted by the media stating that Tehran had received a proposal from mediators for a 10-day ceasefire, intended to pave the way for a lasting agreement to end the war that began on February 28 with U.S.-Israeli attacks on Iran. In other developments, investor attention this week will center on earnings reports from Alphabet and Intel, among other companies, to assess the effects of the ongoing conflict and to determine if the AI sector has further potential for growth in light of elevated profit expectations for the second quarter. Recent strong earnings from Asian chip bellwethers Samsung Electronics and TSMC have failed to meet investor expectations, highlighting the challenges confronting the industry.
Overnight in the US, Wall Street’s three major indexes concluded the day in the red on Monday as investors sought signs of de-escalation in the Middle East and anticipated earnings reports from prominent technology firms later in the week. The Dow Jones Industrial Average declined by 307.16 points, representing a decrease of 0.59%, settling at 51,839.26. The S&P 500 experienced a loss of 14.41 points, or 0.19%, closing at 7,443.28, while the Nasdaq Composite saw a reduction of 12.17 points, equivalent to 0.05%, finishing at 25,508.07.
Domestic Market:
Key equity benchmarks concluded the trading session on a downward trajectory on Monday, with the Nifty finishing beneath the 24,250 threshold, primarily influenced by substantial sell-offs in private banking stocks in the wake of their quarterly earnings reports. Investor sentiment continued to be lacklustre in the face of weak global indicators, rising tensions in the Middle East, and high crude oil prices. Broader markets exhibited superior performance relative to the benchmarks, as the midcap and smallcap indices concluded the trading session with slight gains.
Among sectors, public sector banks, pharmaceuticals, and energy stocks experienced gains, whereas private banks were the most significant underperformers. The S&P BSE Sensex declined by 442.93 points, representing a decrease of 0.57%, closing at 77,708.52. The Nifty 50 index experienced a decline of 95.80 points, reflecting a decrease of 0.39%, closing at 24,238.50.