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GLOBAL MARKET UPDATE | 29 JULY

• GIFT NIFTY: +240 PTS | Strong positive opening indicated.
• DOW JONES: +537 PTS (+1.03%)
• S&P 500: +16 PTS (+0.21%)
• NASDAQ: -55 PTS (-0.22%)
• GOLD: ~$3,330/OZ | Slightly Weak
• BRENT CRUDE: ~$86.5/BBL | +5%

Outlook: Positive global cues and a strong GIFT Nifty indicate a firm start for Indian markets. Focus remains on the Fed policy decision, Q1 earnings and institutional flows.
SECTOR WATCH | 29 JULY

Positive Bias
• Auto: Earnings-led momentum may continue.
• Capital Goods: Strong order book and execution remain supportive.
• Infrastructure: Healthy project pipeline keeps sentiment positive.
• Sugar: Likely to remain in focus on sector-specific triggers.

Stock-Specific
• Oil & Gas: Watch crude price movement.
• Metals: Sensitive to global commodity trends and China cues.

Today's Theme: Prefer Auto, Capital Goods, Infrastructure and Sugar. Stay selective and focus on earnings-driven opportunities.
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GLOBAL MARKET UPDATE | 30 JULY 2026

US MARKETS
• Dow Jones: ▼ 1,153 pts
• S&P 500: ▼ 1.52%
• Nasdaq: ▼ 1.74%

Fed's cautious stance and weakness in tech stocks kept global sentiment under pressure.

ASIAN MARKETS
Asian markets traded mixed. GIFT NIFTY indicates a cautious to flat opening.

GOLD
Gold remained firm on safe-haven demand.

CRUDE OIL
Brent Crude stayed elevated amid geopolitical tensions.

INDIAN MARKET OUTLOOK
Global cues remain slightly negative. Expect a cautious start with stock-specific action. Focus on disciplined execution and quality setups.
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