NIFTY Spot View: 10/07/2026
CMP: 23962.80
Moving AVG (EMA) 20 Hour & 40 Hour: 24138 & 24175
Moving AVG (EMA) 20 Day & 40 Day: 23989 & 23914
Support & Downside Range: 24915, 23805/23745, 23559
Resistance & Upside Range: 24137, 24265, 24350/24465
Short Term Trend Reversal Level: --
Trading View Summary:
For today’s gap up trading session key level to watch is 23915 support on sustain and closing basis. After opening if given levels manage to hold than we may move higher towards 24137 and above levels. Whereas after opening if nifty fail to hold the given support than we may open risk towards 23805/23745 and lower levels.
CMP: 23962.80
Moving AVG (EMA) 20 Hour & 40 Hour: 24138 & 24175
Moving AVG (EMA) 20 Day & 40 Day: 23989 & 23914
Support & Downside Range: 24915, 23805/23745, 23559
Resistance & Upside Range: 24137, 24265, 24350/24465
Short Term Trend Reversal Level: --
Trading View Summary:
For today’s gap up trading session key level to watch is 23915 support on sustain and closing basis. After opening if given levels manage to hold than we may move higher towards 24137 and above levels. Whereas after opening if nifty fail to hold the given support than we may open risk towards 23805/23745 and lower levels.
📢 Market Weekly Wrap & Key Events Ahead | 13–17 July 2026 📊
📉 Markets End Week Lower Amid Global Uncertainty
Indian markets ended the week on a cautious note as geopolitical tensions, crude oil volatility and global growth concerns weighed on sentiment.
🔻 Nifty 50: Down 0.26% (ended 4-week winning streak)
🔻 Sensex: Down 0.25%
🔼 Bank Nifty: Up 0.19%
🚀 Nifty Midcap 100: Up 1.36% (Fresh all-time high)
📈 Nifty Smallcap 100: Up 1.26% (5th consecutive weekly gain)
🌍 Global & Macro Highlights
• US Fed minutes indicated some policymakers favoured rate hikes amid inflation risks.
• IMF cut global growth forecast for 2026 to 3.0% from 3.1%.
• OPEC approved another crude oil output hike of 188,000 bpd for August.
• US jobless claims declined to 215,000, showing labour market resilience.
• Japan wholesale inflation accelerated to 7.1% YoY in June.
⚠️ Key Market Triggers
• 🪖 Renewed US-Iran tensions increased volatility concerns.
• 🛢️ Crude oil movements and currency trends remain key factors.
• 📊 Investors await inflation data from India and the US along with China GDP numbers.
📌 Sector & Stock Highlights
🛡️ Defence stocks gained after DAC approved procurement proposals worth ₹52,000 crore.
💻 IT sector earnings season begins with focus on TCS, HCL Tech and Wipro.
🏦 Banks reported strong Q1FY27 business updates, supporting financial stocks.
⚡ Electronics manufacturing stocks gained after customs duty exemptions on key components.
📅 Major Earnings Next Week
🔹 13 July: HCL Technologies, ICICI Prudential AMC
🔹 14 July: LT Technology Services, Tata Elxsi, Jindal Saw
🔹 15 July: HDFC Life, HDFC AMC, ICICI Lombard, ICICI Prudential Life, HDB Financial Services, Angel One & others
🔹 16 July: Wipro, Tech Mahindra, Polycab India, ITC Hotels, Ceat
🔹 17 July: JSW Steel, Havells India, Tata Technologies, RBL Bank & others
📊 Key Data Points to Watch
🔹 India CPI & WPI Inflation
🔹 US CPI & Retail Sales
🔹 China GDP Growth
🔹 US Crude Oil Inventories
🔹 India Forex Reserves
📌 Stay updated with market trends, earnings & key economic developments! 🚀📈
📉 Markets End Week Lower Amid Global Uncertainty
Indian markets ended the week on a cautious note as geopolitical tensions, crude oil volatility and global growth concerns weighed on sentiment.
🔻 Nifty 50: Down 0.26% (ended 4-week winning streak)
🔻 Sensex: Down 0.25%
🔼 Bank Nifty: Up 0.19%
🚀 Nifty Midcap 100: Up 1.36% (Fresh all-time high)
📈 Nifty Smallcap 100: Up 1.26% (5th consecutive weekly gain)
🌍 Global & Macro Highlights
• US Fed minutes indicated some policymakers favoured rate hikes amid inflation risks.
• IMF cut global growth forecast for 2026 to 3.0% from 3.1%.
• OPEC approved another crude oil output hike of 188,000 bpd for August.
• US jobless claims declined to 215,000, showing labour market resilience.
• Japan wholesale inflation accelerated to 7.1% YoY in June.
⚠️ Key Market Triggers
• 🪖 Renewed US-Iran tensions increased volatility concerns.
• 🛢️ Crude oil movements and currency trends remain key factors.
• 📊 Investors await inflation data from India and the US along with China GDP numbers.
📌 Sector & Stock Highlights
🛡️ Defence stocks gained after DAC approved procurement proposals worth ₹52,000 crore.
💻 IT sector earnings season begins with focus on TCS, HCL Tech and Wipro.
🏦 Banks reported strong Q1FY27 business updates, supporting financial stocks.
⚡ Electronics manufacturing stocks gained after customs duty exemptions on key components.
📅 Major Earnings Next Week
🔹 13 July: HCL Technologies, ICICI Prudential AMC
🔹 14 July: LT Technology Services, Tata Elxsi, Jindal Saw
🔹 15 July: HDFC Life, HDFC AMC, ICICI Lombard, ICICI Prudential Life, HDB Financial Services, Angel One & others
🔹 16 July: Wipro, Tech Mahindra, Polycab India, ITC Hotels, Ceat
🔹 17 July: JSW Steel, Havells India, Tata Technologies, RBL Bank & others
📊 Key Data Points to Watch
🔹 India CPI & WPI Inflation
🔹 US CPI & Retail Sales
🔹 China GDP Growth
🔹 US Crude Oil Inventories
🔹 India Forex Reserves
📌 Stay updated with market trends, earnings & key economic developments! 🚀📈
Cupid Limited Recognized Among BSE's Leading Listed Companies
Cupid Limited has been reclassified from BSE Group 'B' to BSE Group 'A' by the Bombay Stock Exchange (BSE) as part of its periodic review of listed companies. The inclusion places the Company among BSE's most actively traded and well-governed listed companies, reflecting its strengthened market position and continued operational progress.
This milestone reinforces the Company's evolution into a diversified global healthcare and consumer wellness business, supported by consistent business execution, expanding scale, and a strong focus on governance and transparency.
Why the Inclusion in BSE Group 'A' is Significant
* Recognition among leading listed companies with high market participation and trading liquidity.
* Enhanced visibility among domestic and global investors, strengthening the Company's presence in the capital markets.
* Greater accessibility for institutional investors, including mutual funds and foreign institutional investors that actively invest in highly liquid listed companies.
* Improved trading liquidity through the normal rolling settlement mechanism, supporting efficient trading of the Company's shares.
* Strong corporate governance and compliance standards, reinforcing investor confidence and long-term credibility.
* Operational Progress Supporting This Milestone
The Company's inclusion in BSE Group 'A' has been supported by several strategic and operational initiatives, including:
* Expansion of its global institutional business with exports to 125+ countries.
* Diversification into the branded consumer wellness and FMCG segment, creating an additional growth engine.
* Ongoing expansion of manufacturing capabilities to support future demand.
* Continued product innovation and expansion of the product portfolio across healthcare and wellness categories.
* Consistent financial and operational performance, supported by a disciplined execution strategy.
* Focus on maintaining strong governance, transparency, and regulatory compliance.
Looking Ahead
Cupid Limited remains focused on expanding its global presence, strengthening its branded consumer business, increasing manufacturing capacity, and pursuing new growth opportunities across domestic and international markets. The Company's inclusion in BSE Group 'A' marks another important milestone in its growth journey and further strengthens its position for long-term value creation.
Cupid Limited has been reclassified from BSE Group 'B' to BSE Group 'A' by the Bombay Stock Exchange (BSE) as part of its periodic review of listed companies. The inclusion places the Company among BSE's most actively traded and well-governed listed companies, reflecting its strengthened market position and continued operational progress.
This milestone reinforces the Company's evolution into a diversified global healthcare and consumer wellness business, supported by consistent business execution, expanding scale, and a strong focus on governance and transparency.
Why the Inclusion in BSE Group 'A' is Significant
* Recognition among leading listed companies with high market participation and trading liquidity.
* Enhanced visibility among domestic and global investors, strengthening the Company's presence in the capital markets.
* Greater accessibility for institutional investors, including mutual funds and foreign institutional investors that actively invest in highly liquid listed companies.
* Improved trading liquidity through the normal rolling settlement mechanism, supporting efficient trading of the Company's shares.
* Strong corporate governance and compliance standards, reinforcing investor confidence and long-term credibility.
* Operational Progress Supporting This Milestone
The Company's inclusion in BSE Group 'A' has been supported by several strategic and operational initiatives, including:
* Expansion of its global institutional business with exports to 125+ countries.
* Diversification into the branded consumer wellness and FMCG segment, creating an additional growth engine.
* Ongoing expansion of manufacturing capabilities to support future demand.
* Continued product innovation and expansion of the product portfolio across healthcare and wellness categories.
* Consistent financial and operational performance, supported by a disciplined execution strategy.
* Focus on maintaining strong governance, transparency, and regulatory compliance.
Looking Ahead
Cupid Limited remains focused on expanding its global presence, strengthening its branded consumer business, increasing manufacturing capacity, and pursuing new growth opportunities across domestic and international markets. The Company's inclusion in BSE Group 'A' marks another important milestone in its growth journey and further strengthens its position for long-term value creation.
🇮🇷Iranian Revolutionary Guard Corps (IRGC) Declares:
"To all neighboring countries: "The time for restraint is OVER.
Iran will now target the infrastructure belonging to the 🇺🇸American-🇮🇱Zionist enemy, the 🇦🇪UAE, 🇸🇦Saudi Arabia, 🇰🇼Kuwait, 🇧🇭Bahrain, 🇯🇴Jordan, 🇶🇦Qatar, and all their partners.
These attacks will be devastating depriving America and its allies of the region's oil and gas supplies for years to come.
You have been warned. No excuses left.
We will strike."
"To all neighboring countries: "The time for restraint is OVER.
Iran will now target the infrastructure belonging to the 🇺🇸American-🇮🇱Zionist enemy, the 🇦🇪UAE, 🇸🇦Saudi Arabia, 🇰🇼Kuwait, 🇧🇭Bahrain, 🇯🇴Jordan, 🇶🇦Qatar, and all their partners.
These attacks will be devastating depriving America and its allies of the region's oil and gas supplies for years to come.
You have been warned. No excuses left.
We will strike."
STOCKS TO WATCH
POSITIVE
Mazagon Dock Shipbuilders: INS Mahendragiri commissioned
Cupid-Included in BSE Group ‘A’ category
NTPC- Rs. 20,457 crore investment in Lara Super Thermal Power Project.
Nuvoco Vistas-Arm commissions 2 MMTPA cement grinding capacity
SEAMEC: Vessel Samudra Prabha is hired
RITES-Order win
NMDC-Hike in iron ore prices
Precision Wire-License win in Gujarat
Power Grid-Successful bidder for transmission project
NEGATIVE
IREDA - Declared Gensol Engineering/Gensol EV Lease as fraud account
SEPC--Furlong JV receives a termination notice
Authum Investment & Infrastructure: NCLT rejects a resolution plan
POSITIVE
Mazagon Dock Shipbuilders: INS Mahendragiri commissioned
Cupid-Included in BSE Group ‘A’ category
NTPC- Rs. 20,457 crore investment in Lara Super Thermal Power Project.
Nuvoco Vistas-Arm commissions 2 MMTPA cement grinding capacity
SEAMEC: Vessel Samudra Prabha is hired
RITES-Order win
NMDC-Hike in iron ore prices
Precision Wire-License win in Gujarat
Power Grid-Successful bidder for transmission project
NEGATIVE
IREDA - Declared Gensol Engineering/Gensol EV Lease as fraud account
SEPC--Furlong JV receives a termination notice
Authum Investment & Infrastructure: NCLT rejects a resolution plan
❤1
TODAY'S Q1 RESULTS
HCL TECH
ICICI PRU AMC
BAJAJ CONSUMER
NUVACO VISTAS
PLASTIBLEND
SIMBHOLI SUGAR
Rupee Opens At 95.70/$ Vs Friday’s Close Of 95.33/$
HCL TECH
ICICI PRU AMC
BAJAJ CONSUMER
NUVACO VISTAS
PLASTIBLEND
SIMBHOLI SUGAR
Rupee Opens At 95.70/$ Vs Friday’s Close Of 95.33/$
CUPID: RECLASSIFIED TO BSE GROUP 'A' 📈🏛️
• 🔄 BSE has reclassified Cupid Ltd. from Group 'B' to Group 'A' under its periodic review of listed companies
• 🌍 Group 'A' classification is expected to enhance visibility among domestic and global investors
• 💰 Improves accessibility for institutional investors and supports better liquidity and price discovery
• 🏭 Company exports to 125+ countries and continues to expand its consumer wellness and healthcare portfolio
• 📈 Continues to invest in manufacturing, innovation and operational excellence while maintaining strong governance standards
🟢 Impact: Positive (Upgrade to BSE Group 'A' improves market visibility, institutional participation and investor confidence.)
• 🔄 BSE has reclassified Cupid Ltd. from Group 'B' to Group 'A' under its periodic review of listed companies
• 🌍 Group 'A' classification is expected to enhance visibility among domestic and global investors
• 💰 Improves accessibility for institutional investors and supports better liquidity and price discovery
• 🏭 Company exports to 125+ countries and continues to expand its consumer wellness and healthcare portfolio
• 📈 Continues to invest in manufacturing, innovation and operational excellence while maintaining strong governance standards
🟢 Impact: Positive (Upgrade to BSE Group 'A' improves market visibility, institutional participation and investor confidence.)
NIFTY Spot View: 13/07/2026
CMP: 24206.90
Moving AVG (EMA) 20 Hour & 40 Hour: 24164 & 24179
Moving AVG (EMA) 20 Day & 40 Day: 24010 & 23928
Support & Downside Range: 24075/24025, 23990/23915/23805
Resistance & Upside Range: 24265, 24350, 24466
Short Term Trend Reversal Level: --
Trading View Summary:
For today’s gap down trading session the key level to watch is 24075/24025 support zone on sustain and closing basis. After opening if the given support zone manages to hold then we may try to move higher towards 24265 and above levels. Whereas after opening if given support fail to hold on sustain and closing basis than we may open downside risk towards 23990/23915 and lower levels.
CMP: 24206.90
Moving AVG (EMA) 20 Hour & 40 Hour: 24164 & 24179
Moving AVG (EMA) 20 Day & 40 Day: 24010 & 23928
Support & Downside Range: 24075/24025, 23990/23915/23805
Resistance & Upside Range: 24265, 24350, 24466
Short Term Trend Reversal Level: --
Trading View Summary:
For today’s gap down trading session the key level to watch is 24075/24025 support zone on sustain and closing basis. After opening if the given support zone manages to hold then we may try to move higher towards 24265 and above levels. Whereas after opening if given support fail to hold on sustain and closing basis than we may open downside risk towards 23990/23915 and lower levels.
🇮🇳🇺🇸 India’s holdings of US Treasury securities have dropped to a near six-year low. The Reserve Bank of India is actively selling off these assets to diversify its foreign exchange portfolio, shifting its strategy away from US debt and moving heavily toward increasing its gold reserves instead.
🇺🇸 US Treasury Yields Climb on Inflation & Geopolitical Fears 📈
• 📈 US 2-year Treasury yield rose to 4.24%, the highest since February 2025
• 📊 US 10-year Treasury yield climbed to 4.59%, near its highest level since mid-May
• 🛢️ Brent crude surged over 4% amid renewed US-Iran tensions, raising inflation concerns
• 🏦 Markets are now almost fully pricing in a Fed rate hike in September, up from around 66% odds a week ago
• 📅 This week's US inflation data will be crucial in determining whether expectations for a September rate hike remain intact
🟠 Impact: Rising US yields and oil prices could pressure global equities, especially emerging markets, while supporting the US dollar and weighing on rate-sensitive sectors.
• 📈 US 2-year Treasury yield rose to 4.24%, the highest since February 2025
• 📊 US 10-year Treasury yield climbed to 4.59%, near its highest level since mid-May
• 🛢️ Brent crude surged over 4% amid renewed US-Iran tensions, raising inflation concerns
• 🏦 Markets are now almost fully pricing in a Fed rate hike in September, up from around 66% odds a week ago
• 📅 This week's US inflation data will be crucial in determining whether expectations for a September rate hike remain intact
🟠 Impact: Rising US yields and oil prices could pressure global equities, especially emerging markets, while supporting the US dollar and weighing on rate-sensitive sectors.
🛡️ BEL BAGS ADDITIONAL ₹572 CRORE ORDERS 🚀
• 📦 Bharat Electronics (BEL) has secured additional orders worth ₹572 crore since its last disclosure on 22 June 2026
• 📡 Major orders include communication equipment, avionics and encryptors
• 🚓 The contracts also cover tank sub-systems, EVMs, batteries, components, upgrades, spares and services
• 🏭 The orders further strengthen BEL's execution pipeline across defence and strategic electronics
🟢 Impact: Positive — Fresh order inflows improve BEL's order book visibility and reinforce its strong position in India's defence electronics sector.
• 📦 Bharat Electronics (BEL) has secured additional orders worth ₹572 crore since its last disclosure on 22 June 2026
• 📡 Major orders include communication equipment, avionics and encryptors
• 🚓 The contracts also cover tank sub-systems, EVMs, batteries, components, upgrades, spares and services
• 🏭 The orders further strengthen BEL's execution pipeline across defence and strategic electronics
🟢 Impact: Positive — Fresh order inflows improve BEL's order book visibility and reinforce its strong position in India's defence electronics sector.
EMS EMERGES L1 BIDDER FOR ₹105.82 CR UP JAL NIGAM PROJECT 🏗️
• 🏆 EMS has been declared the Lowest Bidder (L1) by UP Jal Nigam (Urban), Varanasi
• 💰 Estimated Order Value: ₹105.82 crore (₹10,581.65 lakh, excluding GST)
• 🚧 The project includes construction of a 10 MLD STP with co-treatment plant, pumping station, boundary wall, staff quarters, gate and site development
• 🚰 Scope also covers laying & jointing of sewer network and providing sewer house connections in Ramnagar Zone, Varanasi
• ⏳ Execution Period: 24 months
• 📜 The company will receive the formal Letter of Award (LoA) after completion of the award process
🟢 Impact: Positive — Securing L1 status enhances EMS' order pipeline and strengthens its position in the water and wastewater infrastructure segment.
• 🏆 EMS has been declared the Lowest Bidder (L1) by UP Jal Nigam (Urban), Varanasi
• 💰 Estimated Order Value: ₹105.82 crore (₹10,581.65 lakh, excluding GST)
• 🚧 The project includes construction of a 10 MLD STP with co-treatment plant, pumping station, boundary wall, staff quarters, gate and site development
• 🚰 Scope also covers laying & jointing of sewer network and providing sewer house connections in Ramnagar Zone, Varanasi
• ⏳ Execution Period: 24 months
• 📜 The company will receive the formal Letter of Award (LoA) after completion of the award process
🟢 Impact: Positive — Securing L1 status enhances EMS' order pipeline and strengthens its position in the water and wastewater infrastructure segment.
SAMMAAN CAPITAL GETS NCLT CLARIFICATION FOR DEMERGER SCHEME ⚖️
• ✅ The NCLT, New Delhi Bench has allowed Sammaan Capital's Clarification Application related to its proposed Scheme of Arrangement
• 📄 The scheme involves the proposed arrangement between Sammaan Capital Ltd. and Sammaan Finserve Ltd.
• 🏦 The clarification modifies aspects of the earlier NCLT order dated June 12, 2026, enabling the scheme process to move forward
• 📅 The Clarification Order is dated July 10, 2026 and was uploaded on the NCLT website on July 13, 2026
• ⏳ The company is awaiting the certified copy of the Clarification Order
🟢 Impact: Positive — The NCLT clarification removes procedural hurdles and advances the proposed demerger process, supporting the company's restructuring plans.
• ✅ The NCLT, New Delhi Bench has allowed Sammaan Capital's Clarification Application related to its proposed Scheme of Arrangement
• 📄 The scheme involves the proposed arrangement between Sammaan Capital Ltd. and Sammaan Finserve Ltd.
• 🏦 The clarification modifies aspects of the earlier NCLT order dated June 12, 2026, enabling the scheme process to move forward
• 📅 The Clarification Order is dated July 10, 2026 and was uploaded on the NCLT website on July 13, 2026
• ⏳ The company is awaiting the certified copy of the Clarification Order
🟢 Impact: Positive — The NCLT clarification removes procedural hurdles and advances the proposed demerger process, supporting the company's restructuring plans.
U.S Stocks end lower as oil prices surge on renewed Hormuz tensions, SK Hynix leads chip stock sell-off
• 🔴 Nasdaq fell 1.55%, leading losses as technology stocks remained under pressure
• 📉 S&P 500 declined 0.79%, while the Dow Jones slipped 0.26%
• ⚠️ Small Cap 2000 dropped 0.78%, reflecting broad-based weakness across equities
• 🔴 Nasdaq fell 1.55%, leading losses as technology stocks remained under pressure
• 📉 S&P 500 declined 0.79%, while the Dow Jones slipped 0.26%
• ⚠️ Small Cap 2000 dropped 0.78%, reflecting broad-based weakness across equities
BRENT CRUDE SURGES ABOVE $85 ON HORMUZ TENSIONS 🛢️⚠️
• 🛢️ Brent crude climbed above $85/barrel, with weekly gains exceeding 10%
• 🚢 Prices surged after Donald Trump announced a blockade on Iranian vessels transiting the Strait of Hormuz
• 💵 Trump also proposed a 20% reimbursement charge on cargoes using the Strait, targeting beneficiary nations
• 🌍 Fresh US-Iran tensions and potential tougher sanctions on Russian oil and gas buyers added to supply concerns
🔴 Impact: Negative for oil-importing sectors (Higher crude prices may increase inflation, fuel costs and pressure margins for OMCs, airlines, paints and chemical companies.)
• 🛢️ Brent crude climbed above $85/barrel, with weekly gains exceeding 10%
• 🚢 Prices surged after Donald Trump announced a blockade on Iranian vessels transiting the Strait of Hormuz
• 💵 Trump also proposed a 20% reimbursement charge on cargoes using the Strait, targeting beneficiary nations
• 🌍 Fresh US-Iran tensions and potential tougher sanctions on Russian oil and gas buyers added to supply concerns
🔴 Impact: Negative for oil-importing sectors (Higher crude prices may increase inflation, fuel costs and pressure margins for OMCs, airlines, paints and chemical companies.)
INDIA LAUNCHES ₹15,000 CR STRATOSPHERIC AIRSHIP PROGRAMME : ET REPORT
• 🇮🇳 Government has launched a ₹15,000 crore programme to develop indigenous high-altitude surveillance airships
• ☁️ Airships will operate above 20 km for months, bridging the gap between drones and satellites
• 🎯 Equipped with advanced sensors for persistent surveillance, intelligence gathering and long-range communications
• 🏭 Multiple private defence firms are competing to build prototypes under the government-funded project
🟢 Impact: Positive (Creates a significant opportunity for Indian defence and aerospace companies involved in surveillance systems, sensors, communications and advanced manufacturing.)
• 🇮🇳 Government has launched a ₹15,000 crore programme to develop indigenous high-altitude surveillance airships
• ☁️ Airships will operate above 20 km for months, bridging the gap between drones and satellites
• 🎯 Equipped with advanced sensors for persistent surveillance, intelligence gathering and long-range communications
• 🏭 Multiple private defence firms are competing to build prototypes under the government-funded project
🟢 Impact: Positive (Creates a significant opportunity for Indian defence and aerospace companies involved in surveillance systems, sensors, communications and advanced manufacturing.)
Tech shares pulled U.S. stocks lower on Monday after President Donald Trump announced that he would reinstate a blockade on Iranian ports in the latest escalation of U.S.-Iran hostilities that sent oil prices jumping and dampened risk appetite. Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels.
🌅 Pre-Market Update 🌟
📉 Global Markets Under Pressure as US-Iran Tensions Lift Oil Prices
🇺🇸 Wall Street Ends Lower:
🔻 Dow Jones: 52,498.70 (⬇️ 0.26%)
🔻 S&P 500: 7,515.47 (⬇️ 0.79%)
🔻 Nasdaq: 25,873.18 (⬇️ 1.55%)
🌏 Asian Markets:
🌐 Asian markets traded mixed after Wall Street declined amid rising crude oil prices due to escalating US-Iran tensions.
💻 Weakness in semiconductor stocks and inflation concerns weighed on investor sentiment.
✨ GIFT Nifty Signals Weak Start:
📍 GIFT Nifty: 24,051
📉 Down nearly 167 points from Nifty futures’ previous close, indicating a negative opening for Indian equities.
📉 Yesterday’s Indian Markets:
📈 Sensex: 77,616.40 (+47.01 points)
📈 Nifty 50: 24,211.00 (+4.10 points)
⚠️ Markets ended flat with a positive bias as investors tracked rising crude oil prices and geopolitical developments.
🛢️ Crude Oil Prices:
🚀 Brent crude: $84.98/barrel (+2%)
🚀 WTI crude: $79.79/barrel (+2.1%)
⚠️ Oil prices hit a four-week high amid concerns over supply disruptions through the Strait of Hormuz.
🥇 Gold & Silver Update:
🟡 Gold: $3,996.63/oz (-0.1%)
⚪ Silver: $57.50/oz (-0.3%)
📉 Precious metals remained under pressure as expectations of higher interest rates increased.
💰 Bond Yields Update:
🇺🇸 10-year Treasury yield: 4.618% ⬆️
🇺🇸 30-year Treasury yield: 5.104% ⬆️
🇺🇸 2-year Treasury yield: 4.273% ⬆️
💲 Dollar Index:
💵 Dollar Index: 101.27
➡️ Remained steady ahead of key US inflation data.
💸 FII/DII Activity (July 13):
🔴 FII: Sold shares worth ₹3,062.27 Cr
🟢 DII: Bought shares worth ₹2,171.70 Cr
📊 Nifty Derivatives Setup:
📌 PCR: 1.62
🟢 Strong Put OI at 24,000 strike indicates support.
🔴 Highest Call OI at 24,500 strike suggests resistance.
📈 Nifty Technical Levels:
🟢 Support Zone: 23,800-24,000
🔴 Resistance Zone: 24,300-24,500
🚀 Break above 24,300 may push Nifty towards 24,500.
⚠️ Break below 23,800 could trigger further consolidation.
📌 Stocks in Focus Today:
💻 HCL Technologies
🏦 SBI
🧬 Biocon
🏗️ Grasim Industries
💊 Emcure Pharmaceuticals
🏢 Welspun Enterprises
⚙️ Timken India
📊 ICICI Prudential AMC
🏭 Nuvoco Vistas Corporation
🚫 F&O Ban Today:
⚠️ Kaynes
📊 Market View:
🌍 Global uncertainty, higher crude prices and geopolitical tensions are likely to keep Indian markets volatile.
🚀 Let’s see how the markets react! 📈✨
📉 Global Markets Under Pressure as US-Iran Tensions Lift Oil Prices
🇺🇸 Wall Street Ends Lower:
🔻 Dow Jones: 52,498.70 (⬇️ 0.26%)
🔻 S&P 500: 7,515.47 (⬇️ 0.79%)
🔻 Nasdaq: 25,873.18 (⬇️ 1.55%)
🌏 Asian Markets:
🌐 Asian markets traded mixed after Wall Street declined amid rising crude oil prices due to escalating US-Iran tensions.
💻 Weakness in semiconductor stocks and inflation concerns weighed on investor sentiment.
✨ GIFT Nifty Signals Weak Start:
📍 GIFT Nifty: 24,051
📉 Down nearly 167 points from Nifty futures’ previous close, indicating a negative opening for Indian equities.
📉 Yesterday’s Indian Markets:
📈 Sensex: 77,616.40 (+47.01 points)
📈 Nifty 50: 24,211.00 (+4.10 points)
⚠️ Markets ended flat with a positive bias as investors tracked rising crude oil prices and geopolitical developments.
🛢️ Crude Oil Prices:
🚀 Brent crude: $84.98/barrel (+2%)
🚀 WTI crude: $79.79/barrel (+2.1%)
⚠️ Oil prices hit a four-week high amid concerns over supply disruptions through the Strait of Hormuz.
🥇 Gold & Silver Update:
🟡 Gold: $3,996.63/oz (-0.1%)
⚪ Silver: $57.50/oz (-0.3%)
📉 Precious metals remained under pressure as expectations of higher interest rates increased.
💰 Bond Yields Update:
🇺🇸 10-year Treasury yield: 4.618% ⬆️
🇺🇸 30-year Treasury yield: 5.104% ⬆️
🇺🇸 2-year Treasury yield: 4.273% ⬆️
💲 Dollar Index:
💵 Dollar Index: 101.27
➡️ Remained steady ahead of key US inflation data.
💸 FII/DII Activity (July 13):
🔴 FII: Sold shares worth ₹3,062.27 Cr
🟢 DII: Bought shares worth ₹2,171.70 Cr
📊 Nifty Derivatives Setup:
📌 PCR: 1.62
🟢 Strong Put OI at 24,000 strike indicates support.
🔴 Highest Call OI at 24,500 strike suggests resistance.
📈 Nifty Technical Levels:
🟢 Support Zone: 23,800-24,000
🔴 Resistance Zone: 24,300-24,500
🚀 Break above 24,300 may push Nifty towards 24,500.
⚠️ Break below 23,800 could trigger further consolidation.
📌 Stocks in Focus Today:
💻 HCL Technologies
🏦 SBI
🧬 Biocon
🏗️ Grasim Industries
💊 Emcure Pharmaceuticals
🏢 Welspun Enterprises
⚙️ Timken India
📊 ICICI Prudential AMC
🏭 Nuvoco Vistas Corporation
🚫 F&O Ban Today:
⚠️ Kaynes
📊 Market View:
🌍 Global uncertainty, higher crude prices and geopolitical tensions are likely to keep Indian markets volatile.
🚀 Let’s see how the markets react! 📈✨