Gift Nifty signalled a firm domestic opening despite mixed global markets, supported by ₹2,419 crore of combined FII-DII buying. Crude oil surged nearly 4%, while precious metals weakened. Earnings from major companies will dominate trade. Strong results, regulatory approvals and fresh orders aided sentiment, though margin pressure, resignations and trade duties remained key risks for investors during today’s session closely.
1. Global Market Futures & Live Indices (as of 06:45 AM IST)
Global Index Performance
| Market / Region | Index | Change (%) |
| US Markets (Futures) | Nasdaq | +0.05% |
| Dow Jones | +0.02% |
| S&P 500 | +0.13% |
| European Markets (Futures) | FTSE 100 | -0.14% |
| CAC 40 | -0.35% |
| DAX | -0.26% |
| Asian Markets (Live) | Nikkei 225 | -0.63% |
| KOSPI | -1.11% |
| TAIEX | -2.44% |
| Straits Times Index | +0.18% |
| ASX 200 | +1.08% |
| GIFT Nifty | GIFT Nifty | +0.63% |
2. Institutional Activity (Cash Market Segment)
Date: July 28, 2026
Foreign Institutional Investors (FIIs / FPIs): Net Buy of ₹755.33 crore
Domestic Institutional Investors (DIIs): Net Buy of ₹1,664.16 crore
3. Key Quarterly Earnings Today
Asian Paints, Eicher Motors, Adani Enterprises, Adani Ports and Special Economic Zone, Colgate Palmolive (India), ACME Solar Holdings, Aequs, Bajaj Housing Finance, Black Buck, CarTrade Tech, Dabur India, Hexaware Technologies, Jammu & Kashmir Bank, KPIT Technologies, Karnataka Bank, MTAR Technologies, Piramal Pharma, Prestige Estates Projects, Syngene International, Vedanta Power, Vedanta Iron and Steel, Vedanta Oil and Gas, and Waaree Energies will release their quarterly earnings today.
4. Commodity Market Updates (Live)
Crude Oil:
Natural Gas & Fuel:
US Natural Gas: Up 0.67%.
Dutch TTF Natural Gas: Jumped 2.57%, signaling continued firmness in European gas markets.
London Gas Oil: Rose 2.13%.
RBOB Gasoline: Climbed 1.52%.
Precious Metals:
Industrial Metals:
5. Key Corporate Updates
Positive Catalysts
Lupin: Received US FDA approval for Diazepam Injection USP, strengthening its US injectable portfolio.
Cipla: Secured US FDA approval for generic Advair Diskus in the US respiratory market.
INOX Green Energy Services: NCLT approved the resolution plan by INOX Neo & Authijm Investment consortium for Wind World (India).
Jain Resource Recycling: Received regulatory nod to restart manufacturing at its Chennai Unit-II (excluding the fire-affected shed).
RPG Life Sciences (Q1 YoY): Net Profit up 17% to ₹30.8 crore (vs. ₹26.3 crore); Revenue up 15.8% to ₹195.7 crore (vs. ₹168.9 crore).
Sanofi Consumer Healthcare India (Q2 YoY): Net Profit up 13.3% to ₹68.8 crore (vs. ₹60.7 crore); Revenue up 6.7% to ₹235.7 crore (vs. ₹220.9 crore).
TruAlt Bioenergy (Q1): Consolidated Revenue at ₹6.27 billion; Net Profit at ₹571.5 million.
AGI Greenpac (Q1): Consolidated Revenue at ₹7.85 billion; Net Profit at ₹993.5 million.
Grasim Industries: Approved an equity infusion of up to ₹2.35 billion into subsidiary Aditya Birla Renewables.
S H Kelkar & Company (Q1): Consolidated Revenue at ₹6.62 billion; Net Profit at ₹454 million. Approved divestment of entire stake in subsidiary Keva Ventures.
Expleo Solutions: Declared a dividend of ₹110 per share.
Career Point Edutech: Secured a work order valued at ₹357.5 million.
Central Depository Services (India) (CDSL): Received SEBI approval for a JV between Centrico Insurance and Shoveltech Solutions.
Lemon Tree Hotels: Signed a license agreement for a new 51-room property in Ujjain, Madhya Pradesh.
Bacil Pharma: Incorporated a wholly owned subsidiary, Bacil Research & Development.
Go Digit General Insurance: CCI approved the amalgamation of Go Digit Infoworks Services with the company.
Rail Vikas Nigam (RVNL): Received a Letter of Acceptance from East Central Railway for a project worth ₹3.59 billion.
RailTel Corporation: Secured a work order worth ₹439 million.
Paradeep Phosphates: Approved an investment of ₹2.5 billion to establish an aluminium fluoride manufacturing plant. Reported Q1 Revenue of ₹61.24 billion and Net Profit of ₹3.93 billion.
Phoenix Mills (Q1 YoY): Net Profit jumped 23.3% to ₹296.9 crore (vs. ₹240.7 crore); Revenue grew 12.8% to ₹1,074.9 crore (vs. ₹953 crore).
Jonjua Overseas: Board approved a bonus share issue in the ratio of 7:24.
Dalmia Bharat: Resolution plan submitted by its subsidiary for Bhilai Jaypee Cement received formal approval.
DCM Shriram (Q1 YoY): Net Profit surged over 6-fold to ₹692.8 crore (vs. ₹113.4 crore); Revenue up 9.5% to ₹3,784.7 crore (vs. ₹3,455.2 crore). Exceptional gains recorded at ₹79.42 crore (vs. Nil); Tax write-back at ₹418.02 crore (vs. tax expense of ₹56.34 crore).
ONGC: Approved a USD 500 million parent company guarantee in favor of Saudi Aramco for MRPL's crude oil imports.
Birlasoft (Q1 YoY): Net Profit up 51.3% to ₹161 crore (vs. ₹106.4 crore); Revenue grew 7.4% to ₹1,379.4 crore (vs. ₹1,284.9 crore).
Orissa Minerals Development Company: Government recommended environmental clearance for the Belkundi Iron & Manganese Ore Mine.
Tata Capital (Q1 YoY): Net Profit soared 56% to ₹1,547 crore (vs. ₹990 crore); Total Income up 23% to ₹4,455 crore (vs. ₹3,626 crore); AUM expanded 22% to ₹2.90 lakh crore (vs. ₹2.37 lakh crore).
Negative Catalysts
Ameenji Rubber: CFO Tejaswini Kandra resigned effective July 28, 2026.
Consolidated Construction Consortium (Q1): Revenue stood at ₹1.20 billion; posted a Net Loss of ₹54.9 million.
Graphite India: US Department of Commerce preliminarily imposed a 3.68% countervailing duty on exports of large-diameter graphite electrodes.
Larsen & Toubro (L&T): Warned that ongoing supply chain disruptions and elevated energy prices could weigh on growth momentum.
VST Industries (Q1 YoY): Net Profit dropped 24.4% to ₹42.4 crore (vs. ₹56.1 crore); Revenue declined 13.9% to ₹256.5 crore (vs. ₹297.9 crore).
Neutral Developments
AU Small Finance Bank: Elevated Yogesh Jain to the position of Deputy Chief Executive Officer.
Ind Swift Laboratories: Signed an MoU with Him Infratech for warehouse construction at an estimated project cost of ₹400 million.
Mufin Green Finance: Board meeting scheduled to consider fundraising via listed non-convertible debentures (NCDs) on a private placement basis.
Beryl Securities: Board approved a preferential issue of equity shares aggregating ₹29.8 million.
Davangere Sugar Company: Approved conversion of existing loans into equity shares and/or convertible warrants.
Larsen & Toubro (Q1 YoY Consolidated):
Net Profit up 14% to ₹4,123 crore (vs. ₹3,617 crore).
Revenue up 7% to ₹67,942 crore (vs. ₹63,679 crore).
EBITDA fell 3% to ₹6,116 crore (vs. ₹6,318 crore); EBITDA margin declined 90 bps to 9.0% (vs. 9.9%).
Group order inflows surged 14% to ₹1.08 lakh crore (vs. ₹94,453 crore).
Consolidated order book stands at ₹7.79 lakh crore (+5% from March 2026).
6. Macro, Non-Corporate, Unlisted & Foreign Market Developments
Reserve Bank of India (RBI): Announced an overnight Variable Rate Repo (VRR) auction of ₹500 billion under the Liquidity Adjustment Facility (LAF) on July 29 to support banking system liquidity.
Competition Commission of India (CCI): Approved Brookfield Asset Management's acquisition of units of Oaktree Capital Group Holdings and Oaktree Equity.
India Bond Market: The 10-year benchmark government bond yield closed at 6.7774% (previous close: 6.7739%).
SEBI: Passed a regulatory order regarding Firstcapital Alternate Investment Trust.
Precious Metals Outlook (Reuters Poll):
Gold: Forecast to average US$4,509/oz in 2026 and US$4,610/oz in 2027.
Silver: Projected to average US$72/oz in 2026 and US$71/oz in 2027.
Global Economic Outlook (Reuters Poll):
India Industrial Production (IIP):
June industrial output grew 7.3% YoY (beating consensus estimates of 5.7%).
Manufacturing output expanded 7.8% YoY.
Q1 (Apr–Jun) overall industrial output rose 5.8% YoY.
India Sugar Policy:
Government mandated sugar dealers to declare and update stock positions weekly starting August 1, 2026.
Stockholding capped at 4,000 quintals, with inventory duration restricted to a maximum of 30 days.
India Agricultural Exports (Jan–Jun YoY):
Wheat exports rose to 161,187 tonnes.
Corn exports jumped 400% YoY to 1.42 million tonnes.
Non-basmati rice exports up 9.6%; total rice exports up 5%.
Basmati rice exports declined 5.5% YoY.
7. Primary Market (IPO) Tracker
Ongoing IPOs
Propshop Events and Exhibitions Ltd (NSE SME): Closes on July 29, 2026
Pooja Precision Engg Ltd (BSE SME): Closes on July 30, 2026
Manipal Health Enterprises Ltd: Closes on July 31, 2026
H.R. Hygiene Products Ltd (BSE SME): Closes on July 31, 2026
Upcoming IPOs
Juniper Green Energy Ltd: Bidding Window July 30 – August 03, 2026
MV Electrosystems Ltd: Bidding Window July 30 – August 03, 2026
Oneindig Technologies Ltd (BSE SME): Bidding Window July 30 – August 03, 2026
Dhaval Packaging Ltd (BSE SME): Bidding Window July 30 – August 03, 2026
Fusion Klassroom Edutech Ltd (BSE SME): Bidding Window July 31 – August 04, 2026
Today's IPO Listings
8. Bulk & Block Deals (July 28, 2026)
Gandhar Oil Refinery India: European lender Societe Generale sold 5.22 lakh shares (0.53% stake) for ₹12.62 crore at an average price of ₹241.88 per share.
Aqylon Nexus: Pine Oak Global Fund bought 25 lakh shares (0.98% stake) for ₹6.29 crore at ₹25.19 per share. Sera Investments & Finance India sold 18.63 lakh shares (0.73% stake) worth ₹4.69 crore at ₹25.20 per share.
Asian Granito India: Nova Global Opportunities Fund PCC – Touchstone purchased 20 lakh shares (0.67% stake) at ₹60 per share via a block deal valued at ₹12 crore.
Raajmarg Infra Investment Trust: Axis Bank offloaded 34.33 lakh units at ₹116.50 per unit through a block deal totaling ~₹40 crore.
9. Corporate Action & F&O Updates
Securities Ex-Dividend on July 29, 2026
Securities in F&O Ban Period (July 29, 2026)
Sources: WOWNEWS24X7, Moneycontrol, Investing.com
